Altos Market Reports are an incredibly useful tool that you can use to have conversations with your clients. Their primary purpose is to give your prospects and clients a clear, easy-to-understand answer to the popular question: “How’s the market?” There are two crucial data points that...
Governor Gavin Newsom recently signed into legislation Assembly Bill 1864, known as the California Consumer Financial Protection Law (CCFPL). As part of the legislation, the Department of Business Oversight (DBO) will be renamed the Department of Financial Protection and Innovation (DFPI). The department establishes the nation’s...
Altos Market Reports are an effective information aid for real estate agents, but learning a new technology tool and dissecting the massive amount of data in reports can be daunting. We have put together these cheat sheets to boil-down the information into a more easily...
Proposition 15 is a ballot measure that would amend the California State Constitution to increase property taxes for commercial and industrial properties, except those zoned as commercial agriculture. Property taxes would be based on market value, with proceeds benefiting education and local government funding initiatives. What...
The Southern California real estate market has been hot for many months. Home buying continues to surge, while a lack of inventory has created a seller’s market. At the end of August, inventory was down 25% in Los Angeles and Orange counties. According to Zillow...
Home inspections are a critical part of the home buying process. They are how interested buyers learn about the home's condition from a trained and certified professional. But with the Covid-19 pandemic still impacting the world, home inspections have also changed. Look for a home inspection...
Real estate professionals have been pleasantly surprised by home buyers' continued demand, even during the pandemic. Inventory remains low across the country, and interested buyers are still combing the market in search of their dream home. This is known as a “seller’s market.” Managing expectations with...
On August 27, 2020, the Federal Reserve announced that they are taking a new approach to bolster the economy. The major policy shift includes allowing inflation to run higher than normal -- over their 2% goal-- if it, in turn, supports the labor market and...
SOC should be very much on the radar of both real estate agents and their clients. Essentially, this type of compliance ensures that companies are performing annual audits and demonstrate effective internal controls regarding the security of private client information. Think about the amount of personal...
We are beyond excited to share with you that our sister company - Glen Oaks Escrow - closed yet another Bitcoin transaction! The homebuyer contacted their office in San Diego to inquire about using Bitcoin after hearing about previous Bitcoin transactions that were administered. “We’re thrilled...