Author: admin
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Southern California Housing Market Heats Up in April 2024
The Southern California housing market is showing signs of improvement after a long period of decline. Median home prices have increased, with all counties experiencing gains. Home sales volume has also risen across the region, indicating a resurgence in buyer confidence. This positive trend is expected to continue in the coming months. Continue to full…
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Top Retirement Destinations in the Golden State
5. Palm Springs Median household income: ~$61.5K Median rent price: ~$3.1K Avg property tax: 1.04%4. Oxnard Median household income: ~$83K Median rent price: ~$3K Avg property tax: 0.78%
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6 Frugal Tips for First-Time Homebuyers
Ensure utilities are on freeze post-purchase to manage energy use during moving. Replace old light bulbs and appliances with energy-efficient ones for long-term savings.
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Southern California Housing Market: Crash or Correction?
The Southern California housing market remains strong with steady price appreciation due to low inventory, high demand, and favorable economic conditions. Median sold prices have increased, sales have fluctuated, and different counties show varying trends. Overall, it leans towards sellers, with opportunities for growth and stability despite rising interest rates. Continue to full article
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Is 2024 a Good Time to Buy a 3-Bed House in California?
In California, a 3-bedroom house averages $600K, but prices vary, with cities like SF and LA surpassing $1M. In 2024, California's housing market remains competitive; low mortgage rates and high demand favor some buyers.
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Check out my listing Listing Address: 585 Pine Dr Bvr Lookout, CA 96054
Larger in area! Price reduction! Introducing a unique property nestled in the serene landscapes of Lookout, CA. Spread across nearly 2acres of fenced land, this property is a haven for those who cherish nature and tranquility. Two spacious sheds offer ample storage and workspace with subpanels for power from the main 200A service panel, Did…
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Buying your first home? See if you qualify for a 0% interest down payment loan
California is offering an interest-free loan to low-income first-time homebuyers to assist with down payments. The Forgivable Equity Builder Loan program provides up to 10% of the home's purchase price, forgiven if the buyer stays in the home for five years. The initiative aims to make homeownership more accessible in a challenging housing market. Continue…
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5 Interesting Facts to Consider When Deciding to Buy in California
Timing is crucial in California's volatile Real Estate market, impacted by factors like interest rates and economic conditions.Interest rates significantly influence home affordability, requiring monitoring for optimal decision-making.
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Southern California home prices, sales revive amid renewed bidding wars
Southern California's spring home buying season is active, with rising prices and bidding wars. However, high mortgage rates and low listings are limiting sales. Median home prices have increased, with Orange County reaching a record high. Sales have risen, but remain below average due to affordability issues and limited inventory. Continue to full article
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How Are Orange County’s Cities Doing At Building Affordable Housing?
Orange County residents are reviewing their cities' housing development progress reports. Some cities like Irvine and Santa Ana have issued permits for over 2,200 housing units each, while others like HB and Fullerton have built very few homes. Overall, nearly 9,000 new housing units were approved, with a focus on above-moderate housing. Some cities are…