Garage Conversion Restrictions Eased In California

Garage Conversion Restrictions Eased In California

Garage Conversion Restrictions Eased In California This year has seen a substantial increase in garage conversion units, also known as “granny flats” or “Accessory Dwelling Units“, due to California’s new Senate Bill 1069.  The bill, enacted in 2017, was designed to increase housing supply by easing restrictions on garage conversion units.  The bill also presents…

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Proposition 13 Amendment Could Increase Housing Affordability

Proposition 13 Amendment Could Increase Housing Affordability

Proposition 13 Amendment Could Increase Housing Affordability Property tax is one of the biggest deterrents to current homeowners purchasing new homes.  Under Proposition 13, a homeowner’s property tax basis is set by the purchase price, subject to limited annual increases, meaning that purchasing a new home results in a significantly increased property tax basis.  This,…

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Santa Monica Fault Map Released By Geological Survey of California

Santa Monica Fault Map Released By Geological Survey of California

Santa Monica Fault Map Released By Geological Survey of California Last week, the Geological Survey of California released a report identifying four new and revised earthquake fault lines, including faults running through Santa Monica, Brentwood, Westwood, Beverly Hills, Culver City, Napa, Vallejo, and West Hollywood.  Maps of the various new fault lines, including the new…

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5% Down Payment Loans – Lawyers, Doctors, Dentists, And Accountants

5% Down Payment Loans – Lawyers, Doctors, Dentists, And Accountants

Neverland Ranch Listed For $67 Million Neverland Ranch, formerly owned by Michael Jackson, was listed yesterday for $67 million.  The listing represents a significant price reduction from when it was last listed in 2015 for $100 million. The property was famously purchased by Michael Jackson in 1988.  He opened it as Neverland Ranch in 1994,…

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