REAL ESTATE ANSWERS: How are property tax assessment transfer rules changing due to Prop. 19?

How are property tax assessment transfer rules changing due to Proposition 19? If you are one of the many people in California who at some point considered moving but decided not to because your property taxes would increase sharply, you could be [...]

REAL ESTATE ANSWERS: Why (and how) do so many local sellers spend so much money getting their homes ready for sale?

Why (and how) do so many local sellers spend so much money getting their homes ready for sale? Sellers in our area routinely spend tens of thousands of dollars on work and staging in preparation for putting their home on the market. [...]

REAL ESTATE ANSWERS: Why should you pull a permit for work done on your home?

Why should you consider pulling a permit for work done on your home? The #1 reason you should get a permit if you’re having work done on your home that requires it is the obvious one: it’s required by law, and you [...]

REAL ESTATE ANSWERS: I’m considering selling my home next year. What should I start doing now to get ready?

I’m considering selling my home next year.  What should I start doing now to get ready? It’s a well-known fact that right now is not the optimal time to sell a home in our area.  It is, however, the right time to [...]

How sold price per square foot varies with property size

I've mentioned in past newsletters that, in general, smaller properties sell for higher prices per square foot.  This chart compares the average sold price per square foot for properties of different sizes.  The data is from the area indicated, January 1, 2019 [...]

REAL ESTATE ANSWERS: Why do list prices sometimes increase after a property has been on market for a while?

Why do list prices sometimes increase after a property has been on the market for a while? In most parts of the country, properties come on the market, and if they don’t sell after a period of time, motivated sellers will reduce [...]