CALIFORNIA’S NEW LAW ENDS SINGLE-FAMILY ZONING RESTRICTIONS
Gov. Gavin Newsom this week signed a pair of bills into law that effectively put an end to traditional single-family zoning restrictions in most neighborhoods statewide. Senate Bills 9 and 10, which take effect Jan. 1, 2022, will make it eas...
WALL STREET IS BUYING UP SINGLE FAMILY HOUSES
Housing markets are hotter than ever, and big money is getting in on the act. Pension funds, investment firms and Wall Street banks are snapping up family homes in Europe and the United States at a rapid pace as prices rocket higher, ...
WILL THE HOUSING MARKET COOL OFF BY FALL? HERE’S WHAT EXPERTS PREDICT
Today’s hot housing market is one of the peculiar outcrops of the pandemic. Housing supply was already low before Covid-19, but it was further hampered as lockdowns took place and people began looking for new homes, driven by a host of reason...
ALL CASH U.S. HOME PURCHASES IN 2021 HIT 30%
Cash purchases are on the rise as Americans reap the benefits of a strong stock market. The S&P 500 Index has gained 36% in the past 12 months alone. “I’ve never seen more cash in Boise's housing market than I’ve seen in the past ...
WHAT CHANGES ARE PLANNED FOR 1031 EXCHANGES?
Last month the government revealed several tax proposals that could affect real estate investors. The most talked about involves curtailing 1031 exchanges, a long-standing and regularly used strategy for deferring capital gains taxes of income ...
THE SLOWING HOUSING MARKET DOES NOT EQUAL LOWER PRICES
Over the past few weeks, the rate of price growth has begun to slow and fewer buyers are seeking mortgages to purchase homes. The competition for available homes, while still formidable, may not be quite as intense as it’s been. And this coul...
HOME RENOVATIONS WITH THE GREATEST RETURNS
Outdoor Renovations Top The List It should come as no surprise that outdoor spaces are more valued than ever. The coronavirus pandemic sent us all home for a year, and being cooped up inside made us long for upgraded outdoor spaces. The hom...
WHY TODAY’S HOUSING MARKET WON’T BE A 2008 REPEAT
The great reshuffling in housing that began roughly a year ago at the outset of the pandemic — and the heightened housing demand, elevated home sales activity and rapid price appreciation that came with it — is only just beginning, and will...
SMALL CALIFORNIA CITIES TOP THE LIST OF HOTTEST U.S. MARKETS
As consumers seek value while remaining near a major metro, the California metros of Vallejo, Yuba City, and Stockton topped our hottest markets ranking. Golden State real estate has seen ups and downs in recent years, and based on this mont...