Three bills and a ballot measure now sit between Bay Area buyers and sellers and their next move.<\/p>\n
On April 29 I was at the State Capitol with 2,500 fellow REALTORS for C.A.R. Legislative Day 2026<\/b>. The agenda this year is unusually consequential for the Bay Area, and I wanted the consumer-friendly translation in your hands before the floor votes start showing up in headlines.<\/p>\n
The short version: AB 1406 (Ward)<\/b> would double the deposit forfeiture cap on new condos from 3% to 6%, which on a typical purchase is about $40,200<\/b> of your money at risk instead of half that. SB 1238 (Wahab)<\/b>, sponsored by C.A.R., addresses more than 700 California condo developments that are effectively cash-only today because conventional financing will not touch them. And the November 2026 ballot carries the California Middle-Class Home Ownership and Family Home Construction Act.<\/p>\n The full long-read from Sacramento<\/p>\n The 60-second version, the deeper dive on the $25 billion ballot measure, and what each bill would change for you.<\/p>\n