APR vs. Interest Rate: What's the Difference Between These 2 Terms

APR vs. Interest Rate: What's the Difference Between These 2 Terms

APR versus interest rate: What's the difference? If you’re applying for a mortgage, these are two financial terms you need to understand. APR stands for "annual percentage rate," or the amount of interest on your total loan that you'll pay annually over the life of the loan. It's slightly different from the interest rate, which is the cost you'll pay each day based on your mortgage balance.

Read more...

Tax Plan to Affect Southern California Housing Market

Tax Plan to Affect Southern California Housing Market

If you're planning on buying a home in Southern California, you're likely expecting an interest deduction on your mortgage. But, under the new GOP tax plan, your mortgage can't exceed $750,000 - lowered from the previous limit of $1 million.

Read more...

San Diego luxury housing could see a boost under tax plan

San Diego luxury housing could see a boost under tax plan

Major changes to the tax code approved by Congress could mean luxury homes in San Diego County will have more buyers, or at the least, see no noticeable change in sales.

Read more...

Housing Market Forecast 2018

Housing Market Forecast 2018

As 2018 begins, what can you expect for the local and statewide real estate industry? Predictions vary from housing industry experts, but here’s what some of them are saying:

Read more...

11 Common Misconceptions Homeowners Believe About Selling Their Property

11 Common Misconceptions Homeowners Believe About Selling Their Property

1. Don't Sell It Like It's Still Your Home The most impactful changes you can make prior to selling a home are easy and affordable changes that a buyer will see as an objection and assume will cost a lot of money to fix. Hire a professional stager and if there are original, cheaper fixtures that date the home, such as cheap builder lighting and plumbing, spend some money and upgrade the home prior to sale.

Read more...

California’s Proposed Federal Tax Cap

California’s Proposed Federal Tax Cap

SACRAMENTO — California’s attempt to skirt the GOP’s new $10,000 cap on local and state tax deductions is officially in play. Senate leader Kevin de León on Thursday introduced legislation to allow Californians to make a charitable donation to the state — to the California Excellence Fund — in exchange for a dollar-for-dollar state tax credit. In other words, people would be able to donate to the state instead of paying taxes. The new tax law Congress passed last month does not place a cap on deductions for charitable giving. 

Read more...

Why the Kitchen is the Most Important Room in the House

Why the Kitchen is the Most Important Room in the House

According to research compiled by Property Rescue, it is the Kitchen that is considered to be the most important room in the modern home. In fact, a third of all home-owners consider the kitchen to be the make-or-break factor in wether or not to buy the property.

Read more...

6 Ways to Keep Package Deliveries from Being Stolen Off Your Porch

6 Ways to Keep Package Deliveries from Being Stolen Off Your Porch

One unfortunate side-effect of our modern buy-everything-online lifestyle: package theft. A box or pile of boxes left sitting on your front stoop makes an easy target for "porch pirates," some of whom follow delivery trucks and scoop up packages moments after they're dropped off.

Read more...

2017 Housing Market ReCap and Forecast for 2018

2017 Housing Market ReCap and Forecast for 2018

In 2017, home values increased in San Diego by an average of 6.9%. However, experts projected that growth will slow down in 2018 with a project value increase of 4.1% Renters are going to start looking at the option of buying a home,

Read more...

Dont Lose Your Dream Home Employ The Right Broker

Dont Lose Your Dream Home Employ The Right Broker

Savvy home buyers crunch the numbers and know exactly how much money they can offer on their dream house. But what do you do if the asking price comes in slightly over budget, by about $25,000 more, for instance, than what you can realistically afford?

Read more...

  • Log in
  • ×