In the news (Wall Street Journal articles are not shareable so I look for similar articles elsewhere to share with you on the same subject): Good news: Here is a pretty good forecasting article specific to the California housing market. The numbers, even though I see them every day, are still surprising. https://www.noradarealestate.com/blog/california-housing-market/ Bad News: There is talk in the wind of limiting the amount of profit sheltered in 1031 tax deferred exchanges to 500K. That may seem like a lot of profit but it isn't. A person holding a rental of any kind will easily realize way more than 500K profit if they hold it for long enough or buy at the right time. Heck, these days, a person can gain 500K in a few months. With capital gains proposals nearing 44%, you can quickly deduce that investment in rentals will go down, creating slums and unimproved buildings and rents will go up. It's a bad bit of business all the way around and will impact all rental owners, not just the wealthy. I personally hope this gets shot down. https://www.cnbc.com/2021/05/03/how-bidens-real-estate-tax-plan-may-hit-smaller-property-investors.html **Each address is a hyperlink to the property information. Favorites Under 700K Easy living in this single story, simple driveway, well cared for home just mere steps from Explorer park and the beach. Taking a stroll to the water couldn't be any easier at this price point. Water access without the big water front price tag! If you like newer style construction and floor plans, you'll love this one. Easy single story living on a usable 2.5 acre parcel. The ceilings in this home are super cool! This is a gently lived in home, very much like new. Even has high speed internet! Big views, big master closet! Almost new home just built in 2014 on 5 acres. Super clean! Favorites Over 700K Upscale magazine worthy cedar log home on 10+ acres with a lot of usable and some pretty nice horse facilities including a Castlebrook 4 stall barn. Big views, impressive and elegant design, constructed with consistent quality and attention to detail. One of the nicest log homes I have seen around here. The elusive true modern farmhouse you have all been seeking is finally here! Classic yet trending, which is pretty hard to pull off. This one has all the elements todays modern farmhouse groupie is looking for combined with a back yard that checks a lot of boxes with entertaining deck, pool, sport court and still plenty of yard for playing, gardens or furry friends. This is a good one. *If you would like to receive this review via email, which includes a link to ALL the daily new listings, pendings and solds in the areas I serve (not just my favorites), all you have to do is let me know. My contact info is at the bottom. In this way, you can get up to date info, all in one place. Thank you for visiting my Daily Favorite Listing Review. Here are my fav's today from New Listings or Back on the Market properties in Grass Valley, Nevada City, Penn Valley, Auburn, Smartsville and Browns Valley. If you wish to call the listing agent directly, versus me or another agent, you are certainly free to do that. I have provided the listing contact information in the hyperlinks above. Links are good for 30 days. I am more than pleased to work with you on any listing or sale. Reach out to me however you like! *My criteria is simple. I look for properties that offer something special. That might be design, quality, character, pricing, value, location or history. It might be condition, view, natural light or something else that catches my eye. I look at location challenges, traffic impacts, flood areas or other geographical issues that may impact the enjoyment of the property. That all being said, what I consider a plus or a minus may not be in agreement with your opinions. I encourage you to continue using your other ways of finding new listings and use my list here as a way to augment that. Hopefully I will bring your attention to one that perhaps you hadn't noticed or thought about. I hope so! Happy shopping! Sharon Currie License #01357602 RE/MAX Gold 10126 Commercial Ave Penn Valley, CA 95946 776-B Freeman Lane Grass Valley, CA 95949 sharon@lovegoldcountry.com 530.559.4439 |
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