In real estate, a 1031 exchange, (also known as a like-kind exchange), enables the deferral of capital gains taxes from the sale of investment properties by reinvesting funds into replacement properties. A 1031 exchange is a popular financial growth strategy for real estate investors, who can benefit from significant tax savings initially, and potentially.
However, home prices were up 16%, and new listings posted their first year-over-year decline since February, which could signal a tightening market. The median price of homes sold in August was $380,271, up 16% from a year earlier, the lowest growth rate since February. August marked the 13th consecutive month of double-digit price gains. California median home prices set a new all time high of $827,940 up 17.7% year over year.
That is only the beginning. Let us know what you think? Today's real estate agents are pulling double duty as therapists, consoling heartbroken homebuyers who lost out on their fifth-or 15th-home. First-time homebuyers around the country are being outbid by investors-some of whom are willing to pay more than $100,000 over asking price.
However, home prices were up 16%, and new listings posted their first year-over-year decline since February, which could signal a tightening market. The median price of homes sold in August was $380,271, up 16% from a year earlier, the lowest growth rate since February. August marked the 13th consecutive month of double-digit price gains. California median home prices set a new all time high of $827,940 up 17.7% year over year.
That is only the beginning. Let us know what you think? Today's real estate agents are pulling double duty as therapists, consoling heartbroken homebuyers who lost out on their fifth-or 15th-home. First-time homebuyers around the country are being outbid by investors-some of whom are willing to pay more than $100,000 over asking price.
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The consequences of making the wrong decision are painful.
If you price your home too low, you will give away thousands of dollars that could have been in your pocket.
Price it too high, and your home will sit on the market for months, developing the reputation that there is something wrong with the property.
Setting the proper asking price for your home is the single biggest factor that will determine the success or failure of your home sale.
The amount of money you need to get out of the sale of your property does not effect its value.
If you price your home too low, you will give away thousands of dollars that could have been in your pocket.
Price it too high, and your home will sit on the market for months, developing the reputation that there is something wrong with the property.
Setting the proper asking price for your home is the single biggest factor that will determine the success or failure of your home sale.
The amount of money you need to get out of the sale of your property does not effect its value.
If you have never been in escrow before, you really have no idea what to expect; even if you have been through an escrow, no two are exactly alike.
We make every effort to make your escrow go smoothly and to keep you informed as we move through the process.
This chart gives you the basic structure of an escrow transaction.
We make every effort to make your escrow go smoothly and to keep you informed as we move through the process.
This chart gives you the basic structure of an escrow transaction.
If you are interested in buying Real Estate in Ventura County, we are ready to assist you!
Whether you are a first time home buyer or an investor, new to the area or lived here all your life, this is an excellent place to begin your search for property.
We service Ventura, Camarillo, Oxnard, Ojai, Carpenteria and the surrounding areas.
Beyond the numbers: What it takes to qualify for real estate purchase: Buying Ventura Real Estate.
Figuring out whether you qualify for a home loan, how much house you qualify to buy, and if not, what steps you need to take to get qualified is not a do-it-yourself deal, people.
Whether you are a first time home buyer or an investor, new to the area or lived here all your life, this is an excellent place to begin your search for property.
We service Ventura, Camarillo, Oxnard, Ojai, Carpenteria and the surrounding areas.
Beyond the numbers: What it takes to qualify for real estate purchase: Buying Ventura Real Estate.
Figuring out whether you qualify for a home loan, how much house you qualify to buy, and if not, what steps you need to take to get qualified is not a do-it-yourself deal, people.
Berkshire Hathaway HomeServices California Properties has more than 60 offices and 3000 real estate professionals to serve you.
Berkshire Hathaway real estate professionals are ranked as "the most productive agents in Southern California" because we promote a performance culture.
Gary, Lisa and Lindy are certainly a high performing team!
They have received the Chairman's Circle Award for 2009, 2010, 2011, 2012 and 2013, honoring the top 2% of all Berkshire Hathaway agents.
Berkshire Hathaway HomeServices California Properties is one of the top 5 brokerages in the nation, providing it's real estate professionals with access to the latest technology and training.
Berkshire Hathaway real estate professionals are ranked as "the most productive agents in Southern California" because we promote a performance culture.
Gary, Lisa and Lindy are certainly a high performing team!
They have received the Chairman's Circle Award for 2009, 2010, 2011, 2012 and 2013, honoring the top 2% of all Berkshire Hathaway agents.
Berkshire Hathaway HomeServices California Properties is one of the top 5 brokerages in the nation, providing it's real estate professionals with access to the latest technology and training.
Searching for a home in Ventura County?
You have chosen an excellent starting place.
Your real estate professionals, Gary and Lisa Schoeffler and partner Lindy Matheney, are here to help you find the home you've always wanted, guaranteed!
We pride ourselves on our honest character, loyalty and insider knowledge.
We have great comprehension of the market in Ventura, Oxnard and Camarillo, CA.
Gary, Lisa, and Lindy are veterans of the real estate business, with numerous awards and long-lasting relationships all over California and we are also affiliated with BerkshireHathaway Home Services California Properties.
You have chosen an excellent starting place.
Your real estate professionals, Gary and Lisa Schoeffler and partner Lindy Matheney, are here to help you find the home you've always wanted, guaranteed!
We pride ourselves on our honest character, loyalty and insider knowledge.
We have great comprehension of the market in Ventura, Oxnard and Camarillo, CA.
Gary, Lisa, and Lindy are veterans of the real estate business, with numerous awards and long-lasting relationships all over California and we are also affiliated with BerkshireHathaway Home Services California Properties.
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