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Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. On average, nationwide home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in the long term. Homeownership wins over time. Reach out to me...
Depending on your personal situation, you may find it difficult to believe that there is currently an abundance of equity. But in the United States alone, we’re not just looking at billions in equity. We’re looking at trillions. According to the Federal Reserve, $27.8 trillion to be specific. In fact, homeowners have so much equity that banks are beginning to extend e...
Owning a home means having a place that’s solely your own and provides the space, features, and location you and your loved ones need. But what happens when your needs change? If this hits home for you, it may be time to make a move. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), the a...
It’s a great time in California to own an ADU. Last year, our government made it easier than ever to build authorized accessory dwelling units (ADUs). But now, thanks to Assemblyman Phil Ting’s (D-San Francisco) recently drafted Assembly Bill 1033, it’s becoming just as easy to sell these units as ADU homes the way one would sell a condo. It’s a big step toward solv...
Have you seen the news? Wall-to-wall headlines about the big housing market crash headed your way. You’d think it was a confirmed fact! As the CEO and founder of my own real estate brokerage, and an expert who’s been successfully working in the real estate industry for decades, I have news for you. There will be no housing market crash. I realize that’s a bold...
The key to making top dollar when selling your home isn't a secret—it's all about discipline and effort. Many people cut corners, resulting in lower potential prices. Don’t be one of them. In my years in real estate, I’ve seen countless examples where smart, well-placed investments of time and money have significantly boosted sales prices and sped up sales. This gui...
Navigating the complexities of the IRS tax code, especially concerning 1031 Exchanges, can be challenging. Here’s a straightforward guide to help you understand which properties qualify for a 1031 Exchange, allowing you to defer capital gains taxes effectively. Defining Like-Kind Real Property Like-Kind Property: Properties held for: Productive use in a trade or business,...
So, you're considering joining the world of condo ownership? Congratulations! Choosing condo life offers a fantastic blend of convenience and community. But before you dive headfirst into condo hunting, there's an important distinction to understand: warrantable vs. non-warrantable condos. This distinction is particularly important when it comes to securing a mortgage. Le...
If you’re thinking about buying a home, you’re probably picturing clean interiors, beautiful flooring, modern appliances and your personal style reflected in every room. There’s also a good chance that old carpeting, outdated design and inefficient energy systems are not on your list — so get ready to say no thanks to used and get everything you really want when you buil...
As we approach the end of the year and look ahead to 2024, savvy investors are eyeing strategic opportunities to maximize their real estate portfolios. One such strategy, the 1031 exchange, is gaining significant traction. This tax-deferred transaction isn't just a powerful wealth-building tool; it's a gateway to potentially greater returns and financial flexibility. What i...