Archive for July 2022

Good Information on the Current Real Estate Market The California Median sales price for a home is $813,980.00 The National Assoc. of Home Builders reported a 9.5% decrease in overall housing starts in April due to Rising building materials. Still, housing starts are projected to reach 1.6 million for all of 2021 and 1.7 million…

The SCOOP on Prop 19 and Home Owner Tax Savings As of April 1st 2021, home owners 55 years of age and older, severely disabled or whose home was destroyed by wildfire or natural disaster may transfer their taxable value of their primary residence to a replacement primary residence…. Anywhere in the state of California… regardless…

How Long Will this Last? Recently, I’ve been hearing people say that they think this current real estate market is about to end. But I say… I don’t think so… and this is why. Even though we have a new administration, with a different agenda, the economy is still pretty strong AND once we open…

How to get your offer accepted: These are very competitive times. So, in order to get your offer accepted (when there are 15 other offers on the same property) you need to get creative AND you have to have an Advantage (pun intended J ) Just a few short years ago you could make an offer on…

Outside temps just as hot as the real estate market. WOW!!! As of the writing of this newsletter (6-28-2021) we have had a year over year home price increase of over 23%. I’m not sure home prices will continue to rise at this pace but the demand is still high AND the interest rates are still low. So, as the economy…