The Numbers
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Business NewsAutomakers seek ‘opportunity in the chaos’ of Trump’s tariffsFord and Stellantis are offering employee-pricing programs, while Hyundai said it would not raise prices for at least two months to ease consumer concerns. Medicare, Medicaid agency cuts jobs from minority health office, other divisions, as RFK Jr. guts U.S. health departmentCMS detailed some of the specific offices impacted by cuts under Kennedy's broader plan to restructure the Department of Health and Human Services. Tariffs will drive up the cost of airplanes, the United States' star exportAirplanes, engines and other aerospace parts would get more expensive under the new tariffs. Toy prices could jump 50% following Trump's tariffs on China, VietnamToy prices could spike exponentially after President Donald Trump levied massive tariffs against China and Vietnam. Family offices pause dealmaking in March on trade war fearsUltra-rich families are reexamining their portfolio companies and worrying about the operating businesses responsible for their wealth. Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group saysGrocery bills will likely rise as shoppers pay more for household staples because of the Trump administration's new tariffs. Stellantis idles plants in Mexico and Canada due to tariffsAbout 900 U.S.-represented employees at supporting plants will be temporarily laid off, in addition to about 4,500 hourly workers at the Canadian plant. Trump’s 25% auto tariffs are in effect. What investors need to knowCNBC breaks down what investors should know about how the additional levies will impact individual vehicles and automakers. Mortgage rates sink on tariffs, but housing costs are still near a record highMortgage rates fell sharply Thursday, following the Trump administration's tariff announcement, but a huge share of Americans still can't afford to buy a home. Family offices are moving money out of the U.S. on tariff, economic fearsEven before President Donald Trump's bombshell tariff announcement Wednesday afternoon, family offices are rethinking their investments in the U.S. Southwest's bag fees and other changes could backfire, Fitch warnsThe ratings agency put the airline on "negative" outlook, saying the company could become less financially conservative. Trump's massive 46% Vietnam tariffs pummel Nike, American Eagle and WayfairThe country became a popular alternative for furniture, apparel and toymakers trying to avoid the crossfire of U.S. trade tensions with Beijing Advertisers look for flexibility as they parse how Trump's new tariffs will affect their businessesAdvertisers are seeking flexible terms with media companies as uncertainty grows from President Donald Trump's looming tariffs. Trump administration puts 25% tariff on all canned beer imports, empty aluminum cansCanned beer imports will be subject to a 25% tariff, putting pressure on Constellation Brands' bottom line. Tequila maker says tariffs won't affect his prices. Here's why he plans to absorb costsColorado-based Suerte Tequila said it will absorb all tariff costs. Boeing tells Senate it's making progress on safety reforms and is in talks with DOJ over revised plea dealBoeing's CEO Kelly Ortberg faces senators' questions about its recovery from a series of manufacturing and safety crises. UFC signs wide-ranging sponsorship deal with Meta, bringing Mark Zuckerberg closer to Dana WhiteMeta and mixed martial arts league UFC reached a multimillion-dollar, multiple-year sponsorship deal that will span the tech company's portfolio, UFC told CNBC. QVC is betting on TikTok to help revive its live shopping businessQVC Group, the owner of the QVC and HSN TV networks, is teaming up with TikTok Shop for 24/7 live shopping streams in an effort to revive its business. United Airlines adds Thailand, Vietnam and Australia flights in latest expansionUnited Airlines is adding service to Vietnam and Thailand in October and nonstop service from San Francisco to Adelaide, Australia, in December. Manhattan's luxury real estate market sees best first quarter in six yearsManhattan apartment sales rose 29% in the first quarter, and the total value of apartment sales in the city reached $5.7 billion, up 56%. How U.S. women's soccer coach Emma Hayes plans to grow the sportWomen's national team coach Emma Hayes is looking to redefine soccer in the U.S. GM's first-quarter U.S. vehicle sales lead industry as automakers braces for tariffsGM reported a 16.7% jump in U.S. sales compared to the first quarter of 2024, led my incremental gains in sales of new EVs and notable gains in full-size SUVs. Airline stocks slide as