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 ...
Blog
Find out everything you need to know about your future agent.
The Future of the Housing Market: Don’t Panic!
The best week to buy a home is coming up
It is general knowledge that spring time is home selling season, but the best time to buy a house can change from year to year. According to a report from Realtor.com published Wednesday, in 2022, the best week to buy a house is from September 25 to October 1. Many in the industry view fall as “off season” for the housing market, which offers opportunistic buyers m...
You Could Be Earning Money Where You Sleep With ADU Housing
When it comes to shopping for a new home in Southern California, we’ve noticed everybody tends to want one thing: a refreshing swimming pool. But a well-designed ADU is right behind it. So, what is this ADU California residents love so much? It’s an acronym for “accessory dwelling unit” and it’s an independent living space that shares a lot with a main residence. I...
What If Your Home Market Value is Different Than Your Assessed Home Value?
Some people have no clue about their home’s value. Others methodically scrutinize and analyze, but still end up with doubts. And still there are those who fully trust one figure, say a property assessment, only to list their home and find that the market doesn’t quite agree. There are so many moving factors involved with valuation that precision can be tricky. But excuses aside, wha...
Glendale CA Multi-Family Market Report
Overview Submarket vacancy in Glendale, 2.8%, is at its lowest levels in decades. Average rents in Glendale rates trended downward through much of 2020 but recovered to pre-pandemic levels in 21Q2. Asking rates are presently growing at 5.0% on a year-over-year basis. Glendale was one of L.A.'s hotspots for new multifamily construction last decade, with more than 3,600 units delivered ...
- calendar_month October 29, 2022
- category Multi-Family Market Report
- post Housing
LA Measure ULA: A New Real Estate Transfer Tax on Residential and Commercial Properties Over $5 Million
Measure ULA, also known as the “Homelessness and Housing Solutions Tax,” was a ballot measure in Los Angeles which was recently approved by voters in the 2022 Los Angeles County Midterm Elections. Measure ULA will impose a new and additional transfer tax on real estate valued at more than $5 million. Although this tax is sometimes misleadingly advertised as a “mansion tax,&rdq...
Are Expanded Renters Rights at the Federal Level the Right Direction?
Some are calling it the kind of relief one expects from a functioning first world government. Others are calling it an overreach that ignores the real solution. But no matter how you slice it, the Biden administration announced on Wednesday, January 25 its intention to establish a fledgling “renters bill of rights.” What does this mean? A diverse battery of renters rights applied at...
