4 Reasons Why Summer Is a Great Time to Buy a Home

June 18, 2018

Here are four reasons why you might consider buying a home today instead of waiting.

1. Prices Will Continue to Rise

CoreLogic’s latest Home Price Insights reports that home prices have appreciated by 7% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.2% over the next year.

Home values will continue to appreciate for years. Waiting no longer makes sense.

2. Mortgage Interest Rates Are Projected to Increase

Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have increased by half a percentage point already in 2018 to around 4.5%. Most experts predict that rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison, projecting that rates will increase by nearly a full percentage point by this time next year. read more

California Property Tax Saving Programs

June 6, 2018

A list of some California Property Tax Saving Programs that could be applicable to you!

FOR HOMEOWNERS AGE 55 PLUS

Propositions 60 This measure offers anyone over the age of 55 relief from Prop. 13 by allowing them to move within the same county without undergoing a change in their basic property taxes.

Proposition 90 The same provisions and qualifications as Proposition 60. The difference is that it allows base year transfers from one county to another county in California. The only counties that have adopted an ordinance to allow values from other counties are: Alameda, El Dorado, Los Angeles, Orange, Riverside, San Bernardino, San Diego, San Mateo, Santa Clara, Tuolumne and Ventura. read more