Should real estate be part of my retirement plan?
By Katie Lobosco
Jake Walker in Michigan asks:
I am 25 and wonder how I’ll retire since I won’t have a pension like my parents. Last year, I bought a rental property and my return was much higher than what I saw on my 401(k) and Roth IRA. I look at this as a way to diversify my portfolio and also generate cash flow in retirement. Basically, my version of a pension. Is this a good approach to have?
Appraisals Can Be Challenged
By Bob Hunt
Question: We are refinancing our home to replace an adjustable rate mortgage with a good fixed rate loan. Unfortunately, the appraisal came in low and when I received the copy from the mortgage company I noticed many errors, some of which are significant.
Southern California home prices jump again as short supply fuels bidding wars
By Andrew Khouri
Southern California home prices jumped in February, posting the largest increase in more than a year, as buyers rushed to outbid one another for a meager selection of homes for sale.
Renting Unpermitted Units Is Not A Good Idea For Landlords
By Bob Hunt
California, like some other parts of the country, is facing a shortage of affordable housing. One consequence of this is that, in many areas, rental rates just keep going up and up. A recent report noted that one-third of tenants in California spend more than half of their income on rent. For some, of course, such conditions create opportunity — the opportunity to start, or expand, one’s own landlord business.
All Signs Point To A Strong 2017 Real Estate Market
By Steve Udelson
President Trump would like to stimulate the economy through deficit spending and deregulation. The market has responded by selling off bonds and buying bank stocks.
How will this impact the real estate market?
David Kim: What Are Third-Party Aggregators?
By David M. Kim | March 15, 2017 | 3:34 p.m.
In today’s technology driven world, new ways of obtaining real estate information have emerged in the form of third-party aggregators.
Companies like Zillow, Trulia, and Redfin are third-party aggregators that collect data from the Multiple Listing Service and public records.
California Mills Act Can Benefit Owners Of Historic Properties
By Bob Hunt
Monday, 13 March
Owners and prospective owners of historic California properties would do well to familiarize themselves with the Mills Act. (O.K., O.K. At the outset we acknowledge that some of our friends on the Right Coast, who live in neighborhoods that date back to the 1800’s, might find it amusing that, in California, some houses from the 1940’s are considered “historic.” Just give us a little slack, all right?) Agents also can benefit from having some familiarity with the provisions of the Act.
Factors to Consider When Pricing Your Home to Sell
By BRENDON DESIMONE
Do your research, choose your listing price, and watch the buyers line up.
Editor’s note: Putting your home on the market is no small decision. And listing before you’re really ready can hurt your chances of selling your home for its full worth. This week we’re giving you a head start on prime selling season with plenty of tips and advice for preparing your home to hit the market ready for a successful sale.