“Deflation is a fall in the general price level or a contraction of credit and available money (opposed to inflation).” Deflation is rare in the global economies of today. This is due primarily to central banks who around the world have engaged in a campaign to create a consistent inflationary environment for their own economies. This has worked […]
Tuolumne County Real Estate Market Trends
The chart above shows the Tuolumne County Association of Realtors latest stats for the real estate market in Tuolumne County. Where the average sales price has dropped 12% since the second quarter last year. Foreclosures are also way up and the luxury home market has seen a 35% decline in sold prices. It is not […]
Legislature Wants to Change CA Constitution to Make Housing a Constitutional Right
California faces a crisis of housing affordability due in large part to an under-supply of available homes, as a result of excessive government building regulations. These attempts by bureaucrats to centrally plan the economy and reshape the very fabric of our traditional communities has resulted in unbalanced real estate market, where housing demand far exceeds […]
State Farm and AllState Halting Homeowners Insurance Sales in California
Last week Californians took another economic hit just before the fire season, as both State Farm and AllState said they will stop selling homeowners insurance in California. State Farm attributed the decision to three factors: “historic increases in construction costs outpacing inflation, rapidly growing catastrophe exposure, and a challenging reinsurance market.” Reinsurance is a method […]
California Association of Realtors Market Update
Policy makers in Washington D.C. avoided a default on its debt obligations as Congress and the Whitehouse engineered a last-minute deal to raise the debt limit. In anticipation of the agreement, mortgage rates have already been heading down for several days after having risen above 7% as worries over the debt ceiling reached fever pitch. […]
Experts Point to Benefits of Selling Now
Article by Current Matters: “If you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available right now gives you a big advantage. That’s because there are more buyers out there than there are homes for sale. And, with so few homes on […]
Bad News for Landlords In CA Red Alert. CA SB 567
Real estate investors in CA are increasingly finding themselves in a position where their property rights are vanishing yet even more as CA CB 567 is up for vote by the State of California. Particularly, small housing providers may find out soon that evicting a tenant will become a nearly mission impossible in the state. […]
Can I Claim the Mortgage Interest Deduction?
Details can be tricky. Double-check yourself with these tax rules affecting homeowners. Courtesy of Houselogic Like most homeowners over the past couple of years, you may have discovered that you can no longer write off your property taxes or claim the mortgage interest deduction. That doesn’t necessarily mean your taxes went up. The change is […]
Should You Buy Flood Insurance?
Courtesy of HouseLogic Did you know homeowners insurance doesn’t cover flooding? Here’s what you need to know about the federal flood insurance program If you have a mortgage on your home and you live in a high-risk flood zone, in most cases, your lender requires you to buy flood insurance. However, if you live […]
2023 Home Improvement Trends
The demand for home improvement continues, and people still want to add both value and comfort to their homes. Whether that’s creating a dedicated work space, upgrading their home or creating a backyard garden. Here are the top trends: 1.- Energy Efficiency Upgrades This winter has been a costly one so far. With the rising […]
Is the Housing Bubble Worse than 2008?
During 2022 the Federal Reserve Bank forcefully raised interest rates 7 times. The goal: “to reduce red-hot inflation rates that are eating into the purchasing power of everyday Americans without sparking a recession.” The market has reacted in a way that signals that a recession is here to stay for awhile. In 2022 we witnessed […]
2023 Real Estate Challenges Ahead
In order to understand the real estate market trends for 2023 let’s take a look at some economic factors: Interest rates, affordability, housing shortage and home sales. Interest Rates During 2022, the Federal Reserve Bank increased mortgage interest rates 7 times as seen in this chart. Once the rate of inflation was going up they moved […]
ESG Negative Impact on Real Estate
Real estate has traditionally offered homeowners and investors security, stability, cash flow, tax breaks, equity building and a hedge against inflation. In recent years we have experienced an unprecedented real estate housing bubble as the result of quantitative credit easing practices by the Federal Reserve Bank and monetary policies. As both inflation and […]
The “Great Reset” Central Bank Digital Currency & Blockchain Impact on Real Estate Ownership
What Is Your Home Worth TODAY? Get Your FREE Market Valuation.
If you are thinking about selling your home, the first step is to find out what its value is. In a market with historical low housing inventory and high demand you can rest assured that the value of your home is at the highest point is ever been. The time to sell a home […]
Quantitative Easing Impact On Housing
As housing prices have skyrocketed in California, it is not surprising that it’s also the state with the highest poverty rate when housing is considered. The state median housing price is $800,000. As prices for goods, services, foods and now energy are surging all across the U.S. Housing prices have increased by almost 20% at […]
5 Initial Steps For A Profitable AirBnB & VRBO
A short-term vacation rental property can be a very profitable investment. However, careful consideration and serious research should be done prior to embarking into this endeavor, in order to avoid some costly mistakes. Most importantly, find out if owning a short-term vacation rental is right for you. Once you know you can do […]
AirBnB “Must-Haves” Inventory Check-List
In order to run a successful and profitable Short-Term Vacation Rental business, you will want to make sure that your property is fully stocked with supplies and beautiful timeless furniture. In addition, organization skills are very important. The following Short-Term Vacation Rental Checklist outlines a list of must-have inventory in order to achieve the best […]
Should You Invest On Long Term Rentals Or Short-Term Vacation Rentals?
With the rising popularity of the short-term vacation rentals, many investors ask themselves which option brings the better return for their investment. And the answer is; it depends. There are some pros and cons to everything and both options offer unique benefits and drawbacks. Before we examine the pros and cons of each option. […]
Is Home Staging Worth The Investment?
If you are planing on selling your home, home staging should be at the top of your to-do list. Whether you hire a professional or do it yourself, selling your home will result in a faster and more profitable process. How Much Impact Does Home Staging Have on Buyers? According to a survey done by […]
