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The Spring Housing Market lost 207,000 new listings
The spring housing market is shaping up to be the leanest and most competitive ever. A sharp drop in new listings partly due to severe weather, combined with already record-low supply, will make it increasingly difficult for buyers to find their dream home at the perfect price. There were nearly half as many homes for […]
Roy Wang
Charity was lovely to work with! She was very friendly and helpful throughout the entire process. I felt very comfortable working with her and Icon Escrow. I also definitely appreciate Icon Escrow’s policy for verbal confirmation before initiating wires, because I was the target of a wire fraud scam! Without their policy, I may have […]
CA Homestead Exemption Increase
The homestead exemption protects a specific dollar amount of a homeowner’s home equity from his or her creditors. In California, the California homestead exemption amount of protection is substantially increasing as of January 1, 2021. This increase in protection makes it much more likely that homeowners in financial difficulty can keep their homes. HOW DOES […]
Proposition 19
How did the ballot measure change the rules governing tax assessment transfers? Proposition 19 changed the rules for tax assessment transfers. In California, eligible homeowners could transfer their tax assessments to a different home of the same or lesser market value, which allows them to move without paying higher taxes. Homeowners who were eligible […]
45 Niche Markets in Real Estate
45 NICHE MARKETS IN REAL ESTATE Chances are if you’ve been in real estate more than five minutes, someone has told you to find your niche. As with many things, it’s often easier said than done. Let’s look at niche marketing in a different light. Think it as a way to start a meaningful conversation […]
Real Estate Marketing Flyer Ideas
Real Estate Marketing Flyer Ideas NO FLYERS IN YOUR REAL ESTATE FLYER BOX? 49% of home buyers reference real estate yard signs during the home search process according to 2017, 2018, 2019 NAR Home Buyer Survey, and Zillow. YARD SIGNS ARE THE #3 SOURCE TO FIND HOMES BY BUYERS. Many realtors will use real estate brochure […]
Top Five SOI Marketing Ideas
TOP FIVE SOI MARKETING IDEAS ARE YOU STAYING MEMORABLE AND RELEVANT TO YOUR SOI (SPHERE OF INFLUENCE)? What was the last interaction they had with you or your brand? This is a critical question you should periodically ask yourself. When you consider the high quality of business that comes from your SOI (direct or referral), […]
Impact of COVID-19 on the Los Angeles Housing Market
The shutdown has had an impact on the California economy and the real estate sector well. Southern California home sales fell 26.6% in April compared with a month earlier, while year-over-year sales were down by 31.5%. The median sold price of existing single-family homes in the Los Angeles Metro Area was $550,000, a year-over-year increase […]
Los Angeles Real Estate Market Forecast 2021
What are the Los Angeles real estate market predictions for 2021? Let us look at the price growth recorded by Zillow. Since 2011, the median home price in Los Angeles, on Zillow, has increased by 96% (from $392,000 to $768,046). Similar growth has been recorded by NeighborhoodScout.com as their data also shows that in the […]
Los Angeles Housing Market
We will discuss the latest Los Angeles housing market prices and trends. Due to coronavirus home sales dropped over the past couple of months but prices remained high and in June, we saw the first rebound in home sales. In September, all the six counties of the Southern California houisng market saw an increase in […]