Here is our Eastside Costa Mesa Market Report (this report is as of September 9, 2023). This Market Report contains detailed information about properties currently for sale or that have recently sold in Eastside Costa Mesa. This data will help track and assess values and trends in Eastside Costa Mesa. The report is based on … Continue Reading
While spring and summer are traditionally considered prime real estate seasons, the advantages of selling a home in the fall are often underestimated. Here are five compelling reasons why autumn might be the best time to list your property and make a big change. Reduced Market Competition Unlike the bustling real estate seasons, the fall … Continue Reading
With s’more season right around the corner, now is the perfect time to transform your outdoor space into a captivating oasis. Large or small, wood-burning or propane, a fire pit can make any gathering an enchanting evening soiree. To help you choose the best fire pit for your needs, here are five of today’s most … Continue Reading
As temperatures drop, the kitchen spotlight turns to a humble and versatile ingredient – the pumpkin. Delve into the delicious world of pumpkin-infused dishes that celebrate both flavor and creativity with comforting classics and innovative creations. Most of these pumpkin recipes call for canned pumpkin, but if you feel like making your own puree, look for sugar or pie pumpkins at the store – leave the large jack-o’-lantern types for carving.
As the days grow shorter, it’s time to bring fall’s warm and inviting hues into your home. Embrace the season’s vibrant colors to create a cozy atmosphere that celebrates autumn’s magic and reflects your tastes. But don’t be scared – adding an autumn look doesn’t mean completely overhauling your home’s interior design! Here are five simple and creative ways to incorporate fall decorations this year.
This is a simple update on the Capital gains tax rates for 2023, see below.
Even leasing professionals make mistakes. From the California Association of REALTORS® Broker Insights Newsletter – August 2023, there are quite a few common mistakes out there that warranted an advisory. Make sure you, or your REALTOR®, are compliant, especially when it comes to leasing in tenant-friendly California….
Lots going on in Orange County September 2023! Check out a detailed list here….
Proposition 19 Interplay With Inheritance and Portability (55 and Older Transfer) – A Way to Make BOTH Aspects of Prop 19 Work For You
As we have written on extensively, Proposition 19, new for 2021 (replacing older propositions 58, 193, 60 and 90), has two main components, portability and inheritance. (Review our many articles on Prop 19 starting here, link to main prop 19 page.)
These two aspects can be combined in some regards, and not combined in others.
For example, if you inherit a property and qualify for Prop 19, and therefore keep that property’s low (prop 13) tax basis, you CAN then sell that property when you are 55 or older and transfer that same low (prop 13) tax basis to a new property. More details below.
Here is your latest Costa Mesa Activity Report, 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 … Continue Reading