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LONG BEACH, Calif. (KABC) — Could you live in a 350-square-foot apartment? As home prices surge in Southern California, some cities are making a push for micro-housing.
Long Beach is working on a pilot program that would build close to 500 micro-units for low-income residents.
The program would last around three years. After that, city council members would evaluate the success of the program before moving ahead with permanent housing.
A new report finds the median home price from Ventura to San Diego counties hit a record-high $550,000.
Experts say low mortgage rates and shrinking supply helped drive home purchasing up 22% in a year. Mortgage rates have shown stability in recent months, buoyed by positive economic data, a strong job market and improved sentiment in the housing market.
The median price is highest in Orange County at nearly $733,000, while homebuyers are paying about $628,000 in Los Angeles County. Riverside County had one of the biggest increases at just over $400,000.




Get the country-chic look you love for less with our handmade decorating ideas for the kitchen, front porch, bedroom and more.Keep in mind: Price and stock could change after publish date, and we may make money from these links.October 24, 2019
By: Chelsea Faulkner and Morgan Faulkner
Design 101DIYFarmhouseHome TypesCountry StyleDecorating ThemesRusticmoreVIEW THE GALLERY


Photo By: Cassidy Garcia


Photo By: Marian Parsons

Photo By: Marian Parsons, Mustard Seed Interiors1 / 99
Old wooden trunks are stowed away in many attics and often end up in yard sales or thrift stores at a great price. Give one an update by simply adding casters to make it a functional (and mobile) coffee tabl