Real Estate February 2015
Real Estate Market Feb 2015
The National Association of Realtors latest report on the housing market shows that home sales rose a modest 1.2% in February.
The home sales, inventory remains very tight and is limiting the selection of homes for first-time buyers. Last month the home sales inventory was down by half a percent. At this time of year the inventory of homes for sale should be averaging about 5.6%, according to the National Association of Realtors. Read more 
San Diego California Real Estate
San Diego California real estate
Bob Schwartz San Diego real estate broker with over 30 years of residential real estate experience. – CA Lic. # 00706331
Put Bob’s 30 years of residential real estate experience to ensure that my clients achieve the best possible price marketing or selling residential real estate in the San Diego California real estate market! Read more
New California Real Estate Tax
New California Real Estate Tax proposal
New California Real Estate Tax
Well, saying that this is a new California real estate tax is not entirely accurate. What it is is a new proposal for a fee on all real estate sales in California.
Now, not being a lawyer, I’m not really sure what the difference is between a fee and a tax. But, the bottom line for this proposal is that if it is passed, every time a property transfers ownership, the state will collect this fee.
Pretty much my take on this is that every time California creates one of these new taxes or fees, they always start out low. Kind of like our gas tax and then slowly increase over the years. Read more