2024 California Housing Legislation: Key Bills to Tackle Housing Short
Thursday, December 05
California’s housing crisis continues to demand solutions, and 2024 introduced significant updates to housing legislation aimed at easing development and expanding affordable housing opportunities. These laws are key to helping developers meet demand in the California real estate market. Key 2024...
Real Estate Slowdown? Smart Strategies for Savvy Investors
Wednesday, November 27
The U.S. real estate market has hit a standstill, earning a new label: STUCK. As coined by Bigger Pockets, this term reflects a market that remains sluggish, even after interest rate cuts. The Wall Street Journal echoed this sentiment, noting that the real estate recovery “ended before it starte...
1031 Exchange Guide: Key Updates and Financing Tips for Investors
Tuesday, November 26
Section 1031 of the IRS code allows real estate investors to defer capital gains taxes on the sale of property by reinvesting the proceeds into similar “like-kind” properties. However, a recent IRS ruling has clarified how investors can use exchange proceeds to improve replacement properties whil...
Invest in Menifee, California: A Rising Market for Affordable Homes
Thursday, November 14
Why Menifee is a Top Choice for Homebuyers and Investors Menifee offers affordable housing and a family-friendly lifestyle, with plenty of recreational activities. While it lacks beach access and major sports teams, Orange County is just an hour away, making Menifee an ideal location for commute...
Napa County Housing Code Updates: Key Changes for Affordable Housing
Thursday, November 07
Napa County and its five cities have achieved state certification for their long-term housing plans, marking a significant advance in tackling the region's housing challenges. The approved plans aim to develop 3,844 new housing units by 2031, far exceeding the state requirement of just 106 units....
California Real Estate 2024: Market Trends and Price Insights
Monday, November 04
2024 has proven unpredictable for California real estate, with median home prices reaching record highs despite a sluggish economy cooling the market. Current Market Overview According to Realtor.com, the San Francisco Bay Area’s median listing price hit $969,000 in August 2024, a 5.4% increase ...