Amy's Blog
New Real Estate Laws in California for 2025
Here are new real estate laws in California for 2025. The first two actually started in 2024, but they are worth repeating. Buyer-Broker Agreement Requirement If you want to work with a real estate agent to buy a home, a Buyer-Broker agreement must be signed before...
If Your House Burns Down, Do You Still Have to Pay Your Mortgage?
If you lose your house in a fire… the mortgage doesn’t just disappear. You are still obligated to make loan payments. But lenders may offer you short term relief in the form of mortgage forbearance. Lenders offer different options, and you should contact your mortgage...
2023 Real Estate Mid Year Analysis
If you check out the graph in the video, you will see the black line, which represents home prices in 2023, falls below both 2022 (green) and 2021 (red) home prices. However, follow...
The “More Homes on the Market Act” Could Help Homeowners New More Capital Gains If Passed
On March 1st, bill HR 1321 was introduced in the US House of Representatives that would increase the capital gains exemption for primary residences. Currently, if you sell your primary...
The Fed’s June 14th Meeting Resulted in Another Rate Hike for Real Estate
As expected, the Fed met on June 14th and announced that they would not raise the Fed Fund’s rate. However, Jerome Powell made it clear that this is not the end of the rate hikes. As...
South Bay Real Estate Market Predictions
The South Bay real estate market is changing. And although it’s not reflected in the statistics yet, I will tell you anecdotally that there is a shift in the winds. Due to rising interest rates, many buyers are suffering from sticker shock; they are getting priced out...
Just Listed | Santa Monica Condo | 2325 Kansas Ave, #9
A fabulous condo in Santa Monica is waiting for you. This 1 bedroom, 1 bathroom condo packs a big punch. A well laid out floor plan makes the 650 sq feet feel way bigger than the number suggests. High ceilings and lots of windows allow for a light and airy ambience....
South Bay Real Estate Stats for Week Ending March 21, 2021
Inventory remains tight and homes are moving at a fast clip. You have one weekend to see properties before offers are due, reviewed and accepted typically at the beginning of the week.
Does that Come with the House? What’s Actually Included.
When buying a home, people typically make certain assumptions regarding the items in the house that are included with the property. In the same vein, sellers make assumptions on what they will take with them. Of course, the seller's sofa and dishware will go, but...
Helpful Financial Information on COVID-19
We are a few weeks into the stay at home order in California while we deal with COVID-19. As we continue to adjust to this new reality and stay healthy, I wanted to update you on some accommodations that have been made locally and statewide to help people during this...
Insurance – Quick Tip for Landlords
When renting a property, it's important to know what type of insurance should be put in place. If you were living in a home and then decided to move out and rent it, make sure that you change your homeowner's policy to a landlord's policy. It makes a big difference...
The Truth About Arbitration in Real Estate
If you ever made an offer on a property in California, you have read an Arbitration Clause. This clause only becomes a part of the contract if both buyer and seller agree to it, meaning they both initial the clause in the contract. And more than likely your agent told...