concerns grow over consumers' travel appetiteA drop in consumer confidence and a decline in travel spending is weighing on travel stocks. Shares of conservative cable channel Newsmax soar another 179% after massive debutNewsmax shares soared for a second day after their public debut, as the conservative news channel gains traction during President Donald Trump's second term. Eli Lilly sues two pharmacies making copycat Zepbound, MounjaroEli Lilly is suing Strive Pharmacy and Empower Pharmacy for compounding tirzepatide, the active ingredient in Zepbound and Mounjaro. Federal funding cuts are raising questions about university endowments. Here's what some are worth and how they workColumbia is one of the richest universities with a $14.8 billion endowment. Still, covering federal funding cuts isn't as simple as smashing a piggy bank. Conservative cable channel Newsmax spikes more than 700% in first trading day on NYSEThe conservative cable TV channel Newsmax started trading on the New York Stock Exchange on Monday. Vaccine stocks fall after key FDA official resigns in protest of RFK Jr.Shares of Moderna, Novavax and other biotech companies fell after FDA official Peter Marks's resignation in protest of Robert F. Kennedy Jr. AMC bets on premium screens as Hollywood slate boasts big blockbuster titlesHollywood's blockbuster slate is heating up and AMC Entertainment is growing its quantity of premium screens to meet demand. Novo Nordisk's diabetes pill slashes risk of cardiovascular complications by 14% after four yearsThe results pave the way for Rybelsus to become a new treatment option for people living with diabetes and established heart disease. |
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Public Policy Institute of CaliforniaA Closer Look at California’s Surging Electricity RatesTestimony: Cost Pressures and Affordability for Californians in Today’s EconomyHomelessness Hits Record High in California, Jumps Dramatically in Rest of USSafety Net Programs Can Make College More Affordable for Low-Income StudentsTestimony: A Snapshot of Food Insecurity in CaliforniaIncome Inequality in CaliforniaImproving Safety Net Enrollment among California College StudentsHelping California Prepare for Dramatic Growth in its Older Adult PopulationReducing College Costs for Low-Income StudentsMaking Sense of California’s EconomyPoverty Varies Widely across California’s RegionsCalifornia’s Aging PopulationPolicy Brief: California’s Aging PopulationSix Fast Facts on Californians’ Economic MoodCalifornia’s Health Care Safety NetVideo: Californians and Their Economic Well-BeingVideo: Funding Student NeedPPIC Statewide Survey: Californians and Their Economic Well-BeingThree Decades of Housing Challenges in the Golden StateFunding Student Need: Evaluating Measures of Need in California’s TK–12 Funding Formula |
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California Department of Real Estate News ClipsU.S. home sales fall to historically low level: Redfin - NEIL PIERSON, HousingWireAccording to the national real estate brokerage, only two months in the past decade have seen lower levels of home sales than last month. The first occurred in May 2020, when the lockdowns imposed during the COVID-19 pandemic brought in-person showings and sales to a halt. The second occurred in October 2023 when mortgage rates peaked at their highest point since 2000. When Is a Tiny House Too Small to Be a Home? - RONDA KAYSEN, New York Times (Subscription)As the Supreme Court weighs whether cities can criminalize sleeping outdoors or in tents, Los Angeles is attempting to combat homelessness with tiny homes criticized by some as 'inhumane.' Homeowner equity continues to rise despite housing-market challenges - ASHLEY FAHEY, The National ObserverU.S. homeowners with a mortgage pulled in $28,000 in equity gains on average year over year in the first quarter, the highest amount since late 2022, according to CoreLogic Inc. That average year-over-year increase of 9.6% translates to a collective gain of $1.5 trillion and means net homeowner equity totaled more than $17 trillion at the end of Q1. What is a 'Zombie Mortgage'? - MATT YAN, New York Times (Subscription)For most buyers, mortgages are the cornerstone of purchasing a home. Sometimes a second mortgage is necessary, too, to cover the down payment, for instance. But what happens if that second mortgage seems to have been forgiven but actually still exists? Introducing: the "zombie mortgage." Coastal counties at greatest risk in housing market downturn - HOLDEN WALTER-WARNER, The Real Deal (Subscription)The vulnerability of county-level housing markets varies across the country, but