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Market Conditions in California : Real Estate Advice

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Activity 3,435
Yesterday at 7:36pm
staceysfiles asked:
That does not make for a very accurate picture of current market trends, does it?
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Yesterday at 3:16pm
Ib24k answered:
The question is about commercial property not residential. In commercial the listing agent is paid by the seller and shares nothing with the buyers agent if any. The buyers agent must negotiate a separate commission or fee paid by the buyers in addition to the cost of the property. Before financial information is disclosed you will be required to sign a non disclosure and commission agreement with the buyers agent stating such or no information will be provided. The buyer has no control over the listing agents commission as it is already contracted and included in the price. The buyers agent usually will charge 2 to 5 % and in addition to providing financial info on the property will hopefully help find hidden value in those financials which equates into value for the buyer. Many buyers have no idea how to value an income commercial property much less how to find or increase value. ... more
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Thu Feb 8, 2018
Martin Seebach asked:
We are surrounded by hills which in some cases cannot be built upon. In other cases valley dwelling folks have gotten laws passed to protect the views which has a collateral effect of protecting…
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Sun Dec 17, 2017
Westopforeclosures2 asked:
When i am in trulia and search for a city and then click on market trend. When i point my mouse pointer on that area why is it not showing the zip code, and only the average sq / ft?
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Thu Dec 14, 2017
Sheila Metzger asked:
I have used that information for many years doing market analysis, tailored specifically for each zip code in Kern County; especially, the number of homes in the "Auction, Pre-foreclosure…
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Thu Dec 14, 2017
Donald Smith asked:
Market trends have not been updated recently. The most recent data is from August 2017. It is now mid-December.
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Tue Nov 21, 2017
Michael S. Mejia answered:
It has been an absolute nightmare dealing with William Lyons. I would not recommend buying a new home through them. You might have better luck buying a resale WL home that has been repaired by the homeowners. They have a very limited warranty and use very cheap appliances that may look new/modern but don't last and work horribly. The workmanship is very poor and many items will wear and break within a 1-3 year time period. Within one year we had a crack form inside of the freezer part of our fridge. Within 2 years the transmission blew in the "brand new" washer that we purchased with the home. The dishwasher is the worst I have ever seen and leaves a residue on my dishes and that is with me basically hand -washing the prior to loading. Our gate was never repaired correctly and constantly gets stuck and now we have a whole panel of brick next to the gate that has come loose. We also have stucco issues. The carpet on our stairs is coming completely de-tached from the steps. I had to fight for them to fix a door bell problem that was due to poor electrical. Nothing else on this list they were willing to fix even after I filed a complaint with the BBB. I am at the point at looking into a possible class action law suite that I have heard from neighbors that they have joined. We live in Arizona and many of our neighbors have also had a very bad experience. You have been warned!! ... more
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Wed Nov 15, 2017
Gwen Christie answered:
Wow! Lots of verbiage going on here! Assessed value is determined by your county (or local taxing authority) to base the property tax assessment on. You get to pay what the tax assessor determines as the house assessment times the local assessment ratio to equal your tax amount. This only loosely relates to market value. Market value is what a willing buyer and willing seller agree is a fair and reasonable price for the property on an open market. So the deal is to get as high a market price as you can for your property but to keep the assessed value low so you can have as low a tax as possible. ... more
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Sun Nov 12, 2017
Auyeunfm asked:
Sat Nov 11, 2017
Nicole Fedorchek answered:
Trump's plan eliminates the tax advantages of home ownership. As a Realtor, I oppose this plan! It is unforeseen what impact it will have on the market.
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Sat Nov 11, 2017
Donald Smith asked:
I have been checking for weeks, and the data for my zip 95370 stops in August 17. It is now 11/11. When is the data for September (and October) going to be posted?
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Fri Nov 3, 2017
Susie Kay answered:
Commission is negotiable. You can ask two different agents and the commission is different from one agent to another.
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Tue Oct 31, 2017
Rjmescher asked:
The last market trend update for Truckee, CA was 08/23/2017. Why has it not been updated more recently?
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