All About California Real Estate

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Selling a home in today’s market certainly has its challenges, not only in the Greater Los Angeles area, but everywhere. Let’s add seasonal factors depending on where you are selling your home.  It’s worth mentioning the holidays, having children and/or pets to what I call the ‘extras’ for planning on selling a home.  The key factor is proper preparation. (I haven’t even brought any current political concerns into the picture.)If you live in LA and are considering selling but waiting, a date to keep in mind is April 1st 2023 when Measure ULA, as passed by voters this past November, will take effect.  Measure ULA means that properties that sell above $5 million will be taxed an additional 4% after April 1st, 2023. Properties that sell over $10 million will be taxed 5.5%; this is in addit...
Comments 8
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Life is good if you live in the greater Los Angeles area...I was reminded today by our friend  Mark Don McInnes, Sandpoint-Idaho   as he sent me a great email with some wonderful photos. Needless to say, they were some Blizzard Photos and he laughed that I was complaining about putting on a sweater and a jacket when the temperatures dropped to the mid-fifties and low sixties as I walked Holly our dog.Indeed, we have no right to complain about our weather. As I looked out in our backyard and took these photos of our tangerine tree.Clearly you will agree we have no right to complain. Thank you Mark Don McInnes, Sandpoint-Idaho  reminding me what is important and what is not. Hope you forgive me using your photo.  Now if you are considering coming to Los Angeles, please reach out to me. Wi...
Comments 3
By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
Moving OnDivorce in not easy. Even the most amicable separation is plagued with disappointment, lack of communication, and failed expectations.  In the best-case scenario, two people who are disolving their union will work together to resolve their differences productively and part ways, hopefully without drawing blood.Unavoidable, though, during the process you and your spouse's emotions will fall prey to a myriad of change as the family, marriage and shared assets are legally separated.Adding to the stress is the sale of the family home, which is typically the largest asset of the marriage. This can evoke tremendous emotions: sadness, anger, sentiment and tremendous disappointment, to name a few.  The combination of the stresses of the divorce with the sale of the family home requires...
Comments 0
By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(AmeriFirst Financial Inc, San Diego, CA)
Understanding monthly mortgage payments is absolutely essential in order for Homebuyers (and Homeowners) to make informed decisions about their real estate financing endeavors.As part of the Mortgage Deep Dive video series, below is a video designed to help Homebuyers and Homeowners understand the nuances of a mortgage payment. What portion of the payment is impacted by the interest rate and/or the loan amount and/or the amortization term? Why don't Mortgage Lenders know the exact payment up front? What if the home is in a flood and/or fire zone? What if a home has Mello Roos assessments? If you are a Real Estate Agent assisting Homebuyers, please feel free to forward this video, along with the Mortgage Deep Dive link to help your Clients. We all win when the Consumer makes informed dec...
Comments 0
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On November 16, 2022, California Association of Realtors (C.A.R) reported an annualized homes values unchanged 0.0% to the price of $599,990 in October of 2022 from price of $600,000 in September of 2022, but higher 3.4% from price of $580,000 in October of 2021 in Riverside County California. While, the homes sales decreased 19.2% in October of 2022 from September of 2022, and fell 41.5% from October of 2021 in Riverside County, California.There were 3.9 months supplies of available inventory of homes in October of 2022, gained from 3.3 months in September of 2022, and rose from 2.0 months in October of 2021 in Riverside County, California.An average it took 28.0 days to sell a home in October 2022, up from 26.0 days in September of 2022, and jumped from 13.0 days in October of 2021 in...
Comments 8
By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(AmeriFirst Financial Inc, San Diego, CA)
Fannie Mae & Freddie Mac have recently announced their new Conforming and High Balance Conforming Loan Limits for 2023.  If you are a Realtor, Financial Planner and/or Attorney, do you know how to articulate this great news to your Clients?  Here are a few talking points: In most counties across the country, there are 3 categories of loan types (based on the LOAN AMOUNT) Conforming High Balance Conforming  Non-Conforming (Jumbo) The loan amounts have increased on each category as follows: Conforming was $647,200, increasing to $726,200 in 2023 High Balance Conforming limits vary significantly depending on county (see below for a few examples) Non-Conforming (Jumbo) limits vary depending on county as well (as shown below) Examples of New High Balance Conforming Loan Limits by County San ...
Comments 0
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On November 16, 2022, California Association of Realtors (C.A.R) reported an annualized homes values down 4.2% to the price of $854,280 in October of 2022 from price of $891,770 in September of 2022, but higher 0.6% from price of $848,970 in October of 2021 in Orange County California. While, the homes sales decreased 6.1% in October of 2022 from September of 2022, and fell 39.8% from October of 2021 in Los Angeles County, California.There were 4.1 months supplies of available inventory of homes in October of 2022, gained from 3.2 months in September of 2022, and rose from 2.0 months in October of 2021 in Los Angeles County, California.An average it took 20.0 days to sell a home in October 2022, down from 21.0 days in September of 2022, but jumped from 10.0 days in October of 2021 in Lo...
