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Home Prices at All Time Highs in Santa Clara County but NOT in San Mateo County
San Mateo and Santa Clara Counties Break Records- Home prices for San Mateo and Santa Clara Counties combined are at all time highs, surpassing the $2-million mark for the past consecutive months. The average single family (SF) home now sells ...
Cooling Labor Market Sets Up September Interest-Rate Cut
September Interest-Rate Cut. The July 5th job reports showed solid hiring in June, plus signs the US labor market gradually cooled in Q2. Unemployment edged up to 4.1% while increases in hourly earning are slowing down. This all could lead to ...
Buying a Home and RSUs in the Bay Area
I know that home prices seem like they are out of control; the average single family home in San Mateo County is selling for $2,700,000. While that may seem insane to most people, Restricted Stock Units (RSUs) make it possible. Homes in the r...
Dow Jones Index VS Home Prices : What’s Appreciating Faster?
When Bay Area clients ask me where are home prices are headed, I love to tell them to look to the stock market—where it goes, home prices will follow. This, of course, makes sense because majority of first-time homebuyers get their down payme...
How to Reduce Capital Gains Tax When Selling Your Home
2 Strategies on how to Avoid or Reduce Capital Gains Tax In our previous blog about avoiding Capital Gains Tax, we discussed how Bay Area single family homes have about quadrupled in value over the past 25 years. In 1999, the average single-fa...
How to Avoid Capital Gains Taxes When Selling Your Home
2 Strategies on how to Reduce or Avoid Capital Gains Taxes Bay Area single-family homes have about quadrupled in value over the past 25 years. In 1999, the average San Mateo County single-family home sold for around $600,000. Today the average...
838 Seminole Way : The house that “checked all the boxes”
838 Seminole Way attracted an impressive total of 17 offers—a testament to its appeal. Initially listed at $2,098,000, the demand for 838 Seminole Way exceeded all expectations, ultimately fetching a remarkable $2,610,000 upon sale. Highli...
IRS Rules on Minimum Interest Rate to Charge on Personal Loans
You probably know that when you make a personal loan to someone there is a maximum interest rate that you can charge. If you charge too much, that's usury and that makes you a loan shark. Loan Sharks go to jail, and you don't want to go there! ...