Posts Tagged ‘housing’
Is Now A Good Time to Buy a Home?
I get asked this question probably more than any other, and right now there are a lot of people asking. Many are not sure what’s going on in the industry, but they see prices are not escalating like they did for the last few years. Many wonder if it is becoming a buyer’s market and…
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Annual Gains in U.S. Home Prices Lowest Since 2015
CoreLogic Case-Shiller, the leading source for home prices in the country, just released a report showing that home price gains in the U.S. are the lowest since 2015, after several years of high gains especially in places like southern California. The highest year over year gains in the 20 cities highlighted show that Las Vegas…
Read MoreReal Estate Market Report: August 2018
For those of you who follow the real estate market, it has definitely been a bizarre year, and an even crazier summer season, at least here in San Diego County, CA. 2018 started out with a continuing decline in housing inventory, and many buyers got caught up in trying to find a home they could…
Read MorePossible End to Housing Shortage in CA?
There is a new voter measure that could put an end to the housing shortage in California if placed on the November voting ballot and passed. The proposition would allow homeowners 55 and older to reap tax benefits upon selling their homes by eliminating the “disincentive” to sell, and making it possible to move to…
Read MoreThe HOA Dilemma for Home Buyers: What You Need To Know
Many home buyers considering attached home purchases – condos, townhomes or twin homes – often discover that HOA payments could alter monthly payments quite a bit more than anticipated, and may mean the difference between whether a purchase makes sense and if a loan will be approved. HOA communities can often come with high monthly…
Read MoreFinal Tax Bill Passes: Effects on Home Ownership
The new tax bill finally passed both house and senate. Here are the ways it will effect homeowners and those planning to purchase homes in the near future: 1. Property tax deductions: If you live in a state with high property taxes, like California, you may be in for a higher tax bill. The deductions…
Read MoreWhy NOW is the Time to Sell Your Home
Many people have been on the fence about selling this past year, due to the fact that inventory is low and they are concerned they may not find replacement housing right away – I personally have been assisting multiple sellers with such concerns. That of course keeps the inventory stagnant and prices high – a…
Read MoreHow the New Tax Reform Could Effect Real Estate
If you own a home or are thinking about purchasing one, you need to be aware of how the new proposed tax reforms could effect you and the effect they may have on the real estate market. Here are some of the proposed changes: Tax Increases/Doubling of the Standard Deduction. Taxes could increase for hundreds…
Read MoreMortgage Payments Too High? Here is What You Need to Do
Believe it or not, there are MANY homeowners who are underwater, still, years after the mortgage meltdown. According to Core Logic, 6.1% – 3.1 millions homes – of all mortgaged CA homes have negative equity, as of the first quarter of 2017. Short sales are also increasing recently as many variable mortgages that were obtained…
Read MoreCrazy Things Are Happening in Local Real Estate Markets
The real estate market is going CRAZY…well, at least in my local area. After over a year of increased prices and low inventory, multiple offers and crazy shenanigans so that people can get into homes, there are some strange things going on all of a sudden – since the start of August. Here is what…
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