How senior citizens can transfer their property tax to their new home

by countyproperties | Oct 19, 2012 | Finance, Real Estate news, Senior housing information

Propositions 60 / 90 / 110Frequently Asked QuestionsSource: California State Board of Equalizatio www.boe.ca.govWhat are Propositions 60 and 90?Propositions 60 and 90 allow senior citizens to transfer the adjusted base year value from their current home to a...

Top 10 Things You Need to Know About the 3.8% real estate tax

by countyproperties | Oct 19, 2012 | Finance, Real Estate news

Learn the most important takeaways for REALTORS® when it comes to the 3.8% tax that’s part of health care reform: When you add up all of your income from every possible source, and that total is less than $200,000 ($250,000 on a joint tax return), you...

When will the housing market be "corrected?"

by countyproperties | Oct 13, 2012 | Latest News, Real Estate news

The housing recovery in California is expected to continue through to 2013, but the market won’t be “corrected” until as far off as 2017, according to the California Housing Market Forecast released by the CALIFORNIA ASSOCIATION OF REALTORS. Making...

The latest government housing scorecard now shows highest home equity since 3Q 2008

by countyproperties | Oct 13, 2012 | Finance, Latest News, Real Estate news, San Diego Real Estate

Thelatest housing scorecard reflects an improving market, with rising home values taking homeowner equity to its highest level since the third quarter of 2008. Homeowner equity jumped $406 billion, or 5.9%, to $7,275 billion in the second quarter. The number of...

New home short sale anti-deficiency protection for refinance loans

by countyproperties | Jul 22, 2012 | Real Estate news, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales, Short Sales

Starting January 1, 2013, a new California law will protect homeowners who default on their refinance loans from personal liability for any deficiency following foreclosure. Existing anti-deficiency law protects a borrower from personal liability for the difference...

Home prices rise on small inventory

by countyproperties | Jul 22, 2012 | Current Affairs, Latest News, Real Estate news

Total existing home sales declined 5.4% to a seasonally adjusted annual rate of 4.37 million in June from 4.62 million the month before. Existing sales in June were 4.5% higher than the 4.18 million units sold a year earlier. The month of June was somewhat of a...