2015 Real Estate Laws: Solar Energy Property Tax Exclusion Extended. This California law extends a solar tax exemption for new active solar energy systems until 2025. Solar Energy Property Tax Exclusion Extended This is part of our series about new 2015 California Real Estate laws. Click here to see the series. Solar Energy Property Tax Exclusion…
This post is part of a series about new 2015 California Real Estate laws. Click here to see the series. 2015 California Real Estate Laws: Documentary Transfer Tax – Purchase price is no longer a secret This law repeals the right of a principal buyer to request that the transfer tax be shown on a separate document, thus shielding it…
The KCM Crew gives you a couple of reasons it’s wise to buy right now instead of renting. 1. Homebuyers spend an average of 15.3-17.4% of their income on their mortgage, while renters pay 29.9%. 2. Buying a home is 30.8% more affordable than renting compared to statistics from 1985-1999.
Today begins our series about new 2015 California Real Estate laws. Click here to see the series. 2015 Real Estate Laws: Tax Exemption for Mortgage Debt Forgiveness This law extends California’s exclusions of taxation of mortgage debt forgiveness for qualified principal residence indebtedness in partial conformity with the federal Mortgage Forgiveness Debt Relief Act of 2007….
With rising inventory and modest expectations of demand growth, REALTORS® responding to the October 2014 survey expected home prices to increase modestly in the next 12 months, according to data gathered from the October 2014 REALTORS® Confidence Index Survey. Local conditions vary with expectations anchored on factors such as the level of inventory, the state of…
Fast Facts California Median Home Price for August 2014: California: $480,280 California highest median home price by region/county August 2014: San Mateo, $1 million California lowest median home price by region/county August 2014:Siskiyou County, $127,500 California Pending Home Sales Index:August 2014: Decreased 4.5 percent from 104.5 in July to 99.78 in August.California Traditional Housing Affordability Index:…
