Author Archives for Lori Fernandez

What Were The Actual Numbers?

June 6, 2019 10:51 am Published by Comments Off on What Were The Actual Numbers?

The total number of sales for the month of April (the last complete month available) was 2,967. This number is off 8% from April of 2018. The median price rose 2.8%, but only because of new homes, which rose 9.3%...
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Two Recent Headlines Should Be Of Interest To All Millennials…

April 26, 2019 1:37 pm Published by Comments Off on Two Recent Headlines Should Be Of Interest To All Millennials…

Sunday March 17th, Jonathan Lansner wrote, “Rents Still Rising in Los Angeles, Orange Counties”,  according to the Consumer Price Index, try 5.9%.  This is way above inflation, and renters…you’re paying more for rent than owners are getting in appreciation.  That...
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Millennials May Be Tempted To Rent, But According To Millionaire, David Bach- Dont…

March 21, 2019 11:19 am Published by Comments Off on Millennials May Be Tempted To Rent, But According To Millionaire, David Bach- Dont…

Millionaire David Bach has a message for Millennials, don’t wait to buy. It is nearly impossible to build retirement and personal wealth without home ownership. For example, if one rents a 2 bedroom apartment for the approximate average rate of...
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If You’re Over 55, Take Advantage Of Prop 60/90

February 12, 2019 9:23 am Published by Comments Off on If You’re Over 55, Take Advantage Of Prop 60/90

Did you know that you are allowed to transfer your tax basis one time only to a retirement home of lesser value, (if you close escrow on your primary home first, you may go within 5% over the sales price)?...
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Real Estate Trends For 2019 And What Does It Mean For You?

January 10, 2019 2:36 pm Published by Comments Off on Real Estate Trends For 2019 And What Does It Mean For You?

1) The county wide sales for November of 2,890 was down 7%.  Expect this trend to continue.   2) New Homes sold 408, down 2.4%, indicating housing starts could stall.   3) Existing single-family resale was 1,695 for November 2018,...
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What To Expect This Coming Year In Real Estate…

January 10, 2019 2:29 pm Published by Comments Off on What To Expect This Coming Year In Real Estate…

This is not the newsletter that will tell you to expect another year of the same old, same old.  In fact, changes are a-brewing.  We already saw last year start to taper off in sales, some of the slow down...
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