Mindblown: a blog about philosophy.
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California Home Buying Myths: Fact or Fiction? | A Real Estate Professional serving Silicon Valley since 1993
Expensive properties don't always yield strong cash flows or significant appreciation due to high costs. Small property owners face zoning laws, tenant protections, and costly property modifications alike.
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Things Homeowners Should Check in Winter | A Real Estate Professional serving Silicon Valley since 1993
Protect Pipes: Insulate exposed pipes to prevent freezing and bursting during cold weather. Seal Air Leaks: Check windows, doors, and outlets for gaps to save on heating costs.
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California’s plan to stabilize its home insurance market is now law. Will it work?
California has enacted a law aimed at stabilizing its home insurance market, focusing on encouraging insurers to cover more homes in fire-prone areas and to resume writing new policies across the state. Continue to full article
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Priciest to Buy a House by 2030: California | A Real Estate Professional serving Silicon Valley since 1993
Projected average home price: over $1 million by 2030. High demand due to robust job market.
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Senator Arreguín Introduces Accessory Dwelling Units Bill
Senator Jesse Arreguín has introduced SB 9 to facilitate the development of accessory dwelling units (ADUs) by eliminating the requirement for property owners to reside on-site. This bill aims to address housing displacement and increase housing availability in California. Supporters highlight the growing popularity of ADUs as a solution to the housing shortage, with nearly…
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Bay Area Housing Market: Prices, Trends, Forecast 2024-2025
The Bay Area housing market remains strong, with significant year-over-year price increases and robust buyer interest. In March 2024, the median sold price for single-family homes reached $1,386,500, marking a 15.5% rise from the previous year. While sales activity surged 31.7% month-over-month, there was a 5.4% decline year-over-year. Regional trends show varying price increases across…
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Why Buying a Home in California Outweighs Renting | A Real Estate Professional serving Silicon Valley since 1993
With a rental cost of $161 per 100 sq ft, California has one of the highest rental prices in the US, with avg rents ~$3K/mo. California homes are spacious, averaging 1,860 sq ft, but buying a home offers better long-term value than renting.
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California Realtors Predicting a Rosier 2025 | A Real Estate Professional serving Silicon Valley since 1993
Home Sales Increase: Projected rise of 10.5% in single-family home sales, reaching 304,400 units in 2025.Price Growth: Median home price expected to rise 4.6%, reaching $909,400 in 2025 due to high demand.
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California: Positive Outlook for 2025 | A Real Estate Professional serving Silicon Valley since 1993
Home Sales: Projected to increase by 10.5%, reaching 304,400 units as interest rates drop and more homes enter the market. Median Home Price: Expected to rise 4.6%, bringing the median price to $909,400, supported by high demand and limited supply.
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California RHNA: Balancing Act Continues | A Real Estate Professional serving Silicon Valley since 1993
California's RHNA process has not balanced housing supply with demand or improved affordability significantly.The current RHNA quota requires 1.3M new homes by 2029, based on outdated population projections.
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