by Jodi Summers Close to 80% of the 41 million Americans age 65 and older are considered homeowners.  This is highest percentage of all age groups. Of those senior homeowners, approximately 70% have paid off their mortgage, according to the Consumer Financial Protection Bureau. The amount of mortgage debt tends to hover around 30%, but […]

SAVE THE SANTA MONICA CIVIC AUDITORIUM
JANUARY-Calendar1

by Jodi Summers As those in the real estate industry know, home prices fall in the cold, dark days of winter as buyers pay off the holiday spending spree, and stay warm watching football playoffs. According to sales data analysis of the Toronto housing market by TheRedPin.com realty service, home prices averaged $22,338 less in […]

by Jodi Summers At Silicon Beach you have .COM millionaires and real estate millionaires. To become a real estate millionaire, you start by buying a home in Los Angeles County, then you watch it appreciate. Here’s how it works: in November 2013, the average price of a home in L.A. was $424,500. Twelve months later, […]

edited by Jodi Summers Ok…so you didn’t snap up one of those new model condos with the smart pad in the wall and electronics that respond to voice command. We live in a smart world, so instead of paying that extra 5% for the I-pad in the wall…with a little ingenuity, any old home can […]

edited by Jodi Summers Love your old house and the story it has to tell? Looking to save on property taxes? You should know about Mills Act benefits. Mills Act Contract The Mills Act is a California State law that enables cities to enter into contracts with property owners of qualified historic structures. Mills Act […]