Comments 6
By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
The Leasing Team at Foundation Rentals and Relocation just LEASED another property in Novato for $4,900. Thanks to everyone for a great transaction. For any questions about Novato property management or buying or selling investment properties in Novato, call Broker Christopher Barrow at (415) 637-8934!
Comments 1
By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
In October Pasadena Home Prices went up 4.9%CHECK HOMES AVAILABLE FOR SALE IN PASADENA HEREWWW.SFVALLEYHOTPROPERTIES.COM  
Comments 0
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On November 16, 2022, California Association of Realtors (C.A.R) reported an annualized homes values gained 0.6% to the price of $855,000 in October of 2022 from price of $850,000 in September of 2022, and higher 3.0% from price of $830,000 in October of 2021 in Ventura County, California. While, the homes sales decreased 1.5% in October of 2022 from September of 2022, and fell 33.5% from October of 2021 in Ventura County, California.There were 2.4 months supplies of available inventory of homes in October of 2022, declined from 2.7 months in September of 2022, but rose from 1.8 months in October of 2021 in Ventura County, California.An average it took 33.5 days to sell a home in October 2022, up from 31.0 days in September of 2022, and jumped from 24.0 days in October of 2021 in Ventur...
Comments 4
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On November 16, 2022, California Association of Realtors (C.A.R) reported an annualized homes values down 2.2% to the price of $550,000 in October of 2022 from price of $562,240 in September of 2022, but higher 4.8% from price of $525,000 in October of 2021 in Southern California. While, the homes sales decreased 17.8% in October of 2022 from September of 2022, and fell 41.1% from October of 2021 in Inland Empire California.There were 3.9 months supplies of available inventory of homes in October of 2022, gained from 3.4 months in September of 2022, and rose from 2.0 months in October of 2021 in Inland Empire, California.An average it took 27.0 days to sell a home in October 2022, up from 25.0 days in September of 2022, but jumped from 12.0 days in October of 2021 in Inland Empire, Cali...
Comments 10
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On November 16, 2022, California Association of Realtors (C.A.R) reported an annualized homes values down 1.0% to the price of $742,570 in October of 2022 from price of $750,000 in September of 2022, but higher 2.4% from price of $725,000 in October of 2021 in Southern California. While, the homes sales decreased 12.2% in October of 2022 from September of 2022, and fell 40.8% from October of 2021 in Los Angeles Metro Area, California.There were 3.7 months supplies of available inventory of homes in October of 2022, gained from 3.1 months in September of 2022, and rose from 1.9 months in October of 2021 in Los Angeles Metro Area, California.An average it took 24.0 days to sell a home in October 2022, up from 23.0 days in September of 2022, but jumped from 11.0 days in October of 2021 in ...
Comments 10
By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
Granada Hills Ca Homes Sold During October 2022 Granada Hills Real Estate Market. During October 22 homes closed escrow in Granada Hills Minimum Sold Price $599,000, house with 2 bedrooms, 1 baths, 804 sq ft, lot of 3,423 and 32 days on the market   Average Sold Price $864,450, house with 4 bedrooms, 3 baths, 1,986 sq ft, lot of 24,177 and 40 days on the market on the marketMaximum Sold Price $1,800,000, house with 3 bedrooms, 1 bath, 1,627 sq ft, lot of 315,493, and 405 days on the market Twelve homes were sold below asking price, two at price, and eight above. Two were trust sales and twenty standards. Mortgage rates: Conventional 7.3%, Fha and Va 6.5%, all fixed for 30 years Curious about your home value, go to: www.findoutyourhomevalue.com   Check and Subscribe to my channel: www.yo...
Comments 5
By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
What’s the Value of my Escondido Home?Escondido Market Report for October 2022 Western Escondido is approximately 20 miles inland from the beaches, and east of San Marcos and Fallbrook, in North San Diego County. It’s important for buyers and sellers in the Escondido housing market to be educated about current local market conditions so they can make informed decisions about buying and selling Escondido homes for sale. This is particularly important with today’s shifting market! READ MORE:A Tour of Escondido – A Diverse Inland San Diego Community The following data are based on the MLS (private sales are not included in these statistics, nor are multifamily properties, or mobile and manufactured homes). The statistics are believed to be reliable at the time this report was compiled but ...
