The high housing cost is driving californians to leave their current county or even the state according to cars 2018 state of the housing market study of housing insight forecast trends shift report 28 percent of homebuyers moved out of the county in which they previously resided up from 21 percent in 2017. The office of housing plays a vital role for the nations homebuyers homeowners renters and communities through its nationally administered programs it includes the federal housing administration fha the largest mortgage insurer in the world. Authorizes 4 billion of state general obligation bonds to fund existing housing programs includes 15 billion for multifamily housing program for low income residents 1 billion for loans to help veterans purchase farms and homes 450 million for infill and transit oriented housing projects 300 million for farmworker housing program and 300 million for manufactured and mobile homes. Tags real estate housing market home prices new home sales existing home sales pending home sales housing renting devon thorsby is the real estate editor at us news world report where she writes consumer focused articles about the homebuying and selling process home improvement tenant rights and the state of the housing market. Housing segment is impacted by changes in the age distribution of the population in addition to housing demand housing supply issues are also examined including their impact on market equilibrium the housing supply issues analyzed in this report are building permit data housing prices and changes in housing inventory
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