The Real Estate Recovery is Building as long as . . .

Well..... what can I say.      As long as we see economic growth and confidence in that?
For the past eight months, there has been  a strong indication, that Real Estate, around the country, is RECOVERING.  Here is a little info for your reading pleasure.

I see it in the markets I work in and track.  Now the incidents of multiple offers and over asking price sales is taking hold, to actually make it news worthy.

Keep in mind what is driving this Real Estate Recovery and keep a level head in making YOUR move.

~  The message is constantly being repeated the "The Bottom is Behind Us". --- Time to jump in!
~  Strong pent up desire by those qualified &  agonizingly waiting to become a home owner (again?)
~  THE LOOOOWWWWEST interest rates to be seen in decades AND pricing that makes it all more affordable than renting!!!
~  All of the above making ROI Very attractive for investors.
~   The last key point   SUPPLY is down.  Check around,  the #'s of homes on the market, depending on area, are calculated to be  anywhere from 3-6 months supply.  A far cry from the 9 to 18 months and an overbearing amount of them shorts and REO's.

This  driving of the prices up, even if it is just the reported 5% helps those that have been "UNDERWATER" by moving them closer to an equity position and allowing for refi's that don't eat them alive with fees and other gymnastics the BANKS have been putting the suffering homeowner through that, in most cases, turning out to be a major waste of time.

The time is now, prices are climbing and interest rates are NOT. 
Santa Cruz will NEVER loose it's idyllic climate and this will always be HOME to me.   Let me help YOU find the right spot!     You will have everything to pick from

"From the Mountains to the Sea"

I know of a lot of  Hidden Spots!!

 

I Love helping others find the place they want to call home, let me help you.  Call anytime, but just to get you warmed up, you can search my website by area, price, size and other particulars.  See what I am talking about.

 

Don't wait too long --- you don't want to miss this boat!!
 






Marlene MoeBEST-Henderson, Broker/Realtor
Properties and Property Management
Office 831-429-9091
Cell     831-419-9091

"When Only the BEST will do . . . . . . .

                          MoeBEST-Henderson Properties and Property Management"

 

Beyond the Real Estate Headlines means . . . .

If you really want to know what is accurate information . . . .  not  just the 'Come on' -- there needs to be homework!

Lots of positive blogs, articles, projections, all to create a sense of forward motion, growth and hope for a quick fix, are out there but there is just as much negative extolling for the same areas, let's find the meat!
Yes, that means work, reading beyond the Real Estate headlines to find out the back story in the case of Real Estate. The actual price points of that local ---- NOT THE NATIONAL AVERAGE!

There is also an overarching need and requirement to understand the global investments/involvement too, to see how this affects, what is taking place locally!  What could trickle down to the small property holder.

Right now is a prime time to invest.  Fantastic interest rates!!   The prices are just recovering in prime areas.  Sellers have had 6 years to be educated on pricing their property according to the market - or else!

The Monterey Bay area, Silicon Valley and San Francisco have all had there smack down but have proven to be resilliant and holding there own, very nicely I might add.  Amazing amount of cash sales and international buyers keeping this areas mostly out of the nastiness of massive SS and REO's.

On the ground expertise is where to head.  Everything about Real Estate is LOCAL.  Or location, location . . . .     the old adage! 

First - developing a relationship with a knowledgeable, professional in the area is your best bet.  Someone that tracks a specific neighborhood, town/city.   Is invested in that community/region and graceful with their information.  Truly wanting to aid YOU on your investment path.  Develop trust!

Second - Check everything out!  Go beyond the Real Estate Headlines, click the links - discover.    You will be surprised at how much more knowledgeable you will be, to make these important decisions.

Third - For  accurate information on the Monterey Bay area and the entire Lake Tahoe Basin call me, Marlene Henderson and register on my website for up-to-date MLS info.  You won't be sorry you did!

Real Estate is second nature to me and I love helping people

 "Live the Life they Love".

