Seller News

March 2023 Inflation, Interest Rates and Q1 Market Stats

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?

  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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Biden’s Tax Plan

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

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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