California’s housing market showed mixed signals in early July as daily sales and listings shifted while real estate professionals reported more cautious outlooks for prices. Daily sales and listing activity reflected a dynamic but uneven market for the week ending July 12, 2025. According to the California Association of REALTORS®, there were an average of…

Homelessness in Los Angeles County has declined for the second consecutive year, according to the latest data released by the Los Angeles Homeless Services Authority (LAHSA). The 2025 Homeless Count shows a 4% overall reduction, with unsheltered homelessness falling by an even more significant 9.5%. County officials attribute this progress to targeted investments, coordinated outreach,…

Mortgage applications rose 9.4% on a week-over-week basis for the week ending July 4, 2025, as interest rates continued to ease across June. According to the Mortgage Bankers Association, the trend reflects increasing momentum in the housing market despite mixed signals from purchase activity. The Refinance Index climbed 9% from the previous week, marking a…

U.S. construction spending declined for the seventh consecutive month in May, as high interest rates and economic uncertainty continued to pressure the housing market. The Commerce Department reported that total construction outlays fell 0.3% from April, bringing spending to an annualized pace of $901.1 billion—the lowest level in 19 months. Residential construction spending dipped 0.5%…

High summer temperatures across the San Gabriel Valley increase the risk of heat exhaustion and heat stroke. Residents in El Monte, Baldwin Park, Rosemead, and nearby communities can take simple steps to protect their health. Knowing heat safety tips and recognizing early signs of heat-related illness can save lives during extreme heat waves. Local health…

Despite overall caution in the housing market, more Americans believe it is a good time to buy a home, with 28% of respondents in Fannie Mae’s June survey saying market conditions favor buyers. According to Fannie Mae’s latest Home Purchase Sentiment Index (HPSI), the share of consumers reporting it is a good time to buy…

With temperatures climbing across the San Gabriel Valley, many households are struggling to manage high cooling costs. Energy assistance programs can help families in El Monte, Baldwin Park, Rosemead, and surrounding communities stay safe and comfortable during peak summer heat. Local Energy Assistance Resources The California Low Income Home Energy Assistance Program, or LIHEAP, provides…

U.S. job growth remained strong in June, with nonfarm payrolls increasing by 147,000, surpassing expectations and underscoring a labor market that continues to defy forecasts of a sharper slowdown. Health Care and Government Lead Gains According to the Bureau of Labor Statistics, the June payroll increase exceeded the consensus forecast of 110,000 new jobs. Revisions…

Los Angeles County, under the leadership of Chair Pro Tem Hilda L. Solis, has joined a federal class action lawsuit against immigration enforcement, challenging warrantless raids that have sparked fear and disrupted communities across the region. The County of Los Angeles has formally entered a sweeping federal class action lawsuit against immigration enforcement agencies, alleging…

California’s housing market displayed notable activity in early July, reflecting a mix of steady demand and tempered optimism among real estate professionals. According to the California Association of REALTORS®, the week ending July 5, 2025, saw an average of 520 closed sales per day across the state. Pending sales averaged 506 per day, while new…