Author: admin

  • Homes Remain Hard to Find for Buyers

    Homes Remain Hard to Find for Buyers

    A shortage of homes for sale is creating a difficult market for buyers in the US. The number of homes for sale is at a record low, and prices are ↑ due to high demand. The pandemic has caused a shift in housing preferences, with many people looking for larger homes in suburban or rural…

  • Happy Father’s Day

    Happy Father’s Day

    Approximately 2.5 billion Father's Day cards are sent each year. Neckties have become a popular traditional gift for Father's Day. "World's Greatest Dad" is a popular Father's Day phrase. Breakfast in bed is a common Father's Day treat. Wishing a fantastic Father's Day to all the dads who strive to be the best versions of…

  • How Long Beach is solving its housing shortage

    How Long Beach is solving its housing shortage

    In July 2019, Long Beach opened a new City Hall as part of its 22-acre, $520 million Civic Center campus. This new downtown centerpiece is home to the city's one-stop Development Permit Center, which has been designed to make it easier for applicants to fill out forms and meet with city representatives. In the past…

  • California lawmakers consider short-term rental tax to fund affordable housing

    California lawmakers consider short-term rental tax to fund affordable housing

    California lawmakers are considering Senate Bill 584, a bill that would impose a 15% tax on short-term rentals like Airbnb and Vrbo in order to fund affordable housing and provide help to alleviate the homeless crisis. The bill is headed to the Assembly after the Senate voted 27-11 in favor of it and, if approved,…

  • Tax on short-term rentals like Airbnb could fund California affordable housing – Fort Bragg Advocate

    Tax on short-term rentals like Airbnb could fund California affordable housing – Fort Bragg Advocate

    California lawmakers are considering Senate Bill 584 by Sen. Monique Limón, which would impose a 15% tax on short-term rentals to generate an estimated $150 million annually to build or rehabilitate low- and middle-income housing. Airbnb has rallied its hosts to oppose the bill, while Gov. Gavin Newsom is apprehensive about increasing taxes. The bill…

  • 3 things to know when financing a home with 401(k) withdrawal

    3 things to know when financing a home with 401(k) withdrawal

    The real estate market in Arizona has cooled down, with the median home price in Phoenix being $410,500. For those who want to enter the market, there is an option of borrowing against their 401(k) funds with no penalties for purchasing a primary residence. However, this type of loan must be repaid and individuals should…

  • Federal Reserve Pauses Interest Rate Hikes

    Federal Reserve Pauses Interest Rate Hikes

  • California’s Revised Market Forecast for 2023

    California’s Revised Market Forecast for 2023

    The housing affordability in California rose to its highest level in a year during Q1 2023. The revised forecast for the 2023 housing market projects 280K units sold. It also shows a statewide median price of $777K. The 2023 housing market forecast predicts ↓ single-family home sales. Housing affordability will remain a challenge due to…

  • Most Expensive States for Median Home Prices

    Most Expensive States for Median Home Prices

    Here’s a list of the most expensive states for median home prices: Hawaii: $849K California: $761K Washington: $596K Colorado: $560K Massachusetts: $559K Utah: $545K Oregon: $502K New Jersey: $442K

  • Happy Flag Day

    Happy Flag Day