WIREassociates

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Can you sell a rental and exchange into houses your adult kids live in? Yes. Nothing in the code says your tenant has to be a stranger. But there is a landmine, and it catches the generous parents rather than the aggressive ones. #1031exchange #realestateinvesting #generationalwealth #californiarealestate

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September is usually when the median home price slips. In Southern California, three counties went up and three went down. Orange County's single family median climbed about $26,000 in a month. San Diego is up 7% from last year. Riverside condos sit 13.1% below their peak. The number that tells you where prices go next isn't in this clip. Full September report at the link in bio. #SoCalHousingMarket #OrangeCounty #HousingMarket #RealEstate

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Homeowners with 3% mortgages aren't selling. Rick Sharga ran the numbers. A $300,000 house at 2%, or a $400,000 house at 7.5%. Would you give up your rate? Full breakdown at the link in bio. This is not meant to be a solicitation of a property currently under contract. This is not meant to be legal or tax advice, please consult with the appropriate professional. We are licensed to sell real estate in California (if you need help elsewhere, we can help find a good broker, let us know), CalDRE #01804983. Berkshire Hathaway HomeServices California Properties (# 01317331) #mortgagerates #realestate #housingmarket #homeowner