Porter Ranch Porter Ranch is an affluent neighborhood in the northwest region of the San Fernando Valley region of the city of Los Angeles, California. The neighborhood is bounded by Brown’s Canyon/Chatsworth on the south and west, Northridge on ... » Learn More about Porter Ranch
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Agoura Hills
Agoura Hills Agoura Hills is a city in Los Angeles County, California. Its population was estimated to be at 20,843 in 2014, up from 20,537 at the 2000 census. It is in the eastern Conejo Valley between the Simi Hills and the Santa ... » Learn More about Agoura Hills
Hidden Hills
Hidden Hills Hidden Hills is a city and gated community in Los Angeles County, California. It is located next to the city of Calabasas and is located in the west San Fernando Valley. It is notable for being home to many actors and celebrities. ... » Learn More about Hidden Hills
Our Latest Posts
San Fernando Valley Real Estate Market Update March 2024
The mortgage rates have had gyrations over the past few months, presently just under 7% for the 30-year fixed. The buyer base is getting accustomed to the higher rates, but rates still affect the affordability, especially when paired with the property values going up. In a normal housing economic environment, the housing prices would beRead more “San Fernando Valley Real Estate Market Update March 2024”
Mortgage Rate Update Update March 22 2024
Last Wednesday the Federal Reserve had its March FOMC meeting and left the Fed Funds Rate alone at 5.25%-5.5%. They believe the inflation rate is still moving in the right direction, but the January and February higher inflation rates appear to be seasonally prone to err. Chair Powell reiterated the Fed will be keeping theRead more “Mortgage Rate Update Update March 22 2024”
How The Real Estate Sales System Will Change Post NAR Settlement – Pros and Cons
The real estate business model, how buyer and seller representation is constructed, commissions paid, and transactions negotiated is presently in a period of transition. I’m not going to get into the weeds on the seller and buyer lawsuits, the DOJs reneging on a prior negotiated agreement, etc. I’ve been following the legal wrangling for overRead more “How The Real Estate Sales System Will Change Post NAR Settlement – Pros and Cons”
How You Can Be Broadsided By Taxes When You Sell Your Home With A Home Office
When the pandemic hit, seems like everyone started working remotely, and created a home office. The IRS lets us write-off that portion of the home for business use. I’m not going to get into the methods or calculations for the deduction, but the tax implication when that home is sold. Depreciation recapture comes into playRead more “How You Can Be Broadsided By Taxes When You Sell Your Home With A Home Office”