Rent prices across California have climbed to historic levels, and Humboldt County is no exception. For prospective buyers in areas like Eureka, CA, the high cost of renting a home is becoming harder to justify. Monthly rents now rival or even exceed what a mortgage payment might be for comparable properties. This shift has made owning a home more financially appealing than ever.

In communities such as Arcata and Fortuna, the rental market is extremely tight, with high demand and limited availability. Many renters find themselves renewing leases at increased rates year after year, wit... Read more

Construction: New land deals seen

By Jim Wasserman
jwasserman@sacbee.com

http://www.sacbee.com/business/story/2080102.html?storylink=pd

The real estate market isn’t cured yet, but several indicators suggest that it is beginning that long, slow and greatly anticipated climb out of intensive care.

If so – and if the patterns continue – the market here could stabilize, finally reversing the decline that has marked the capital region as one of the worst-hit metro areas in the United States. Sacramento’s ill-fated housing boom peaked four years ... Read more