Actors Jeff and Beau Bridges, along with their sister, own a four-bedroom Malibu home with access to a semi-private beach and panoramic views of the Pacific Ocean. They inherited it from their mother, who had owned the house since the late 1950s when their father Lloyd Bridges first made it big in Hollywood. Earlier this […]
May 7 – CVAR At A Glance
Featured Classes and Events CVAR joined 2,500 REALTORS® in Sacramento for Legislative Day last week to stump for homeownership and property rights. Go to www.cvarrac.net to find out how you can be involved! May 7 | CRMLS Free Training – CVAR HQ May 7 | Understanding Disclosures – CVAR EAST May 9 | New Member […]
California’s Controversial Proposition
Thanks to Proposition 13, homeowners who bought back in the late ’70s-’90s are often sitting on impressive equity gains, and have their tax basis capped at no more than a 2% increase over the initial purchase price (plus any improvements). This is the tax structure that enabled situations such as Newport Beach’s Lido Isle, where […]
Jan. 22 CVAR At A Glance
Featured Classes and Events CLICK for more on the Jan. 31 Commercial Investment class at CVAR! Register now for one of the most exciting events for real estate professionals–still only $19! READ MORE Jan. 22 | CRMLS Training – CVAR East Jan. 22 | Broker/Sales License Cram Jan. 24 | Plan for 2018 Changes Jan. 26 […]
Modifying Prop 13 Could Help
Mark Powell with the Greater San Diego Assn. of REALTORS makes a case for making changes to Proposition 13, the 40-year-old California property tax law. California’s Proposition 13 was designed to stabilize property taxes in an effort to make housing affordable, especially for seniors living on fixed incomes. Unfortunately, the same law could now be […]
CA Housing Issues to Watch in 2018
Rising rents and home prices forced California’s housing crisis to the front of Gov. Jerry Brown’s and lawmakers’ agenda in 2017. Legislators passed the most comprehensive package of housing bills in recent memory designed to increase spending on low-income development and encourage more construction in general. But the bills, according to independent analyses, won’t do much to make […]