Like the answer to most questions of this nature, the answer is, well, yes and no. According to the most recent numbers for the last 30 days, which includes the end of December and the first 10 days of January,...
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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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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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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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So why buy a home if prices are so high? Let’s do the best reason first, that you may not even know about…People that own homes, by retirement, on average, have 44 times the net worth wealth, than people who...
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The real estate market is softening, is it because of too many years of rapid appreciation? Many people feel that we are headed for, or perhaps already in, a declining market, due to softening sales. What may really be transpiring...
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Could we be seeing the beginning of pricer decline across the southland?Don’t get too excited–the southland median price did rise 5.8% year over year from July 2017 to July 2018, but prices did dip from June’s median price rise the...
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Three myths to the current housing market: #1) We are headed for a bubble. Homes have risen in prices for 76 straight months. However, this next recession will be considered a “normal” recession after years of economic growth and employment. ...
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Median homeprices hit record in southland even as sales slumping could point to market slowing down. So Cal prices jumped 8.2% in May, hitting an all-time high of $530,000 overall. June, (the latest complete month available), saw it climb even...
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What would happen to California in a recession? All economists know that it’s not if there is another recession, but when. Many economists checked in with a response to this question on the, “Keeping Current Matters,” national real estate blog. ...
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Like the answer to most questions of this nature, the answer is, well, yes and no. According to the most recent numbers for the last 30 days, which includes the
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