Concord Real Estate News (December 14, 2017)

Concord Real Estate News (December 14, 2017)

Is there a housing bubble in sight? Apparently economists don’t think so. Read more and explore other predictions for 2018. A Proposition 13 ballot proposal could give older people a tax break. This could potentially get more homes on the market. Plus, check out last week’s home sale prices in Contra Costa County. Finally, explore an extra “how to” article with tips on updating a popcorn ceiling. These are some of the latest Concord real estate news headlines.

No housing bubble in sight — and other predictions for 2018

A real-estate site’s predictions for 2018 offer yet more disappointing news for would-be first-time home buyers in California hoping that the New Year might bring some relief.

“The outlook for next year is rising prices, rising rates and rising property taxes,” said Redfin’s chief economist, Nela Richardson. “I wish I could have better news.” Read More…

Giving Grandma a tax break to get more homes on the market: realtors’ Prop. 13 ballot proposal

The proposal from the California Association of Realtors would expand Proposition 13, the landmark constitutional amendment passed by voters in 1978 that has kept homeowners’ property taxes artificially low over the years, even as their home values have doubled or even quadrupled. Under the initiative, homeowners who are over 55 or severely disabled would be able to keep those lower tax obligations for life, regardless of how many times they move, as long as they stay in California. Read More…

Home sale prices from Contra Costa County, as of Dec. 8

Home sales may have slowed for the holiday season but they sure aren’t stopping. Check out how much homes have been selling this past week in Contra Costa County. Click Here

Methods and costs of updating a popcorn ceiling

A popcorn ceiling, otherwise known as an acoustic ceiling, is a ceiling that’s been sprayed with a textured coating. A popular design element between the 1950s and the 1980s, the texture is useful for hiding imperfections but is now considered outdated… Popcorn ceilings are not only behind the times, but they’re also difficult to repair and clean. What’s more, they may deter potential buyers if and when the time comes to sell your home. There’s also a chance that your popcorn ceiling may contain asbestos. Read More…

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Having a knowledgeable and experienced real estate broker on your side helps protect your interests and insure you make the best possible decisions. We are dedicated to keeping on top of the real estate market and keeping you informed of changes. You can rest easily knowing you made a well-informed decision based on experience and insight into the Concord California market.

To reach Peter Maclennan please call 925.385.8798 or email us at peter@maclennaninvestments.com.

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