Category: Uncategorized
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A Real Estate Professional serving Silicon Valley since 1993 | California’s Coastal Areas Could See More Density Housing
A new bill in California aims to increase housing accessibility in coastal neighborhoods. It seeks to eliminate their exemption from a state law allowing developers to increase density.
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California is giving up to $150,000 to help first-time homebuyers
Applications are open for California's down payment assistance program, Dream For All, offering $250 million to first-time homebuyers. Eligibility criteria include being a first-time homebuyer, California resident, and meeting income and credit score requirements. The program provides a shared appreciation loan of up to 20% of the home's purchase price. Applicants must complete homebuyer education…
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Cupertino’s blueprint for housing close to approval
Cupertino is close to securing approval for its housing plan after state clearance, despite being late. The plan includes building 4,588 homes by 2031, with 1,880 being affordable. The city faced legal battles due to noncompliance but is now working towards meeting housing requirements. Continue to full article
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A Real Estate Professional serving Silicon Valley since 1993 | Is 2024 a Good Time to Buy a 3-Bed House in California?
In California, a 3-bedroom house averages $600K, but prices vary, with cities like SF and LA surpassing $1M. In 2024, California's housing market remains competitive; low mortgage rates and high demand favor some buyers.
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A Real Estate Professional serving Silicon Valley since 1993 | 5 Interesting Facts to Consider When Deciding to Buy in California
Timing is crucial in California's volatile Real Estate market, impacted by factors like interest rates and economic conditions.Interest rates significantly influence home affordability, requiring monitoring for optimal decision-making.
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A Real Estate Professional serving Silicon Valley since 1993 | Santa Clara County Market Update
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A Real Estate Professional serving Silicon Valley since 1993 | California: 2024 Affordable Home Insurance Leader
California is an affordable state for home insurance at $1,380/ yr. Experts anticipate home insurance rates to be 10%-15% higher in 2024.
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A Real Estate Professional serving Silicon Valley since 1993 | Low-Income Homebuyers in California: Here’s What You Need
CalHFA allows financing up to 96.5% of the home's purchase price with low down payment and lenient credit requirements. CalHFA assistance programs: – MyHome: Provides up to 3.5% deferred-payment junior loan – School Program: Aids K-12 teachers – ECTP: Assists teachers with down payment
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California Mortgage Relief Program Announces Final Funding Phase and Urges Homeowners to Apply Now
The California Mortgage Relief Program has been successful in preserving homeownership opportunities for vulnerable populations, ensuring they have a chance to build a secure future. Continue to full article
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A Real Estate Professional serving Silicon Valley since 1993 | First-Time Buyers Beware: NAR’s $418M Settlement
The settlement aims to shift commission responsibility to buyers, potentially reducing costs for sellers in the process. Legal experts anticipate negotiations over commissions, which may pose challenges for both agents and first-time buyers.