All About California Real Estate

By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
In July of 2021, Realtor.com reported that in Montrose, California median list price was $774,000 in June of 2021 gained from $734,000 in May of 2021, but lower 4.0% from $849,000 in June of 2020. While, median sales price for a home and a condo was $826,000 in June of 2021, jumped 12.0% from June of 2020 in Montrose, California.Houses stayed 56.00 days in the market in June of 2021 higher from 48.00 days in May of 2021, but down from 58.00 days in June of 2020 in Montrose, California.The median listing price per square foot of a home and a condo was $515.00 in June of 2021 unchanged from $515.00 in May of 2021, and up 2.0% from $507.00 in June of 2010 in Montrose, California according to Realtor.For complete more detailed information about Realtor.com’s latest homes and a condos real e...
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By Mike Bjork
(Evolve Bank & Trust)
http://MikesDailyMarketReport.com:  The PCE, the Fed's favorite measure for Inflation, rose 0.5% MoM in July, as it's YoY rose to 4.0%; whereas it's Core PCE (excluding food and energy) rose 0.4% MoM in July and it's YoY rose only to 3.5% (beating hotter estimates of 3.7%+).  The Employment Costs for Q2 rose 0.7% (lower than estimates).  Personal Income rose 0.1% in June; and Personal Spending rose 1.0% in June.  Business activity in the Chicago region spiked in July, as the Chicago PMI rose from 66.1 to 73.4.  According to the UofM Survey for Consumer Sentiment, it rose from 80.8 in June to 81.2 in July.  However, Stocks are in the Red today on the decent economic data (sometimes good news is bad news) and Amazon missed their sales number for Q2.  It was a very good number, but not eno...
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By Raymond Henson, eXp Realty, Realtor
(eXp Realty of California, Inc. (lic. #01878277))
I am lucky and blessed to have such wonderful clients. Two of these three recent clients are repeat customers.  I consider all three friends now.  It is sad that two have moved out of our area.  It is rewarding to know that they both are where they want to be.  Dreams do come true! Thomas and Keiko Takeuchi"We have used Ray twice during the last few years.  First to sell my mother's home and her belongings.  Ray and his wife were very helpful and truthful about what would and would not sell.  They were very organized so we used Ray to sell our home during the COVID pandemic.  It was a hectic time, plus we had to follow COVID Guidelines.  We got a lot done in a short time.  Without Ray's help, we would still be trying to sell our house and not be in Southern California near out daughter....
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By Michael Wayne Jackson, Broker - Seniors Real Estate Specialist Novato
(Coldwell Banker)
Asking $820,000Peaceful ,nature view from the living room and deck. Almost like you are on a hike. Gas fireplace, newer water heater, refridgerator, microwave, and dryer.Primary bedroom has a walk in closet.Three total decks one from the Primary bedroom,one from the dining room and another bedroom. Recessed lighting throughout, updated kitchen, with a formal dining room. Comes with an bonus/workout room, and an attached one car garage. Surrounded by hiking trails of the Pacheco Valley Open Preserve. Community pool, jacuzzi, kids playground, creek and swing. Within blocks of public transportation and minutes away from the Smart Train. Plenty of storage shelves in the garage and deck storage.
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By Nataliya Isom, CPA helping taxpayers with IRS problems
    A taxpayer may always stand for themselves before the IRS. However, many taxpayers find dealing with the IRS frustrating, time-consuming, frightening or all the above. The drawbacks of a taxpayer representing themselves are many: The taxpayer does not have the specialist's knowledge or realize what the choices are or how to get the lowest arrangement permitted by law. Three out of five Offers-In-Compromise presented by the taxpayer are denied by the IRS. Many taxpayer - negotiated offers bid to the IRS significantly more than is mandatory by law. The taxpayer may be too scared, exasperated or overwhelmed by the IRS to bargain a resolution successfully or contentedly. Most taxpayers are far better-off keeping their distance from the IRS and many prefer to leave the wrangling to their...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
In July of 2021, Realtor.com reported that in Sunland, California median list price was $871,250 in June of 2021 gained from $834,000 in May of 2021, and rose 20.0% from $699,950 in June of 2020. While, median sales price for a home and a condo was $992,000 in June of 2021, jumped 32.0% from June of 2020 in Sunland, California.Houses stayed 51.00 days in the market in June of 2021 declined from 58.00 days in May of 2021, but up from 49.00 days in June of 2020 in Sunland, California.The median listing price per square foot of a home and a condo was $504.00 in June of 2021 higher from $523.00 in May of 2021, and increased 14.0% from $434.00 in June of 2010 in Sunland, California according to Realtor.For complete more detailed information about Realtor.com’s latest homes and a condos real ...
