WILL 2020 BE A GOOD TIME TO BUY IN CALIFORNIA?

Economists say that 2020 will be positive but not stellar for the housing market in California. Although last year they expected mortgage rates to rise and they fell keeping real estate markets much stronger than anticipated. Lesson…real estate predictions can be tricky business. CALIFORNIA STILL SHOWING GROWTH Despite some predictions from expert economists that the west would face a tough 2019 real estate market, California proved to be one of...

New Rules and Changes for 2019

Governor Brown signed a series of legislative bills on September 30, 2018. Below is list of new laws pertaining to real estate that agents should anticipate to impact California real estate in 2019. 1. Building Permits Expiration Period Extended (AB 2913) - Effective 1/1/19 This bill provides that a permit would remain valid for purposes of the California Building Standards Law if the work on the site authorized by that...