It’s the eclectic nature of Laguna Beach that keeps things so interesting. You never know what you’re going to see on broker preview open houses; a 7,000 square foot mansion or a quaint 700 foot cottage. I tend to fall for the smaller, older properties in Laguna Beach that have retained their original charm and character. Today, one such property was on preview. It is a cottage that was built in the early 1920s and has only had three owners since it was completed. It’s still mostly original, but clean and well-kept. I’m sharing a picture of the dining room, looking into the back yard that I found to be so comforting and inviting.
OFF THE CHARTS When compiling year-over-year statistics, economists tend to work in single-digit percentages. For example, the U.S. GDP growth over the past few years has bounced between 2% and 3%. People start to panic when inflation goes over 5%. Most investors would agree that the stock market has had a fantastic run in recent […]
Proposition 19 recently passed, amending California’s Constitution by expanding qualifications for the transfer of a property’s taxable value. Beginning April 1, 2021, Prop 19 allows an owner of a primary residence who is over 55 years of age, severely disabled, or is a victim of a wildfire or natural disaster to transfer the taxable value […]
This year has simply been bonkers. And we still have over a month to go! The news of Kobe and Gianna was swept away by the tsunami of events that followed: the pandemic, wild fires, COVID-19, spiraling deaths, impeachment of the president, civil rights protests, stock market crash, record unemployment, out-of-control business failures, the lockdown, […]