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Showing posts from July, 2017

LEGISLATION & REAL ESTATE - THE GOOD, THE BAD AND THE UGLY - STAY INVOLVED - MAKE A DIFFERENCE

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Last week, C.A.R. filed three versions of a tax portability initiative with the Attorney General for title and summary.  This is the first step in eventually qualifying a statewide ballot proposition.  The three filings each would allow more Californians to move and keep their original Proposition 13 tax basis, similar to Propositions 60 and 90 but with fewer restrictions.
The first version would allow a property tax basis to be transferred to a replacement home regardless of the age of the homeowner, the location of the home in the state, the price of the home, and the number of prior transfers.  The second version would be identical to the first version except that transfers to another county would be at the receiving county’s option.  The third version is also identical to the first version except that it would be limited to homeowners who are aged 55 years and older.  In each version, the homeowner can buy a more expensive home, as opposed to Propositions 60 and 90 which requires…

The 37 Most Profitable Markets for Home Sellers

Paige DiFiore Credit.comJuly 28, 2017
It's no surprise that certain areas are more profitable for home sellers than others, but it certainly is surprising which places those are. ATTOM Data Solutions, a property data company, just released its Q2 2017 U.S. Home Sales Report. They examined 118 metropolitan statistical areas with at least 1,000 home sales in the second quarter of 2017.
According to ATTOM Data Solutions, homeowners who sold in the second quarter gained an average price of $51,000 since purchase — the highest average price gain for home sellers since the recession. The last time gains were this high was in the second quarter of 2007 when sellers made an average profit of $57,000. 
Profitable Places
Though the number's not as high as it was 10 years ago, profits are looking up from the past few years. It looks like the second quarter of 2017 was a wise time to sell, but which markets had the highest sales?
While it's important to choose the right location for real es…

Azusa Has Great Value. Go Here For A List Of Homes Under $500k

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Get started right now by checking out 91702 homes for sale or reviewing 91702 real estate trends.
DEMOGRAPHIC FACTS ABOUT THE 91702 ZIP CODE:This area has a median house value of $240,200.The area gets an average of 44 rainy days each year. (U.S. average: 100) The unemployment rate is 12.5%.For every teacher there are 20.9 students in this area. (15.3 = national average)Go Here For To View Azusa Homes Under $500k

RECONSIDER THESE CHOICES WHEN YOU’RE DESIGNING YOUR KITCHEN

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The kitchen is one area of the home that sees the most wear and tear. All the water, heat, and food spills add up quickly so it’s important to focus on quality and lasting appeal when you’re choosing materials for a kitchen remodel. Here are a few things you should avoid: Cheap Laminate Countertops: The bottom rung of laminate is extremely susceptible to wear and tear. It can melt if you forget to place a hot pad under a pan that’s fresh out of the oven and the edges can chip off from repeated exposure to moisture and heat. Flat Paint: A flat or matte finish is great in rooms with lower traffic, but it’s a bad idea in the kitchen where the walls are regularly exposed to splatters and spills. You need paint that can withstand an occasional heavy scrubbing, so opt for gloss or semi-gloss finishes. Trendy Backsplash: If you watch any home remodeling show, you’ll certainly see kitchens with expensive, elaborate backsplash designs and materials. Those trends can be pricey to pursue and can l…