Author Archives: Kim Johnson

Jimmy McMillan may have been ahead of his time. A perennial candidate in New York for various offices, McMillan created a single issue third party that ran on the notion that the rent was “too damn high.” Now, in an era where millions of Americans were adversely affected by a global pandemic and with national […]

Californians are making moves to other states. California’s population recently decreased for the first time in memory, declining 0.46% from January 2020 to January 2021. For reference, the past two decades have seen the population increase around 1% each year. Where are all of these California residents going? Of those former Californians who purchased a […]

However, a handful of cities across the country saw rents rise more than 30% from a year earlier, including Miami, Seattle, Portland, OR and Austin. Average monthly rents increased 13% nationwide over the past year, the highest growth rate in at least two years. The national median monthly mortgage payment for homebuyers posted even bigger […]

WASHINGTON (AP) — The Biden administration is looking to expand reporting requirements on all-cash real estate deals to help crack down on bad actors’ use of the U.S. market to launder money made through illicit activity. The Treasury Department was posting notice Monday seeking public comment for a potential regulation that would address what it […]

Clean energy and grid-related investments and incentives for public-private partnerships are likely. By Paul Bergeron | November 18, 2021 at 07:34 AM An influx of cities are already reaching out for guidance to implement changes across their real estate portfolios as a result of the $1.2 trillion infrastructure bill signed by President Biden this week, JLL reported. “The bill includes […]

Flipping homes isn’t like flipping pancakes, folks. Now, Zillow is learning this lesson the hard way. Zillow first launched its Zillow Offers program in 2018. Under the program, Zillow purchases homes directly from sellers, makes improvements when necessary, and then lists (read: flips) these homes for sale. Sellers working with Zillow are able to select their closing date […]

Since the Covid economic downturn, a frequently asked question is, “Do you think I should I sell my house before I get behind on my mortgage payments?”   In many cases, Yes. Absolutely!   How does selling before I have a late payment affect my credit?   When you are current with your mortgage payments, […]

Yesterday I learned that our local Congressional representative has proposed a Cabin project to help the homeless in our community. We hear from ‘people’ constantly about how ‘bad’ the homeless situation is and if only there was something that could be done. However, something has been proposed in our neighborhood and now the residents have […]

California home sales remain strong compared to last year at this time. This is good news considering that we typically experience seasonal slowing this time of year. With an increase in interest rates last week sales are beginning to slow up lately. Do not be discouraged if you have not yet found your perfect home […]

As any real estate agent knows, leads are the lifeblood to success. This is why it is no secret that a high percentage of most agents’ time is dedicated to uncovering possible leads via as many conduits as possible.  That being said, all leads are not created equal. Some leads roll in thanks to expensive […]