Keep your Eye on the Market

California home sales had their largest decline since 2014. In Southern California, home sales are off double digits. It is suggesting a softening of prices at the upper end. Looking at the 5 YEAR housing report for San Diego, here’s what stands out as the most significant...

Yes, but only after you have sold it because improvements add to the basis of your home Remember your gain is defined as your home’s selling price, minus deductible closing costs, minus your basis. ...

Five wildfires over the past 14 months, with November’s Camp Fire the most devastating, have destroyed nearly 21,000 homes across six counties. That total is equivalent to more than 85 percent of all the new housing built....

If you’re home shopping this winter and feeling frustrated, know that market inventory tends to hit a dry spell this time of year. But don’t fret: There are still deals out there. While everyone else is distracted by ski trips, hot cocoa and watching Elf...

The bill for closing costs is the final hurdle between home buyers and their new homes, and it can represent a surprising chunk of money. Closing fees run between 3% and 6% of the mortgage; that’s around $18,000 to $36,000 on a $600,000 home....

Buying a home wasn’t always this expensive. The average income-earner needs to spend a significant portion of their income on mortgage payments in order to buy a home pretty much anywhere in the U.S., but this ratio is exorbitant in California. In fact, the top home-price-to-household-income...