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.
2015 Real Estate Laws: Tax Exemption for Mortgage Debt Forgiveness
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. […]
Expect Modest Price Growth in Housing Market in Next 12 Months
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 […]
Real Estate Fast Stats for the week of 10/6/2014
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: […]
Home for Sale in Huntington Beach: 8802 Lauder Circle
Welcome to your new beach close home in this quiet and established Coral Shores neighborhood! This popular single story model has a private, but inviting curb appeal. This home has been completely upgraded! The kitchen features rich black granite counters, new stainless steel appliances, lots of cabinet space, new light fixtures, and a built-in desk: The […]
Huntington Beach Home for Sale: 413 21st Street
Welcome to your stunning 2-story ocean view beach home offering sophisticated California coastal living at its finest! Just 4 blocks from the beach, this open floor plan was designed for quality entertaining and features arched doorways, recessed lighting, dual paned windows that let in lovely natural light, plantation shutters, large ceramic tiles throughout most […]