it's areas on both coasts that may be at the greatest risk if a downturn occurs. Impossibly high home prices are 'feudalizing' California as unaffordable housing markets pose existential threat to middle class, study says - JASON MA, FortuneThere are unaffordable housing markets, and then there are "impossibly unaffordable" markets, four of which are in California, a recent study said. The housing crisis represents an obstacle to upward mobility, and the Golden State risks suffering from especially acute stratification, according to the annual Demographia International Housing Affordability report, which was produced by Chapman University in California and the Frontier Centre for Public Policy in Canada. Opponents of new Sacramento housing high-rise project along the American River Parkway file lawsuit - CAROLINA ESTRADA, KCRA 3 SacramentoSacramento Planning and Design Commissioners voted to move forward with a housing project that would bring hundreds of apartment units along the American River Parkway in the city's River District. However, a recent lawsuit seeks to stop it from being built due to environmental concerns. Most home listings in San Francisco have been on the market for over a month - CHRISTIAN LEONARD, San Francisco Chronicle (Subscription)It often feels as if homes in the Bay Area get snapped up almost immediately after they go on the market. But the reality is a bit different. In May, 55% of homes for sale in the San Francisco-San Mateo county region were listed for a month or more without finding a buyer, according to a new report from real estate brokerage Redfin. Artificial intelligence is the all-in-1 tool real estate desperately needs - BRAD INMAN, Inman (Subscription)Every week, a real estate company announces a new artificial intelligence product - reminding me of the days when every business put out a press release to say it launched a website. These AI plugins promise to help agents do their jobs faster and better. But something bigger is coming. Caltrans begins selling homes seized for never-built freeway project - TRD STAFF, The Real Deal (Subscription)In an attempt to clear space for a planned expansion of the 710 Freeway, Caltrans seized 400 homes by eminent domain along a five-mile stretch in the 1960s, displacing hundreds of families. That project never got off the ground and was formally canceled in 2018. Condemned Silicon Valley home sparks bidding war in red-hot real estate market - AIDIN VAZIRI, San Francisco Chronicle (Subscription)A seven-bedroom house in Silicon Valley listed less than a month ago for just under $700,000 is in escrow after receiving multiple offers. While it may appear a potential buyer has scored the deal of the century in an area where the median home price is about $1.5 million, the property is condemned. |
California Department of Real Estate Website UpdatesDisciplinary Actions for the Month of February 2020The February 2020 Disciplinary Actions report is now available. (03/16/2020) Consumer Alert-Consumer Alert- Buyer, Seller, Real Estate Agents and Escrow-holders BEWARE: Criminals are targeting your Wire and Electronic Funds Transfers!Buyer Seller Agent and Escrow-holder BEWARE-Wire Fraud (03-2020) Disciplinary Actions for the Month of January 2020The Januaary 2020 Disciplinary Actions report is now available. (02/14/2020) Winter 2019 Real Estate BulletinThe Winter 2019 Real Estate Bulletin is now available. (02/06/2020) Disciplinary Actions for the Month of December 2019The December 2019 Disciplinary Actions report is now available. (01/14/2020) DRE Notice of Real Estate Forum February 7, 2020 AnaheimNotification that the Acting Commissioner of the Department of Real Estate is conducting a Forum on February 7 in Anaheim (01/07/2020) Disciplinary Actions for the Month of November 2019The November 2019 Disciplinary Actions report is now available. (12/16/2019) Disciplinary Actions for the Month of October 2019The October 2019 Disciplinary Actions report is now available. (11/14/2019) Fall 2019 Real Estate BulletinThe Fall 2019 Real Estate Bulletin is now available. (10/29/2019) Disciplinary Actions for the Month of September 2019The September 2019 Disciplinary Actions report is now available. (10/14/2019) Disciplinary Actions for the Month of August 2019The August 2019 Disciplinary Actions report is now available. (09/16/2019) Licensee Advisory - Implementation of Section 106, Eliminating Barriers to Jobs for Loan Originators, of S.2155Advisory - Implementation of Section 106, Eliminating Barriers to Jobs for Loan Originators, of S.2155 (9/3/2019) Disciplinary Actions for the Month of July 2019The July 2019 Disciplinary Actions report is now