Kevin Chiao

March 2023 Inflation, Interest Rates and Q1 Market Stats

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March Inflation Figures: On Wednesday, the much-anticipated March inflation figures were released. The overall inflation rate saw a significant drop from 6% to 5%. However, the “core” inflation rate, which excludes the volatile food and energy sectors, experienced a slight increase, ticking up to 5.6%. These diverging numbers have led to different interpretations among analysts …

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You’ve Just Remodeled Your Home. What Happens to Your Property Taxes?

Renovation, Seller News / By

  As much as HGTV would like us to believe, a home renovation project doesn’t just end with the before-and-after reveal. If you’re about to embark on an extensive remodeling project, be prepared for your property taxes to increase. Here’s what you need to know: What kind of renovations trigger a property value reassessment? Under …

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How SB 9 Will End Single-Family Zoning in California

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California Gov. Gavin Newsom signed into law two new housing bills, SB 9 and SB 10, that will essentially end single-family zoning and increase the state’s housing production. Though it remains to be seen whether the new laws will help alleviate California’s mounting housing crisis, the legislation will begin to impact homeowners and developers at …

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Biden’s Tax Plan

Seller News / By

President Biden unveiled a $3.6 trillion tax plan earlier this year that could have significant tax implications for real estate investors, inheritors, and married couples making $509,300 or more a year, or single individuals making $452,700 or more a year. The plan still needs to be approved by Congress and has already received significant pushback …

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Moving Homes? Here’s What You Need to Know About Prop. 19 in California

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Proposition 19, which passed in the November election by a slim majority in California, will implement a number of key changes to how you can — or can’t — retain your property tax benefits after selling or transferring your home. Major provisions in the legislation begin going into effect February 2021, but Prop. 19 won’t …

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Finding your home starts with arming yourself with knowledge. As highly educated professionals local professionals, we’ve taken time to thoroughly research, detail, and explain the nuances of the different neighborhoods in our areas.

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