Thornton Realty

05/14/2026

At Long Beach Broker Preview meeting, broker tour to follow.

03/31/2026

Long Beach CA came in at number 16

A new study broke down exactly how much you need to make in order to live comfortably in San Diego.

https://fox5sandiego.com/news/local-news/san-diego/cost-living-cities-study/

03/31/2026

Hm?

$2M OVER ASKING: A Bay Area home recently sold for $2 million over the asking price. "It was a shocker to me," realtor Tal Klein said. "I knew it was a good house, I just didn't know how much people would spend to be in it."

STORY BELOW:

03/28/2026

Insurance affects affordability

Fannie Mae and Freddie Mac’s latest condo policy changes may ease insurance-driven affordability pressures, but stricter project review standards could create new financing hurdles for lenders and buyers.

03/28/2026

“Manhattan’s rental market has become more challenging than ever for home seekers."

03/24/2026

This article mixes up details of Prop 13. The property tax rate under the law is 1% of the sale price with 2% increases each year (compound interest).

In this man's case, the $130,000 initial impact fees represent about 13.6% of his construction budget. As most people know, construction projects often take longer than planned, and often have cost overruns. But permits usually expire, and require extension fees, plus add some of the fees are based on costs of construction, so his initial $130,000 could balloon to a higher figure if he didn't back out of the deal.

Because the municipal impact fees are so high, the project wasn't built. If it had been built the property tax revenue of $15,000 or more each year compounded was lost. More moderate costing impact fees would result in more projects built and a long term income stream from higher property taxes.

Marine veteran Francisco Sanchez walked away from his dream home in Wildomar, disheartened by the development fees that gobbled up his budget.

03/24/2026

Commercial to residential conversions may help alleviate housing crisis in California.

Daily Newsmagazine and City Guide to Pasadena, California featuring local news, breaking news, events, weather, sports news, schools news, shopping, restaurants and more from Pasadena Now

03/24/2026

Who else remembers their mother adding water to Minute Maid frozen concentrated orange juice?

The juices will be off shelves by April.

03/24/2026

Lakewood Mutuals, Lakewood CA 90712

Newly Constructed ADU For Rent/Lease

One Bedroom, one bath, private fenced patio, shared driveway parking.
Kitchen features quartz counters, maple cabinets, Frigidaire stainless steel stove and refrigerator.
Bath features walk-in shower.
Stacked washer/dryer in unit.
Recessed lights, vinyl windows, and luxury vinyl plank flooring throughout home.
Separate utility meters, water heater, HVAC
Shown by appointment only
Do not disturb tenants in front house

$2600 per month

Thornton Realty CalDRE 00878594
Brian P Thornton GRI
(562) 431-5551 office/landline
(562) 884-4960 cell

Information deemed correct, not guaranteed, subject to prior lease or removal from market.

11/23/2025

Client is building ADU in Lakewood near Lakewood Mall. Should be ready to rent in mid to late December or early January. It will be a one bedroom, one bath cottage when completed. It has a shared driveway to park off street. It will have inside laundry, own water meter, own electric meter, and unique street address. More information, as project nears completion. Rent TBD based on market at completion. Brian P. Thornton, Broker (CalDRE 00878594) (562) 756-9354.

05/08/2025

No pope today. The seat remains vacant.

More than 130 cardinals from all over the world are gathering today for the papal conclave, through which a new head of the Catholic Church is elected.