A Possible Elimination of Interest Deduction?

“I think the loss of the interest deduction would be disastrous for our state and area.  The loss of the mortgage interest deduction would likely act as a disincentive to potential home buyers by eliminating one of the prime benefits for home ownership…It feels like we are being punished because we live in a high […]

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Social Benefits of Owning a Home

Improved educational performance, higher civic participation, lower crime rates, and improved health remain the biggest social benefits linked to homeownership, according to a new research paper by NAR Chief Economist Lawrence Yun and research economist Nadia Evangelou, which appears in The Journal of the Center for Real Estate Studies. “Stability in the workplace and stability […]

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Fire Victims Get Offered Disaster Relief

The U.S. Department of Housing and Urban Development announced it will offer relief to disaster victims of the recent California wildfires, including foreclosure suspensions and other assistance to certain homeowners in the affected counties. “President Donald J. Trump Approves California Disaster Declaration”- The White House, office of the Press Secretary The fires are being called […]

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After the Fire Local Real Estate Tightens Up

Areas of California affected by wildfires may have an inadequate supply of emergency housing for victims because those markets were already facing severe inventory shortages, industry experts warn. The fires have torn through Northern California’s wine country, destroying thousands of homes and businesses. “Our housing market was impacted prior to the devastating fires in Sonoma […]

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A strong market impacts first-time home buyers

“I would say that the entry level market is still really tight.  Even though things seem to have calmed down a bit from the summer months, if you are looking to write on something under $600,000 you can still expect a lot of competition.”- Mike Lagoyda, Senior Sales Associate In a recent article from C.A.R. they […]

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Looking for a Starter Home?

“The crisp fall weather brings opportunity to first-home buyers. Many times first-time home buyers can benefit by extending their search into the fall and winter months when many investors and out of area buyers tend to retreat. With interest rates remaining low opportunity abounds for those who may have been outbid during the spring and summer months. Over […]

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