by arnielevine | Aug 31, 2021 | Current Affairs, Finance, San Diego Real Estate
Nearly two-thirds of home offers written by Redfin agents faced competition in July, down from a revised rate of 66.5% in June and a pandemic peak of 74.1% in April. While July’s bidding-war rate was the lowest since January, it was still higher than the 57.9%...
by arnielevine | Aug 31, 2021 | Current Affairs, Finance, Home buying, San Diego Real Estate
1. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 million households lost their home to a foreclosure, short sale, or because they simply gave it back to the bank. As stay-at-home orders were issued early last year,...
by arnielevine | Aug 31, 2021 | Current Affairs, Finance, San Diego Real Estate, Senior housing information
Keep your original Prop 13 tax base when moving to a home of equal or lesser valueanywhere in California Transfer your original taxbase to a new home up to three times If you’re a senior, retiree or older homeowner who feels trapped in a homethat no longer fits...
by arnielevine | Aug 18, 2021 | Current Affairs, Finance, San Diego Investment Properties, San Diego Real Estate
“A bubble is something that’s going to pop. I look at it as a phase. The market is cyclical, and there may be some slight correction, but it won’t be nearly as bad as what we saw in 2008″”What’s different today from what we saw in...
by arnielevine | May 26, 2021 | Current Affairs, Finance, Latest News, Uncategorized
The state’s unemployment insurance agency got encouraging news – and potentially lots of money – from Gov. Gavin Newsom’s revised budget proposal. Gavin Newsom wants to give millions to state’s struggling unemployment agency. Will it help? Newsom...
by arnielevine | Feb 23, 2021 | Current Affairs, Finance, San Diego Real Estate
California Home Price Growth Sets Record in January: Home prices continued to power through the traditional slow season in January with the largest annual price gain in nearly seven years. The statewide median hit $699,890 in January 2021, down from December’s...