Personal Thoughts /

The Power of No

We hear a lot about encouraging our kids and the power of “Yes”. But I actually think it’s really important and relevant to say “No”.

If you grow up always hearing “Yes” or having the path cleared for you, it can be very difficult when you encounter hardships in life.

I’ve spent time these past couple of weeks and months thinking about constructive ways I can say “No” to my kids. I want to have them develop some inner resourcefulness that will help them later on with their careers and just make them better human beings to be around.

Community /

10 Ways to Give Back to Our Local Community This Holiday Season

This year has demonstrated, perhaps more than ever, the importance of our family, friends, neighbors, and community. It truly takes a village to keep a community functioning effectively, whether that’s by keeping our waterways clean, feeding the hungry, teaching our kids, or supporting small businesses.

Buyers, Sellers /

5 Tips About Virtual Home Tours for Buyers and Sellers

For years now, virtual home tours have helped real estate buyers far and wide find the perfect home. From long-distance military personnel being relocated, to investors expanding their portfolio, to homeowners looking for a vacation getaway, this technology makes finding a house that’s a bit out of driving distance much easier. And for real estate agents, virtual tours have been a useful way to help buyers with their home search and to assist sellers in creatively marketing their listings.

Buyers /

Move-Up vs. Second Home : Which One Is Right For You?

The pandemic has changed the way many of us live, work, and attend school—and those changes have impacted our priorities when it comes to choosing a home.

According to a recent survey by The Harris Poll, 75% of respondents who have begun working remotely would like to continue doing so—and 66% would consider moving if they no longer had to commute as often. Some of the top reasons were to gain a dedicated office space (31%), a larger home (30%), and more rooms overall (29%).

Home Improvement /

Increasing Value With Home Renovation

Are you considering a home renovation as a way to increase the value of your propety? There are two ways that you can build value with any real estate investment. The first is through natural appreciation where the value of the property grows over time due to increased demand. Historically real estate has appreciated at a much faster pace than the rate of inflation. In California, real estate has appreciated at nearly 5% annually since the year 2000 which exceeds the inflation rate of about 2.2% over the same period.

Mortgages, Sellers /

Why Are High Property Prices Still a Thing?

The Bay Area real estate market continues to confound experts with high property prices which counters commonly held economic theory. Mortgage interest rates are at historic lows, buyer demand remains robust even in the face of widespread job losses, and prices for homes are at record high levels. So what gives? The basic supply and demand curve from microeconomic theory explains that as demand increases while supply remains constant (or declines), prices will go up.

Home Sale Capital Gains Tax Implications

Many clients ask me about the sale of their home capital gains taxes they may owe. Capital gains are the difference between how much you pay for a capital asset how much you sell it for. These gains can have important tax considerations when you sell your home. Home sale capital gains tax rates vary depending on how long you have owned your home, and whether or not it is a primary residence. While this article is not advice on how you file your taxes, it is intended to help you understand how home sale income is treated from a tax perspective.