New Bill Could Create Affordable Middle-Class Housing for Californians A new bipartisan bill could create more affordable housing for middle-class families across California. If passed, AB 1287 would expand the California Density Bonus Law. Developers could receive density bonuses if they create affordable middle-income housing. Link to Article SHARE ARTICLE ON SOCIAL
Tag: California Real Estate
Jack Schoberg Real Estate Avoid Capital Gains Tax When Selling When selling your primary residence there are just a few considerations to remember to avoid capital gains tax, which could be required if selling for a gain. The main consideration is that the property must have served as your primary residence for at least 2…
If You Are Buying Real Estate In LA (Or Anywhere In California), You Could Be Leaving “Massive Savings” On The Table By Choosing Not To Use The Services Of An Agent That Offers A Substantial Commission Rebate (1.25%+ of the Purchase Price) Buyers that are not aware of real estate commission rebates in LA might…
January 2023 – Mortgage Interest Rates Decline, Demand Jumps Check out this article from cnbc.com. Mortgage interest rates appear to have peaked in late 2022 and have been declining or holding steady since. If declining rates continue in 2023, increased market activity will surely follow. Tap the link for more details. Mortgage demand jumps, as…
The outlook for the residential real estate market, which performed exceptionally well during the height of the pandemic, continues to be promising.