Inherited a Home in California? Here’s Your Tax Reality
Due to Prop 19, property taxes on inherited homes can increase by over 600%, making ownership costly. Selling may be a smarter choice, as heirs can avoid capital gains if sold within six months.
Cities with the most expensive homes in the Los Angeles metro area
The Los Angeles metro area features several cities with high home values, reflecting significant price changes over the past year and five years. Hidden Hills tops the list with a typical home value of $4,791,166, followed by Beverly Hills at $3,453,888 and Newport Beach at $3,321,652. Other notable cities include Malibu, Rolling Hills, and Manhattan […]
California Home Sales Plunge 10% on High Rates
High mortgage rates caused a 10% drop in California home sales in Eary-Q1 2025. Median home prices fell 2.6% MoM but increased 6.3% yearly.
Happy St. Patrick’s Day
St Patrick's Day is the day we all turn a bit Irish. 13 million pints of Guinness are consumed worldwide on St. Patrick's Day. Green is now the traditional color of St. Patrick's Day.
What Drives California’s 3% Home Price Jump by 2030?
The "Great Reshuffling" Remote work has caused a significant population shift, stressing housing supply and increasing prices. Home prices in California are projected to rise modestly by 2.97% due to market shifts by 2030.
Can California Maintain a Balanced Budget?
California proposed a balanced budget after two years of deficits to improve financial stability. Rising tax collections have stabilized the state's fiscal outlook, strengthening revenue streams.
How California’s Climate Chaos Hikes Property Taxes
California faces rising property taxes as wildfires increase, leading to costly reassessments. Rebuilding after wildfires restores pre-damage property tax assessments, leading to higher taxes once homes are reconstructed.
Happy Women’s Day
International Women's Day, also known as IWD for short, grew out of the labour movement to become a recognized annual event by the UN.It all started in 1908 when 15K women marched through NYC demanding shorter working hours, better pay and the right to vote. Things were made official in 1975 when the United Nations […]
Only 23% of California Homes Are Mortgage-Free
California’s 22.8% of homes are mortgage-free, highlighting financial resilience amid rising borrowing costs. Median home value with a mortgage is $750K, compared to $645K for fully paid homes.
California Leads in Sustainable Commercial Projects
California’s commercial building market will grow at 2.53% CAGR, reaching $193.9B by 2034. Market growth is driven by sustainability, smart buildings, flexible workspaces, e-commerce, and mixed-use developments.
