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Archive for April, 2008

Call Legislators - Tell Them You Oppose This Bill - It Could Save You $$$$$

Call your Legislators today to Ask that  the Point-of-Sale Provision be Removed from AB 2678!
There is a bill before our State Legislature, AB 2678 (Núñez), which among other things, requires that ALL homes and commercial property in California have an energy audit at point-of-sale and that mandatory energy efficiency investments be made. While we appreciate the […]

Reminder: The Tax Benefits of Owning a Home

April 15 provides an annual reminder about the tax benefits of owning a home:
Most people know that mortgage interest and property taxes are deductible in most cases, as is the interest paid when homeowners borrow against the equity in their home. What they may not realize is that the Tax Payer Relief Act of 1997 […]

Southern California Home Prices Continue to Fall

Once again, it’s time to update you on our current real estate market. 
According to an article on the Los Angeles Times website, www.latimes.com, on April 15, 2008, home prices in Southern California continue to fall. The median price of homes dropped to $385,000 in March. The total number of homes sold was up from February, but down 41% from […]

Things Might Be Turning Around!

A news item was announced today on KNX Radio (1070) that prices in the San Fernando Valley have actually started to go up - about 5% over last year.  It just may be an early sign that the market has hit bottom.  We may actually be on the upswing!  Hopefully, this is a new trend, […]