What is a primary residence? What is a principal place of residence? This article will explore these topics for property tax reassessment exclusion purposes.
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Exclusions From Property Tax Reassessments: Cotenants (aka Co-Tenants)
We have written extensively on Proposition 19 and its negative impacts on family property transfers and inheritance, especially in areas such as Newport Beach, coastal Orange County, the Bay Area and many other locations where property values have increased dramatically over the course of ownership especially multigenerational ownership. This article will explore another reassessment exclusion, … Continue Reading
The Good News for Real Estate Investments in 2024
The 2023 housing market has seen many ups and downs, leaving investors wondering what to expect in 2024. The good news is that regardless of interest rate increases and lower than average inventory, real estate investments remain one of the most lucrative areas to invest in as we head into the new year.
Tips for Creating a Memorable New Year’s Eve Party at Home
Hosting a New Year’s Eve celebration from the comfort of your living room can be filled with fun, food, and guests – an unforgettable experience to ring in the new year. To make the most of the evening, you can create a festive atmosphere with themed decorations, incorporate new or favorite dishes, dress to impress and count down in style. Consider adding these touches while planning your unique New Year’s Eve at home.
Your Guide to Thoughtful Last-Minute Gifts for the Home
The holiday season often includes the challenge of finding unique and personal gifts for your favorite people. But let’s face it, with all the holiday hustle and bustle, it’s easy to end up on the hunt for last-minute presents. But don’t worry – we’ve got you covered. These gifts for the home options combine comfort, practicality and style to bring that extra spark to your loved one’s living space.
FHFA Announces 2024 Conforming Loan Limits
The Federal Housing Finance Agency (FHFA) announced it will increase the 2024 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $766,550 on one-unit properties and a cap of $1,149,825, in high-cost areas (including Orange and Los Angeles counties).
Eastside Costa Mesa Activity Report as of December 3, 2023
Here is your latest Eastside Costa Mesa Activity Report as of December 3, 2023, analyzing data as it affects a specific market area. The Market Summary below offers a look at sales activity for the prior month and year, along with current and past year-to-date statistics. The graphs cover several different aspects of the real estate market. Note how some of the graphs break out trends by price increments.
How to Fire-Harden Your Home
Did you know embers are the most dangerous part of a wildfire? Carried by the wind, they can land directly on your house and ignite it, even when the full blaze seems to be a safe distance away. That means when it comes to fire safety, you have to consider every inch of your house … Continue Reading
Tips for Homeowners in Wildfire Zones: How to Find or Keep Fire Insurance
After several years of unprecedented wildfires in California, homeowners are facing challenges in securing or maintaining fire insurance coverage. In response to the escalating risks, some insurance companies have refrained from issuing new policies, implemented substantial premium increases, and left property owners concerned about the possibility of losing their coverage. Here are essential tips to … Continue Reading
California Homeowners Insurance Update From the California Association of REALTORS®
Homeowner’s insurance has become more and more expensive in California, further dramatically increasing the cost of housing. A brief update from the California Association of REALTORS®