Marlene Henderson, Broker - Realtor - Ca/Nv
MoeBEST-Henderson Properties and
Property Management

00599374/0025598

831-429-9091 Office

831-419-9091 Cell
http://bestsantacruzproperties.com/
http://www.facebook.com/#!/moebesthenderson http://bestsantacruzproperties.blogspot.com http://www.linkedin.com/profile/edit?trk=hb_tab_pro_top http://www.meetup.com/Professionals-of-Santa-Cruz-County/
http://bees2love.wordpress.com/



" When only the BEST will do . . . .
MoeBEST-Henderson Properties and Property Management"

"Fiscal Cliff" Legislation and the effect on Real Estate

Those of us interested in how the "Fiscal Cliff" legislation shook out for Real Estate, you will be happy to see little  'grunions' like me, have been digging around to find out.   This is a recap directly from the NAR site:

Real Estate Tax Extenders

• Mortgage Cancellation Relief is extended for one year to Jan. 1, 2014
• Deduction for Mortgage Insurance Premiums for filers making below $110,000 is extended through 2013 and made retroactive to cover 2012
• 15-year straight-line cost recovery for qualified leasehold improvements on commercial properties is extended through 2013 and made retroactive to cover 2012
• 10 percent tax credit (up to $500) for homeowners for energy improvements to existing homes is extended through 2013 and made retroactive to cover 2012

AND

Capital Gains

Capital Gains rate stays at 15 percent for those in the top rate of $400,000 (individual) and $450,000 (joint) return. After that, any gains above those amounts will be taxed at 20 percent. The $250,000/$500,000 exclusion for sale of principal residence remains in place. But remember Obamacare adds 3.8% by this calculation   http://www.blogger.com/blogger.g?blogID=8886224080781153404#editor/target=post;postID=1214489800176084526
make sure you read it.

http://speakingofrealestate.blogs.realtor.org/2012/10/09/3-8-tax-whats-true-whats-not/
In  addition, make sure you watch it!!

Estate Tax

The first $5 million dollars in individual estates and $10 million for family estates are now exempted from the estate tax. After that the rate will be 40 percent, up from 35 percent. The exemption amounts are indexed for inflation.

There are still more very important issues like MID (mortgage interest deduction) that have NOT be addressed.  I will keep digging around.  This is a very important aspect of the Real Estate industry and one of the chief incentives in becoming a home owner, so stay tuned.

I always do all I can to keep my clients informed, so they can 'Live the Life they Love'.

Make a difference for a Positive Life

We start every year with high hopes of a "Fresh Start","New Beginnings", "Good intentions".  Some where along the line, usually very early on the bubble bursts and you give up.
No matter what it is, weight, relationships, career, more traveling, healthy habits and productive hobbies --  I will be sending out regular encouragement to help with motivating in my own way.  In fact check out my Bee Blog for a great hobby that anyone can do and our environment is in sore need of more help in that department. http://bees2love.wordpress.com/  Call me too, this is such a wonderful subject.

You are asking what does this have to do with Real Estate?  How does this help me reach my goal of keeping up on the latest info or great deals out their in my community?  That will be here too and now a little extra.

To have a joyful, satisfying life, there is more to it than just investments so embark on living the life you love.

When you are considering any thing to do with Real Estate in either the Monterey Bay Area or ALL of Lake Tahoe  --  Call me!


The only property currently for sale in WestLake is the following:
http://bestsantacruzproperties.com/PropertyDetails?fl_hook=1671499067&show_description=yes&show_address=yes&presented_by=&show_virtual_tour=yes

......but I am sure there will be a few more popping up soon.  The market has definitely been solid for the Westside and should continue this strong pace.

If making a change is in the cards for you, I will be happy and eager to put all my talents to work for you.

Marlene Henderson, Broker/Owner - Ca/Nv - Realtor 
00599374
MoeBEST-Henderson Properties and Property Management

831-429-9091 Office
831-419-9091 Cell
http://bestsantacruzproperties.com/
http://www.facebook.com/#!/moebesthenderson
http://bestsantacruzproperties.blogspot.com/
http://www.linkedin.com/profile/edit?trk=hb_tab_pro_top
http://www.meetup.com/Professionals-of-Santa-Cruz-County/

" When only the BEST will do . . . .
MoeBEST-Henderson Properties and Property Management"