Category: Uncategorized

Buying a home requires financial planning and should not be considered solely as an investment. It is advisable to keep housing costs below 31-40% of income and to use a mortgage calculator to determine affordability. Improving credit scores can lead to lower mortgage rates. Homebuyers should be prepared for additional costs like property taxes and…

California's housing market faces challenges in 2024 due to rising mortgage rates and a persistent lack of inventory. Price predictions suggest a modest increase in median home prices. Factors like interest rates and emerging trends such as iBuyers and shifting demographics will impact the market. Policy changes, like rent control and regulations on short-term rentals,…

Santa Clara County's total assessed property value has risen to $696.8 billion, a 5.4% increase from the previous year. However, this growth is insufficient to meet the escalating costs of services due to fewer property transfers and a decrease in new construction, especially in commercial properties. This results in less property tax revenue, affecting services…

Property tax assessments are rising quickly in Santa Clara County cities, driven by major tech companies. Mountain View leads with the highest property value growth, followed by Santa Clara. Despite the increase, there are fewer residential transactions and challenges in the commercial real estate market. Google's cancellation of a large office project in Mountain View…