Community Partners Realty Giving Back to Laguna Beach
Community Partners Realty Giving Back to Laguna Beach!
Just in time for the holidays!
Affordable Lake Towns
Affordable Lake Towns
California makes Top 10 List of Affordable Lake Town Properties
According to Realtor.com, California’s Clearlake comes in at number 6!
Here’s the rest of the list:
- Branson, MO (median list price: $205,900)
- East Stroudsburg, PA (median list price: $187,000)
- Port Clinton, OH (median list price: $259,900)
- Jamestown, NY (median list price: $59,900)
- Alexandria, MN (median list price: $288,900)
- Clearlake, CA (median list price: $219,900)
- Spirit Lake, IA (median list price: $315,000)
- Mountain Home, AR (median list price: $174,900)
- Baraboo, WI (median list price: $189,900)
- Sandpoint, ID (median list price: $429,000)
See the entire article here: Top Affordable Lake Towns
First-Time Homebuyer Tax Credit
First-Time Homebuyer Tax Credit
California
First-Time Homebuyer Tax Credit
Introduced by Assembly Member Blanca Rubio
AB 1590 sponsored by California Association of Realtors
If this legislation passes, $50 million, by way of immediate tax levy, will be allocated.
Tax Credit:
In an amount less than or equal to the lesser of 3% of the purchase price or $5,000
Homebuyer Requirements:
- Homebuyer must have never owned a home
- Buyer currently earns 120% or less than the area median income
- The home purchased in a state-designated disadvantaged community
- The home purchased between January 1, 2020 and January 1, 2023.
Assembly Revenue and Taxation Committee hearing scheduled for April 29, 2019.
This post will be updated as new information and status of AB 1590 become available.
Laguna Beach Real Estate Market Trends July 2018
Laguna Beach Economy
The Laguna Beach unemployment rate is 3.3% below the US average of 5.2%
The Laguna Beach job market has increased by 2.3% over the last year. Job growth over the next ten years is expected to be 41.2% which is higher than the US average 38.5 Source Best Places
Laguna Beach Residential Real Estate Sales
At the time this Laguna Beach Market Trends was published there were 242 single family homes for sale in Laguna Beach.
Last year at the same time there were 158 single family homes for sale.
Laguna Beach Homes, Average Days on Market to Sell a Home
The average Laguna Beach home took 58 days to sell in 2017. The year to date average to sell your Laguna Beach home is currently 68 days. It is taking approximately 10 days longer to sell your Laguna Beach home in 2018 than it took in 2017.
Laguna Beach Homes, Historic Count of Sales by Month
Home sales in Laguna Beach appear to be in line with our historical four year average.
Laguna Beach Homes Original Asking Median Price vs Selling Median Price
This graph shows the relationship between the original asking median price and the selling median price of properties in the city of Laguna Beach. Contact Martin Bressem for an accurate up to the day analysis on your property. If you would like to receive monthly Laguna Beach Market Trends, please register on our Laguna Beach Market Trends Page.
My Conclusion for the Laguna Beach Real Estate Market
Based on the inventory available current pricing gains the number of sales, and interest rates it is a seller’s market.
The Laguna Beach economy is continuing to grow showing strong demands for real estate investing.
When you’re ready to buy or sell Laguna Beach Real Estate call Martin Bressem for a complete analysis of your investment.
Martin Bressem has 25 years of experience handling real estate investments. He is a broker in CA, AZ, & NV. His qualifications extend well beyond the average Realtor. He is also a licensed general contractor and mortgage broker. 800-293-7355
