Competition in the housing market finally began to cool this year, as listings multiplied and price gains moderated. Bidding wars became less frequent and spring sales perked up a bit. Well, forget that. The heat is on yet again.
With increasing population in California, more and more people are renting every year. As a result, there’s a staggering problem of rising rents for low-income seniors, and they could face hard issues if rents continue to rise.