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By Mike Bjork
(Evolve Bank & Trust)
http://MikesDailyMarketReport.com:  Initial Jobless Claims continue to disappoint again, as they remain in the 400k range; which happens to be this week's report (400k exactly).  Another trend popped up, is the Continuing Claims, which is starting to rise again.  Something we'll need to watch closely!  We get our first look at Q2 GDP, which forecasts are calling for 8.5%; however, the report is very disappointing, as it is being reported at 6.5%.  We will get 2 more looks, which could be revised.  Pending Home Sales dropped 1.9% in June, which some are saying that it could be a cooling off period for housing.  We'll see!  Stocks are shrugging off the data today, as Investors are giving more weight to Corporate Earnings.  Meanwhile, MBS is showing signs of a possible trend reversal; and ...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On July 16, 2021, California Association of Realtors (C.A.R) reported that homes values higher 9.7% to an average price of $796,120 in June of 2021 from an average price of $725,680 in May of 2021, and rose 28.5% from $619,320 in June of 2020. While, homes sales gained 8.5% in June of 2021 from May of 2021, and jumped 42.4% from June of 2020 in Los Angeles County, California.There were 1.8 months supplies of available inventory of homes in June of 2021 down from 2.0 months in May of 2021, and dropped from 3.0 months in June of 2020. An average it took 8.0 days to sell a home in June 2021, unchanged from 8.0 days in May of 2021, but fell  from 17.0 days in June of 2020 in Los Angeles County, California.For complete more detailed information about the California Association of Realtors’ J...
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By Michael Wayne Jackson, Broker - Seniors Real Estate Specialist Novato
(Coldwell Banker)
Glad to be a part of this local Board! Thank you Caghy Youngling for everything you do!
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By Michael Wayne Jackson, Broker - Seniors Real Estate Specialist Novato
(Coldwell Banker)
Peaceful ,nature view from the living room and deck. Almost like you are on a hike. Gas fireplace, newer water heater, refridgerator, microwave, and dryer.Primary bedroom has a walk in closet.Three total decks one from the Primary bedroom,one from the dining room and another bedroom. Recessed lighting throughout, updated kitchen, with a formal dining room. Comes with an bonus/workout room, and an attached one car garage. Surrounded by hiking trails of the Pacheco Valley Open Preserve. Community pool, jacuzzi, kids playground, creek and swing. Within blocks of public transportation and minutes away from the Smart Train. Plenty of storage shelves in the garage and deck storage.
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By Mike Bjork
(Evolve Bank & Trust)
http://MikesDailyMarketReport.com:  The FOMC will wrap up their 2 day meeting today and give their announcement at 11am PST.  We're not expecting any rate changes and there won't be any dot plot released today.  Currently, the Market is waiting on the Fed, so it could get really choppy out there in the afternoon.  Investors are tiring of hearing the same rhetoric; and many are pushing for tapering to happen sooner than later, as inflation continues to rise.  The Stock Market is Mixed, as the DOW is currently the only index in the Red; however, it's very light trading, so it can quickly change.  MBS is currently Down 5bps, which puts Mortgage Rates in the same type of pricing as yesterday's close.  Yields climbed back above the technical level and sitting just a hair under 1.26%.Please s...
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By Curtis Van Carter, Your Napa Valley Broker Extraordinaire
(Better Homes & Gardens Wine Country Group)
St Helena Weekly Real Estate UpdateTo see all St Helena real estate currently for saleMedian prices, average days on marketcurrent for sale                 52,  medium price $2,724,500, average days on market 87current sale pendings       8,  medium price $3,762,500, average days on market   73sold in last 6 months       52,  medium price $1,708,500, average days on market  122Facts, numbers, square footage from BAREIS and/or Napa County Realist tax records, accuracy is not guaranteed nor has been verifiedStats for last 7 daysnew listings 2, price reductions 1, sale pendings 0, solds 3New Listings 1242 Madrona Avenue, Saint Helena, CA 94574 (MLS # 321064400)(all data current as of 7/28/2021) Price $525,000 Beds 4 Baths 3 Baths Home size 2,974 sqft Lot Size 9,836 sqft   Own 1/8 of this c...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On July 16, 2021, California Association of Realtors (C.A.R) reported that homes values higher 4.2% to an average price of $840,000 in June of 2021 from an average price of $806,000 in May of 2021, and rose 20.0% from $700,000 in June of 2020. While, homes sales gained 9.5% in June of 2021 from May of 2021, and jumped 40.7% from June of 2020 in Ventura County, California.There were 1.8 months supplies of available inventory of homes in June of 2021 down from 1.9 months in May of 2021, and dropped from 4.6 months in June of 2020. An average it took 21.0 days to sell a home in June 2021, lower from 22.0 days in May of 2021, and fell  from 42.0 days in June of 2020 in Ventura County, California.For complete more detailed information about the California Association of Realtors’ June of 202...
