Real Estate in California: A Belief System

One of every 10 free-standing single-family homes in the US is in California; one of every 100 in the world. This is a California tale from Sonoma.

1 minute read

September 30, 2000, 11:30 AM PDT

By Gwen Hilburn


This is the first in an occasional series of articles about modern California dreamers. It is a piece about California real estate, specifically placed in Sonoma, but with data about all of California. California has 95,000 realtors. But 7% of them sell 90% of the homes. Residential real estate is worth more than $2 trillion, one-sixth the value of all the housing in the world.

Thanks to Gwenn Hilburn

Saturday, September 30, 2000 in The Los Angeles Times

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