Another Listed and Sold by Your Home Masters for Full Price $1,075,000 Morro Bay Exquisite Location and Home
March 7, 2020
NOW SOLD! Home Sweet Home in Cypress Ridge Arroyo Grande 3,000 square feet newer home, by the lake, $791,400
June 15, 2018
SOLD for $585,000 Pride of Ownership Deluxe Arroyo Grande Gem Find
April 15, 2020
Rising construction costs squeeze housing supply
April 3, 2016
Housing demand in major cities and urban areas is high, but the price to build is expensive, driving prices continually higher. According to analysis presented by Pacific Union Insights, a lack of new construction is a major supply problem facing many desirable and economically vibrant U.S. cities, with California experiencing one of the most severe shortages.
California’s regulatory environment poses many obstacles to new construction, causing land prices, labor costs, and home prices to appreciate well above the national average. Millennials in particular are struggling to save enough money for a home since prices are rising faster than their pay. - Source: HousingWire
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