Friday, October 26, 2018

Seniors, Utilize Caution When Using the Equity in your Home!

With all the hype about rising house prices and growing equity, seniors need to beware.   Before using your equity, speak with a tax professional. No one wants a tax surprise that will eat up most of their gain.  As a senior are you moving to a city were you can transfer your tax basis and take advantage of Proposition 60/90?  Caution, It is possible that you have spent 30 years paying on a mortgage.  Make sure you do you homework if you are thinking about downsizing or expanding.

Thursday, October 18, 2018

Sacramento's 50 Plus Crowd - Fair Housing Is Now 50!

The Fair Housing Act is now 50!  Former United States President Lyndon B. Johnson signed into law Title VIII of the Civil Rights Act of 1968.  Today it is commonly known as the 1968 Fair Housing Act.  

This phenomenal piece of legislation was signed into law just one week after the assassination of Dr. Martin Luther King,  Jr.  Nineteen sixty eight was a tumultuous time for this nation.  The 1968 Fair
 Housing Act gave the country the shove it needed towards equal opportunities in housing, employment, and education for all citizens. Unfortunately it took 102 years to enforce the Civil Rights Act.  Initially when the Civil Rights Act of 1866 was signed into law, there wasn't any enforcement by Federal or local authorities.  The law was to give all citizens the right to own, occupy, and transfer real estate. Today in 2018, the 1968 Fair Housing Act is still a major milestone.   

Disclaimer:  I am a licensed California Real Estate Broker.  Please contact the proper professionals for tax, legal or financial advice. 

Tuesday, October 9, 2018

Some insight on what's going on with house prices!

What̢۪s Going On With Home Prices? | Simplifying The Market

According to CoreLogic’s latest Home Price Insights Report, national home prices in August were up 5.5% from August 2017. This marks the first time since June 2016 that home prices did not appreciate by at least 6.0% year-over-year.
CoreLogic’s Chief Economist Frank Nothaft gave some insight into this change,

Monday, October 8, 2018

Sacramento's 50 plus Home Owners, home prices are starting to rise!

Sacramento 50 plus Home Owners, home prices are starting to rise across the country, so has home equity.  Now is a great time to access how much equity is in your home.  It could be the perfect time to move up or down to your next home.  A consultation is free!  Schedule an appointment. (916)224-0482 text, (916)424-7000 office, email.

Friday, October 5, 2018

A shift in the market could mean equity in your home!

Housing inventory is up year-over-year for the first time in three years which means that home price appreciation will likely begin to slow. If you're looking to buy or sell a home, now is still a great time! Schedule an appointment and let's talk.  

Monday, October 1, 2018

Sacramento Home Buyers the market is changing
 in your favor!

The Best Advice Does Not Mean Perfect Advice

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