This Week’s Topic: NIMBY vs. YIMBY
La Cañada Flintridge has been known for its resistance to new housing developments, but now it is facing a lawsuit for violating state housing laws. The lawsuit alleges that the city has failed to provide enough affordable housing and has made it difficult for developers to build new homes. The city council has responded by saying that they are working on a plan to increase affordable housing in the area.
Last Week’s Topic: Playing Chicken
The spring housing market is skittish. It’s a game of buyers and sellers vying for negotiation supremacy amid high interest rates, low inventory and high prices. It’s a frustrating time for both sides. Spring was supposed to give some sense of direction, but it has not. Darren and Joe compare agent stories on what’s happening.
More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate
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