by arnielevine | Sep 8, 2021 | Covid, Current Affairs, Finance
Last week, the state of California began sendingout $600 state stimulus checks to taxpayers earning up to $75,000, part of the Golden State Stimulus plan intended to help residents get back on their feet during the slow economic recovery. A first round of $600...
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...