Comments 6
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On November 16, 2022, California Association of Realtors (C.A.R) reported an annualized homes values down 1.2% to the price of $773,810 in October of 2022 from price of $783,380 in September of 2022, but higher 3.2% from price of $750,000 in October of 2021 in Southern California. While, the homes sales decreased 12.9% in October of 2022 from September of 2022, and fell 40.8% from October of 2021 in Southern California.There were 3.6 months supplies of available inventory of homes in October of 2022, gained from 3.0 months in September of 2022, and rose from 1.8 months in October of 2021 in Southern California.An average it took 22.0 days to sell a home in October 2022, unchanged from 22.0 days in September of 2022, but jumped from 11.0 days in October of 2021 in Southern California.For...
Comments 4
By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
What’s the Value of My Rancho Santa Fe Home? Rancho Santa Fe Home Sales for October 2022 It’s important that buyers and sellers in the Rancho Santa Fe housing market have up-to-date information about local market conditions so they can make informed decisions about Rancho Santa Fe homes for sale, whether buying, selling, or investing.  The Rancho Santa Fe housing market is the most expensive community in San Diego County on average. There are large estates, gated communities, and luxury and equestrian properties on expansive lots often measured in acres. At the time of this report there are 18 properties listed for more than $10,000,000, with 1 estate at $98,500,000 (it’s co-listed with a Los Angeles brokerage). LEARN MORE ABOUT RANCHO SANTA FE:  Rancho Santa Fe - Luxury Home Buyer's Pa...
Comments 5
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On November 4, 2022, Realtor.com reported that in Tujunga, California median list price was $729,450 in October of 2022 down from $759,000 in September of 2022, and fell 9.0% from $1,599,000 in October of 2021. While, median sales price for a home and a condo was $798,000 in October of 2022, declined 7.0% from October of 2021 in Tujunga, California.Houses stayed 85.00 days in the market in October of 2022 rose from 60.00 days in September of 2022, and increased from 71.00 days in October of 2021 in Tujunga,  California.The median listing price per square foot of a home and a condo was $600.00 in October of 2022 higher from $587.00 in September of 2022, and jumped 14.0% from $515.00 in October of 2021 in Tujunga, California.For complete more detailed information about Realtor.com’s lates...
Comments 6
By Sandi Bauman, Chico CA Realtor
(Chico Homes Real Estate)
3320 Burlington Avenue, Oroville, CA 95966 - $120,0003320 Burlington Avenue, Oroville, CA 95966FEATURESBedrooms: 2Bathrooms: 1Year Built: 1942Lot Size: 9583School District: Oroville UnifiedSquare Footage: 1232Agent Name: Sandi BaumanBroker: Chico Homes Real Estate Sales, IncMLS #: SN22231855DESCRIPTIONClassic 1940's bungalow with a charming covered front porch on a large corner lot. Original hardwood, built-ins, and a country kitchen! The floor plan includes two bedrooms, bonus room and a spacious utility room. Convenient location near school, park, shopping, and services. Alley access! LINKSSearch All Our Properties! - https://www.chicohomesales.net/featuredlistings/CONTACT INFOSandi Bauman530-864-5407Foreclosures: What you should know BEFORE you make an offer, Part 1Your Chico,CA Real...
Comments 5
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On November 4, 2022, Realtor.com reported that in Los Angeles, California median list price was $1,049,000 in October of 2022 gained from $1,032,500 in September of 2022, and jumped 7.0% from $979,000 in October of 2021. While, median sales price for a home and a condo was $923,000 in October of 2022, unchanged 0.0% from October of 2021 in Los Angeles, California.Houses stayed 64.00 days in the market in October of 2022 higher from 60.00 days in September of 2022, and rose from 56.00 days in October of 2021 in Los Angeles,  California.The median listing price per square foot of a home and a condo was $613.00 in October of 2022 up from $610.00 in September of 2022, and increased 4.0% from $588.00 in October of 2021 in Los Angeles, California.For complete more detailed information about R...
Comments 6
By Myrl Jeffcoat, Greater Sacramento Realtor - Retired
Occasionally, real estate professionals will debate the pros and cons of sharing trade secrets.Although, I am now a retired Realtor after 40 years, I remember thinking when I first entered the real estate business in November 1981 that I was entering a "cut-throat" business.This month, Debe Maxwell has presented the ActiveRain “2022 Thanksgiving Gratitude Challenge.”  This Challenge offers an opportunity to contemplate blessings we enjoy.My first office, had about a dozen experienced professional old-timers in it, and I was the rookie.  Imagine my shock when I asked the question, "What's the interest rate these days?"  The answer was an incendiary 18 1/2%.  I thought how can I sell real estate in a market like this? The agent at the desk behind me coaxed me to look for the 1 in 20 house...
Comments 24
California Real Estate Agents and Real Estate Professionals