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By Elaine Stewart, RE/MAX Desert Properties
(Elaine Stewart is the #1 Individual RE/MAX Agent for 11 years straight in the Coachella Valley. (760) 668-2399 )
The Reserve Club - Indian Wells CA Real Estate: The Reserve Club is a private, gated community stretching across 780 acres, where low-density meets high livability and unparalleled privacy. All 250 residences at The Reserve share a natural palette of color and textures while integrating stunning architecture and lush golf fairways with the desert's natural beauty. Members of The Reserve Club enjoy world-class amenities that include 21-holes of championship golf, fine and casual dining, an exciting social calendar, a wellness center, tennis, pickleball, a Jr. Olympic swimming pool, marked hiking trails, a large fenced dog park, on-site post office, and 24-hour staffed security with roving patrols. The Reserve Club homes for sale in Indian Wells CA are within 3.8 miles of upscale shopping...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Single Story Homes for Sale in Carlsbad CA Market Update as of July 27, 2021 Carlsbad home buyers sometimes prefer a 1-story single family home when searching for a new place to live.  The reasons for this can vary from a simple preference for a single story floor plan, to a medical need necessitating 1 floor living.  Some buyers are willing to purchase a 2-story home as long as there is a master bedroom with bath on the main floor, however these tend to be hard to find; often the 1st floor bedroom is a smaller guest room and the bath may only be a half bath. The overall Carlsbad inventory remains tight (here’s the June 2021 Housing Market Report for Carlsbad). All existing single story listings are resales - there is no new single story construction at this time in the MLS.  As of the ...
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By Wendi-Mae Davis, CRS, GRI, Broker Associate
(Future Homes & Real Estate)
YES!!!  A 40 Year Home Loan May Be Just What YOU Need?!! Ginnie Mae is set to introduce a new 40-year mortgage term for its issuers on the heels of administrative shake ups at the top of the housing industry.Only modified loans with terms greater than 361 months and less than or equal to 480 months will be accepted, but there will be no loan amount restriction, Ginnie Mae said. The mortgage-bond giant said it expects the new pool to be available in October.The pool must also be authorized by the Federal Housing Agency and other agencies whose programs are the basis for loans through Ginnie Mae, said Michael Drayne, Ginnie Mae acting executive vice president, in a press release.“We have begun the work to make this security product available, because an extended term up to 40 years can be...
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By Mike Bjork
(Evolve Bank & Trust)
http://MikesDailyMarketReport.com:  The Durable Goods Orders revised their May's numbers from 2.3% to 3.2%; whereas, it's June data disappointed with 0.8%.  Because of the May revision, it didn't affect the overall Markets.  When you exclude Transportation, then it only rose 0.3% in June (also, disappointing, as it was forecasted at 0.8%).      The FHFA Home Price Index (HPI), which measures homes with Conforming loans (loan amounts up to $548,250) rose 18.0% YoY in May; and Case Shiller, which measures the 20 largest cities in the US, rose 17.0% YoY in May.  Needless to say, Home Prices continued to rocket into the summer!  Consumer Confidence rose to 129.1 in July.  It will be interesting to see how it does in August, as more restrictions take place in many areas across the US due to ...
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By San Diego Realtor, Glen Henderson, San Diego Realtor & Broker Associate
(Premier Homes Team, a division of Big Block Realty, Inc)
One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is good news for you. It means your house will get more attention, and likely, more offers. But as life begins to return to normal, you may be wondering if that’s something that will change.While it may be tempting to blame the pandemic for the current inventory shortage, the pandemic can’t take all the credit. While it did make some sellers hold off on listing their houses over the past year, the truth is the low supply of homes was years in the making. Let’s take a look at the root cause and what the future holds to uncover why now is still a great tim...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
In July of 2021, Realtor.com reported that in South Pasadena, California median list price was $1,298,000 in June of 2021 unchanged from $1,298,000 in May of 2021, but lower 4.0% from $1,350,000 in June of 2020. While, median sales price for a home and a condo was $1,400,000 in June of 2021, jumped 21.0% from June of 2020 in South Pasadena, California.Houses stayed 46.00 days in the market in June of 2021 declined from 57.00 days in May of 2021, and fell from 63.00 days in June of 2020 in South Pasadena, California.The median listing price per square foot of a home and a condo was $762.00 in June of 2021 higher from $725.00 in May of 2021, and rose 7.0% from $705.00 in June of 2010 in South Pasadena, California according to Realtor.For complete more detailed information about Realtor.co...
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By inboundREM Market Updates
(InboundREM)
Lower Pacific Heights, San Francisco, CA Community and Real Estate InformationLower Pacific Heights is located just south of the Pacific Heights neighborhood in San Francisco, California, as its name suggests. California Street is to the south, Presidio Avenue is to the west, Gough Street is to the east, and Geary Boulevard is to the north. The majority of the structures in this suburb, like those in Pacific Heights, have been replaced as a result of the damage caused by the San Francisco Earthquake. Today Lower Pacific Heights is a fashionable, pedestrian-friendly neighborhood noted for its varied clientele, stylish eateries, and sushi bars in Japantown. Lower Pacific Heights, which is located in the heart of San Francisco, has convenient access to the city's many attractions and major...
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California Real Estate Agents and Real Estate Professionals