available. (08/14/2019) Disciplinary Actions for the Month of June 2019The June 2019 Disciplinary Actions report is now available. (07/15/2019) Summer 2019 Real Estate BulletinThe Summer 2019 Real Estate Bulletin is now available. (07/05/2019) Disciplinary Actions for the Month of May 2019The May 2019 Disciplinary Actions report is now available. (06/14/2019) Disciplinary Actions for the Month of April 2019The April 2019 Disciplinary Actions report is now available. (05/15/2019) DRE Notice of Real Estate Forum May 3,2019 SacramentoNotification that the Acting Commissioner of the Department of Real Estate is conducting a Forum on May 3 (04/18/2019) Disciplinary Actions for the Month of March 2019The March 2019 Disciplinary Actions report is now available. (04/15/2019) Spring 2019 Real Estate BulletinThe Spring 2019 Real Estate Bulletin is now available. (04/04/2019) Disciplinary Actions for the Month of February 2019The February 2019 Disciplinary Actions report is now available. (03/14/2019) Disciplinary Actions for the Month of January 2019The January 2019 Disciplinary Actions report is now available. (02/15/2019) Winter 2018 Real Estate BulletinThe Winter 2018 Real Estate Bulletin is now available. (01/24/2019) Disciplinary Actions for the Month of December 2018The December 2018 Disciplinary Actions report is now available. (01/14/2019) Disciplinary Actions for the Month of November 2018The November 2018 Disciplinary Actions report is now available. (12/14/2018) Disciplinary Actions for the Month of October 2018The October 2018 Disciplinary Actions report is now available. (11/14/2018) Fall 2018 Real Estate BulletinThe Fall 2018 Real Estate Bulletin is now available. (10/15/2018) Disciplinary Actions for the Month of September 2018The September 2018 Disciplinary Actions report is now available. (10/15/2018) Consumer Alert-Consumer Alert- Buyer, Seller, Real Estate Agents and Escrow-holders BEWARE: Criminals are targeting your Wire and Electronic Funds Transfers!Buyer Seller Agent and Escrow-holder BEWARE-Wire Fraud (10-2018) DRE Notice of Real Estate Forum October 12,2018 Long BeachNotification that the Acting Commissioner of the Department of Real Estate is conducting a Forum on October 12 (09/24/2018) Disciplinary Actions for the Month of August 2018The August 2018 Disciplinary Actions report is now available. (9/14/2018) Disciplinary Actions for the Month of July 2018The July 2018 Disciplinary Actions report is now available. (8/14/2018) DRE Warns Against Rental Price Gouging of Wildfire Victims (8/7/2018)DRE Warns Against Rental Price Gouging of Wildfire Victims Disciplinary Actions for the Month of June 2018The June 2018 Disciplinary Actions report is now available. (7/16/2018) California Bureau of Real Estate Becomes the California Department of Real Estate July 1California Bureau of Real Estate Becomes the California Department of Real Estate July 1 (7/2/2018) Disciplinary Actions for the Month of May 2018The May 2018 Disciplinary Actions report is now available. (6/14/2018) Disciplinary Actions for the Month of April 2018The April 2018 Disciplinary Actions report is now available. (5/14/2018) Some Ideas to Help Close the Knowledge and Skill "Competency Gap"Re-Examining (via Social Media) Some Ideas to Help Close the Knowledge and Skill "Competency Gap" Among California Real Estate Licensees is now available(4/23/2018) The Real Estate Brokerage as FiduciaryThe Real Estate Brokerage as Fiduciary: A Summary Review of What it Means and Why it Matters is now available(4/23/2018) Spring 2018 Real Estate BulletinThe Spring 2018 Real Estate Bulletin is now available. (4/17/2018) Disciplinary Actions for the Month of March 2018The March 2018 Disciplinary Actions report is now available. (4/16/2018) CalBRE Notice of Real Estate Forum May 4,2018 SacramentoNotification that the Commissioner of the Bureau of Real Estate is conducting a Forum on May 4 (04/13/2018) Disciplinary Actions for the Month of February 2018The February 2018 Disciplinary Actions report is now available. (3/14/2018) Disciplinary Actions for the Month of January 2018The January 2018 Disciplinary Actions report is now available. (2/14/2018) Winter 2017 Real Estate BulletinThe Winter 2017 Real Estate Bulletin is now available. (2/6/2018) Disciplinary Actions for the Month of December 2017The December 2017 Disciplinary Actions report is now available. (1/16/2018) Licensee Advisory- Updated Guidelines for Unlicensed AssistantsUpdated Guidelines fur Unlicensed Assistants (1/8/2018) CalBRE Notice of Real Estate Forum January 18,2018 MontereyNotification that the Commissioner of the Bureau of Real Estate is conducting a Forum on January 18 (01/3/2018) Disciplinary