Steve Spiro’s Blog

Assembly Bill 1033 in 2024 permits the separate sale of Accessory Dwelling Units (ADUs) from main residences. Sale of ADUs separately necessitates creating Covenants, Conditions & Restrictions (CC&Rs) for these condominiums.

Avg Californian first-time buyer age: 49 years old Financial limits drive California's homeownership gap with the nation.

Valentine’s Day occurs every February 14 around the world, and candy, flowers and gifts are exchanged between loved ones, all in the name of St. Valentine Valentine greetings were popular as far back as the Middle Ages, though written Valentine’s didn’t begin to appear until after 1400. By the middle of the 18th, it was…

Assess your finances before buying a home, save money, and consider different mortgage types. Make sure your credit score, debt, and income are in good shape. Be prepared for the costs of buying and owning a home. Research different mortgage lenders and apply for pre-approvals to find the best rate. Consider high-yield savings accounts as…

2024 Expectations: – ↑ Inventory -Moderate price appreciation -Improved housing conditions with slight relief Realtor.com predicts diverging trends: -SF area: ↓ 0.8% in sales and ↓ 5.2% in prices -San Jose: ↓ 18.5% in sales but ↑ 3.1% in prices

The housing market saw a decline in sales last year due to high interest rates and low supply. However, with expected interest rate cuts, mortgage rates may ease, leading to increased home sales. On the downside, this could also drive up home prices, exacerbating the existing affordability issue. Additionally, there is a significant shortage of…

The housing market will continue to be influenced by trends accelerated by the COVID-19 pandemic, as well as other factors such as an aging population, climate change costs, and the expansion of artificial intelligence. Sales will remain low as the housing market slowly thaws, and true home price discovery will be delayed. Population changes are…

Problem: – California farmworkers face a housing shortage, especially during off-seasons. Solution: – The state provides 24 seasonal migrant housing centers, offering affordable housing from April to November.

恭喜發財. Wishing you prosperity. Lunar New Year, is the most important celebration observed in China, with cultural and historic significance.The New Year celebration is centered around removing the bad and the old, and welcoming the new and the good. Traditional activities include reunion dinner, cleaning houses, visiting family members, setting off firecrackers and fireworks, and…

-Clearlake: Scenic, outdoor activities like boating, fishing -Bakersfield: Vibrant city, country music scene, diverse industries -Fresno: Diverse housing, agriculture, educational opportunities -Eureka: Fishing industry, educational options