Seniors in California who want to downsize from their three- or four-bedroom home, now that their children are gone, find themselves facing a costly and daunting dilemma. If they sell, they would lose the property tax protections they’ve enjoyed under Proposition 13.
Consumers who are seriously in the home-buying and -selling market should be mindful of a variety of competing home price estimators.
SANTA BARBARA, Calif. - The U.S. News & World Report says Santa Barbara is the number one best place to live in the United States for the weather in 2018.
Tourists from all over the world come to Santa Barbara for various reasons and now they have another. The report says that Santa Barbara only experiences 6 days below freezing out of the year and only 3 days above 90 degrees with an average of as few as 79 cloudy days per year.
The U.S. Federal Reserve (FED) has upped the funds rate under the auspices of its chair Jerome Powell for the second time this year.
Change is coming to the mortgage industry in the form of lessened restrictions for many community banks, along with greater consumer protections.
The Federal Reserve announced that while economic activity has continued to strengthen along with the labor market, it will not raise rates following its May meeting.