Actions for the Month of November 2017The November 2017 Disciplinary Actions report is now available. (12/14/2017) Advisory- Implementation of Petition Process for Removal of Discipline DelayedImplementation of Petition Process for Removal of Discipline Delayed (11/28/2017) Disciplinary Actions for the Month of October 2017The Octobber 2017 Disciplinary Actions report is now available. (11/14/2017) Disciplinary Actions for the Month of September 2017The September 2017 Disciplinary Actions report is now available. (10/16/2017) Fall 2017 Real Estate BulletinThe Fall 2017 Real Estate Bulletin is now available. (9/27/2017) Licensee Advisory- Assembly Bill 2330, effective January 1, 2018, pertaining to Broker Associates.Assembly Bill 2330, effective January 1, 2018, pertaining to Broker Associates. (09/20/2017) CalBRE Notice of Real Estate Forum October 13,2017 SacramentoNotification that the Commissioner of the Bureau of Real Estate is conducting a Forum on October 13 (09/19/2017) Disciplinary Actions for the Month of August 2017The August 2017 Disciplinary Actions report is now available. (09/14/2017) Disciplinary Actions for the Month of July 2017The July 2017 Disciplinary Actions report is now available. (08/14/2017) Disciplinary Actions for the Month of June 2017The June 2017 Disciplinary Actions report is now available. (07/17/2017) Consumer Alert- Warning regarding timeshare exit/release companiesQuestionable Timeshare 'Exit' Companies Profit Off Desperation (07/10/2017) Consumer Alert - Don't get burned by rental listing scammersThe real estate market in California is hot and some people searching for apartments and home rentals are getting burned by purchasing useless rental listings. (07/5/2017) Summer 2017 Real Estate BulletinThe Summer 2017 Real Estate Bulletin is now available. (6/23/2017) Disciplinary Actions for the Month of May 2017The May 2017 Disciplinary Actions report is now available. (06/14/2017) CalBRE Notice of Real Estate Forum May 5,2017 SacramentoNotification that the Commissioner of the Bureau of Real Estate is conducting a Forum on May 5 (04/20/2017) Disciplinary Actions for the Month of March 2017The March 2017 Disciplinary Actions report is now available. (04/14/2017) Spring 2017 Real Estate BulletinThe Spring 2017 Real Estate Bulletin is now available. (3/14/2017) Disciplinary Actions for the Month of February 2017The February 2017 Disciplinary Actions report is now available. (03/14/2017) Consumer Alert - Research Potential Escrow AgentsConsumer Alert to Real Property Owners, Potential Buyers, and those Contemplating a Home Loan Refinance in California (03/10/2017) Licensee Alert - Supplemental Disciplinary Advisory to Real Estate Salespersons Who Mislead Consumers into Falsely Believing that They are BrokersSupplemental Disciplinary Advisory to Real Estate Salespersons Who Mislead Consumers into Falsely Believing that They are Brokers (03/10/2017) Licensee Advisory - to Real Estate Brokers Conducting Controlled EscrowsSpecial Advisory to Real Estate Brokers Conducting 'Controlled' Escrows (03/08/2017) Bureau of Real Estate January 2017 Indian Wells Forum PresentationBureau of Real Estate January 2017 Indian Wells Forum Presentation is now available. (03/08/2017) |
Legislative Analyst's Office: Recent Human Services PublicationsThe 2025-26 Budget: The California State Payroll System IT ProjectThis post provides issues for legislative consideration, as well as questions for the Legislature to ask, ahead of an expected May Revision budget proposal to… The 2025-26 Budget: In-Home Supportive ServicesThis post provides an overview of the Governor’s proposed 2025-26 budget for In-Home Supportive Services, provides updates on some of the most recent prior-year policy… The 2025-26 Budget: CWS-CARESThis post provides our analysis of the administration’s 2025-26 proposal for the Child Welfare Services-California Automated Response and Engagement System information technology project. In the… The 2025-26 Budget: Overview of the Federal CalWORKs PilotIn this post, we provide background on the California Work Opportunity and Responsibility to Kids program, information on the federal Temporary Assistance for Needy Families… The 2025-26 Budget: CalWORKsIn this post, we provide some basic background on the California Work Opportunity and Responsibility to Kids (CalWORKs) program followed by an overview and assessment… The 2025-26 Budget: Food Assistance ProgramsIn this post, we provide background on the state’s major food assistance programs, CalFresh and the California Food Assistance Program; provide updates on caseload trends… |
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