According to a study by Apartment List, 70 percent of millennials around the country have less than $1,000 for a down payment on a home. Fewer than 30 percent of those between the ages of 25 to 34 would be able to save 10 percent of a home's purchase price within...
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Month: May 2017
Supply issues are heating up residential property markets
The pace of home sales in California and around the country generally picks up during the spring and summer months, but recent reports suggest that today's buyers have a dwindling supply of houses to choose from. Desirable homes are being snapped within days of being...
Trump tax reform uncertainty strikes commercial real estate
Commercial property developers in California may now be thinking twice before starting projects that would have been carried out without hesitation a few years ago. Potentially huge changes on the horizon, including tax reform and inflation, are uncertain and likely...
The benefits of commercial property investing
There are several reasons why real estate investors in California and around the country may be drawn to commercial rather than residential properties, and this may be especially true when they are landlords. Residential renters often complain belligerently about...
Understanding the rights of a tenant
Those who wish to rent property in California have many rights. For instance, a landlord cannot reject an application for an apartment because of a person's race, gender or religion. Landlords also cannot reject applications from people based on their national origin,...
How residential property is titled and transferred
California residents who have purchased a home know that completing a residential real estate transaction involves signing copious amounts of documents and dealing with a profusion of legal issues. Deciding how residential properties will be titled is a crucial...
Challenging a property tax assessment
California residents who wish to challenge a tax assessment may meet with an assessor to make their case. However, the request must be based on solid evidence as opposed to a general complaint that the rate is too high. For instance, it may be possible to get a...