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
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®
Lucas Real Estate Group Claims Top Spot at Coldwell Banker’s Newport Beach Office For October
Lucas Real Estate Group proudly announces its triumphant position as the NUMBER ONE small team in Coldwell Banker’s renowned Newport Beach Office for the month of October.
Lucas Real Estate Presents “Free Photos with Santa!” Extravaganza at Jordan Park
Lucas Real Estate is excited to spread holiday cheer with the community by hosting a special “Free Photos with Santa!” event on December 5 from 2:00 p.m. to 4:30 p.m. at Jordan Park, Eastside Costa Mesa.
Embrace the Holiday Spirit with These Spectacular Newport Mesa Holiday Events
As the holiday season approaches, Newport Beach, Costa Mesa and all of Orange County comes alive with a multitude of festive events and celebrations that are sure to fill your heart with warmth and cheer. From dazzling boat parades to enchanting tree lightings and ice skating adventures, there’s something for everyone to enjoy. Let’s take a closer look at some of the most anticipated events in the area.
Lucas Real Estate Earns Prestigious “People Love Us on Yelp” Award
Lucas Real Estate is thrilled to announce its recent recognition by Yelp as one of the highest-rated and best-reviewed businesses on the platform for 2023. Out of over 6 million active claimed business pages and an impressive 265 million cumulative reviews, Lucas Real Estate has distinguished itself as a top performer in customer satisfaction.
