Economy

March 2020 Prop 13 Analysis – Will it change your property taxes?

https://youtu.be/AuOO0kvnxQQ   REVISED Prop 13 – An Analysis by Aaron Zapata, MBA (PLEASE COMMENT AND SHARE) NOTE: Thank you to those that provided me more data for me to review. I’ve updated my video and posting to reflect this information.There are two votes taking place this year: In March we are being asked to approve a $15 Billion Bond for our schools. In November we are...

Orange CA Real Estate Market Update

According to a recent Pacific West Association or REALTORS(R) report provided to its members, the Orange CA Real Estate market has slowed down compared to the same time last year. According to the report, the total Pending Sales for September 2016 dropped 50% compared to the same time last year. Closed sales increased 9.2% and the Total Supply of homes increased 21.2%. This info only shows a...

Yorba Linda Real Estate Market Update

According to a recent Pacific West Association or REALTORS(R) report provided to its members, the Yorba Linda Real Estate market has slowed down compared to the same time last year. According to the report, the total Pending Sales for September 2016 dropped 53.4% compared to the same time last year. The number of closings dropped 34.1% and the Total Supply of homes increased 22.5%. This info only...

It’s Shoulda Woudla Coulda Time! Thoughts on Home Prices

It’s Shoulda Woudla Coulda Time! © Aaron Zapata In the years from 2008-2010 I had too many conversations about how “bad” the market was…way more than I care to admit. It was non-stop, as homeowner after homeowner lamented about how far home prices had fallen. The phrases below were so common they have been etched in my brain forever. “Man! I wish I would of known!” “Oh, if I had known,...

NAHB Reports Importance of MID on Your Home

There's been lots of talk of mortgage rates and tax credits and cuts in the news lately and it can be hard to understand how it all applies to you and your home. A recent analysis by economists at the National Association of Home Builders (NAHB) on the mortgage interest deduction (MID) delves into how this particular tax provision benefits homeowners. Scrutinizing data collected by the IRS and the Census...

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