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California Housing numbers

February 6, 2013

What subprime crisis?  Affordable houses are everywhere.

California’s median home price for November 2012 is $349,300. California’s housing affordability index for the third quarter 2012 is 49%.  Mortgage rates for the week ending 1/3/2013 […]

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Tax Guidelines for Home Sellers

February 6, 2013

Tax Guidelines for Home Sellers

You are allowed to exclude gain on your personal residence if you own and have lived in your home for two of the five years […]

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Impact on critical real estate tax breaks by the American Taxpayers Relief Act

February 6, 2013

Impact on critical real estate tax breaks by the American Taxpayers Relief Act

Congress reached an agreement in the “fiscal cliff” negotiations, and President Obama signed the American Taxpayers Relief Act into law on January 3, 2013.  Many […]

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U.S. Economic and Housing Market Outlook For 2013

February 6, 2013

U.S. Economic and Housing Market Outlook For 2013

Many forecasting agencies released their U.S. Housing Market Outlook for 2013, the highlights are below: Expect property values to continue to strengthen with most U.S. areas […]

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