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How Is Real Estate Looking For LA Going Into 2022??

10 housing questions Southern California must answer in 2022 Cash buying’s hot — 30% of IE sales, up 65%; 29% of LA-OC buying, up 64%. By JONATHAN LANSNER | jlansner@scng.com | Orange County Register PUBLISHED: December 30, 2021 at 8:42 a.m. | UPDATED: January 1, 2022 at 3:46 p.m. Forecasting Southern California’s housing market i...

In Need of Mortgage Relief?

BY JON HEALEY PUBLISHED JAN. 4, 2022 UPDATED JAN. 5, 2022 10:05 AM PT Quick Link to California Relief Website.  You have to do it online, at camortgagerelief.org. If you don’t have access to the internet or a computer, you can ask a housing counselor to assist you. For help finding a counselor certified by the federal Department of Housing and U...

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No, the housing market isn’t in a bubble. But there still are many things to worry about in 2022.

By Mark Zandi January 6, 2022 at 8:00 a.m. EST House prices are sizzling. Not just in swanky neighborhoods in the nation’s big cities or in resort towns. Not just in the suburbs or exurbs. Not just in inner cities or in rural areas. Just about everywhere. House prices were rising strongly before the pandemic, but since the pandemic hit they’ve been on a tear. The media...

How many records can Southern California home prices break? Last year, 10!

BY ANDREW KHOURISTAFF WRITER  JAN. 21, 2022 5 AM PT https://www.latimes.com/business/story/2022-01-21/southern-california-median-home-price-nears-700-000-record-high-december-2021 Southern California home prices hit another all-time high in December, capping a year of sharp growth that left many first-time buyers frustrated while homeowners counted their equity gains. ...

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Selling a House? Avoid Capital Gains Tax on Real Estate in 2022

Tina Orem Jan 18, 2022 https://www.nerdwallet.com/article/taxes/selling-home-capital-gains-tax It feels great to get a high price for the sale of your home, but in some cases, the IRS may want a piece of the action. That’s because capital gains on real estate can be taxable. Here’s how you can minimize or even avoid a tax bite on the sale of your house. What is a capit...

The Future of the Housing Market: Don’t Panic!

There’s an absurd amount of propaganda about the housing market in the news these days. And it’s not just our clients who are absorbing it. Realtors are coming to me in a panic over clickbait-style headlines from respected journalists. I was watching a video the other day in which a journalist stated we could see a “20% decrease in housing year over year.” But they ...

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California First-Time Home Buyer: 2022 Programs and Grants

Peter Warden The Mortgage Reports Editor May 16, 2022 - 9 min read California Home Buyer Overview: The average home purchase price in California is considerably higher than in most states. So eligible first-time buyers really stand to benefit from the homeownership programs described below. California home buyer stats Average Home Sale Price in CA1&nb...

Real Estate Cycle: Understanding the Four Phases

https://www.fortunebuilders.com/real-estate-cycle/ As a real estate investor, it’s essential that you keep a pulse on the real estate cycle, both on macroeconomic and microeconomic scales, and know where we are in said cycle. The housing market cycle is closely tied to the general economy. Still, you can’t assume that the housing market is doing well just because the general...

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You Do ADU, Part 1: Thousands of Californians are building ADUs. Should you?

BY JON HEALEY UTILITY JOURNALISM SENIOR EDITOR  MARCH 29, 2023 8 AM PT https://www.latimes.com/business/real-estate/newsletter/2023-03-29/how-to-decide-whether-to-build-an-adu-in-california-you-do-adu Accessory dwelling units are one of the hottest items in California’s housing industry, inspiring a slew of companies to try their hand at designing and building t...

These Are The People Who Should Be Buying A Home!

The ideal home buyer in the Los Angeles real estate market today can vary depending on their specific needs and preferences. Los Angeles is a diverse and sprawling metropolitan area with a wide range of neighborhoods and property types, so the ideal buyer can differ significantly from one part of the city to another. However, here are some general characteristics that might define an ideal home...