Orange County, CA Real Estate News

By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On April 19, 2022, California Association of Realtors (C.A.R) reported homes values gained 3.6% to an average price of $1,305,000 in March of 2022 from an average price of $1,260.000 in February of 2022, and rose 27.3% from $1,025,000 in March of 2021. While homes sales jumped 51.9% in March of 2022 from February of 2022, but decreased 19.4% from March of 2021 in Orange County, California.There were 1.6 months supplies of available inventory of homes in March of 2022, lower from 2.0 months in February of 2022, and decreased from 1.8 months in March of 2021. An average it took 6.0 days to sell a home in March 2022, down from 7.0 days in February of 2022, but unchanged from 6.0 days in March of 2021 in Orange County, California.For complete more detailed information about the California A...
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By Ann Urias, Your Real Estate Concierge
(Aston Group - Orange County Real Estate)
Orange County Real Estate is hot! Values are breaking records! If you are thinking of selling and would like a Free Value report.Click on Linkhttp://www.astonregroup.com/home-evaluationOR Call Ann @714-588-7676Ask about how you can list your home for as little as 1%List with a top OC Real Estate Broker with over 20 years experience. 
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By Debbie Sagorin, Marketing Irvine to the Highest Level
(Coldwell Banker Realty)
The 30-year fixed-rate mortgage increased an average of 1.2% since the beginning of the year, (from 3.22% to 4.42%), and just last week it leaped a quarter of a percent. Look at this chart to see how the movement of home-loan rates last year were not bad at all, compared to the rapid increase in rates this year:I've read that many mortgage experts expect rates to continue to increase throughout the rest of this year. Let me know if you’d like me to send you some reading material.What does this mean for you if you're looking to buy a home?Well, because both home values and rates due to increase for the rest of the year, if you’re able to buy, it would be better to do so sooner rather than later. That's because the longer you wait, the more it will cost you.But there is some good news if ...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
Orange County, California Homes Sales & Values Report February 2022On March 15, 2022, California Association of Realtors (C.A.R) reported the homes values gained 5.4% to the price of $1,260,000 in February of 2022 from price of $1,195,000 in January of 2022, and jumped 26.6% from price of $995,000 in February of 2021 in California; while homes sales declined 5.1% in February of 2022 from January of 2022, and fell 26.0% from in in February of 2021 in Orange County, California.There were 2.0 months supplies of available inventory of homes in February of 2022, higher from 1.6 months in January of 2022, but lower from 2.4 months in February of 2021. An average it took 7.0 days to sell a home in February 2022, down from 8.0 days in January of 2022, and decreased from 9.0 days in February of ...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On February 16, 2022, California Association of Realtors (C.A.R) reported the homes values up 1.1% to the price of $1,195,000 in January of 2022 from price of $1,182,500 in December of 2021, and jumped 23.1% from price of $971,000 in January of 2021 in Orange, California. While, homes sales fell 30.0% in January of 2022 from December of 2021, and dropped 18.4% from in in January of 2021 in Orange County, California.There were 1.6 months supplies of available inventory of homes in January of 2022, gained from 1.0 months in December of 2021, but down from 2.3 months in January of 2021 in Orange County, California.An average it took 8.0 days to sell a home in January 2022, unchanged from 8.0 days in December of 2021, but lower from 10.0 days in January of 2021 in Orange County, California....
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On January 18, 2022, California Association of Realtors (C.A.R) reported that homes values increased 2.8% to the price of $1,182,500 in December of 2021 from price of $1,150,000 in November of 2021, and jumped 24.5% from price of $950,000,000 in December of 2020 in California. While, homes sales declined 1.8% in December of 2021 from November of 2021, and fell 18.7% from in in December of 2010 in Orange County, California.There were 1.0 months supplies of available inventory of homes in December of 2021, lower from 1.3 months in November of 2021, and decreased from 1.5 months in December of 2020 in Orange County, California.An average it took 8.0 days to sell a home in December 2021, unchanged from 8.0 days in November of 2021, but down from 11.0 days in December of 2020 in Orange Count...
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By Anthony Fontana, Tax
(EA Tax Resolutions)
IRS has a new $600 Form 1099 Reporting requirements for Third Party Network transactions ie Venmo, CashApp, zelle, apple pay, Paypal. This is for “sales of goods and services”, this is not for payments to reimburse friends and family. American Rescue Plan Act of 2021 No new tax law, this will just now make the IRS aware that you have this income, so if it does not end up on your return, the IRS will be asking for it. https://youtu.be/uYyUhvvL0ckhttps://eataxresolutions.com/  
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By Anthony Fontana, Tax
(EA Tax Resolutions)
This is an important one here, a lot of current and to be business owners need to hear. There is a big misconception about LLC and the way they "save" you on taxes. Be sure to check this one out. https://www.youtube.com/watch?v=8sipfVVF-EI   https://eataxresolutions.com/   #LLC #tax #taxes #businessowners
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On December 16, 2021, California Association of Realtors (C.A.R) reported homes values gained 2.7% to the price of $1,150,000 in November of 2021 from price of $1,120,000 in October of 2021, and jumped 23.7% from price of $630,000 in November of 2020 in California. While, homes sales decreased 7.7% in November of 2021 from October of 2021, and fell 12.7% from in November of 2020 in Orange County, California.There were 1.3 months supplies of available inventory of homes in November of 2021, lower from 1.5 months in October of 2021, and dropped from 2.0 months in November of 2020 in Orange County, California.An average it took 8.0 days to sell a home in November 2021, down from 9.0 days in October of 2021, and declined from 10.0 days in November of 2020 in Orange County, California.For co...
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By Anthony Fontana, Tax
(EA Tax Resolutions)
Run through an example where the taxpayer forgot to include stocks on his return, and the IRS gave him a fun notice.  I go A-Z on how to respond to these things properly to pay the correct amount, in this case $15k less.  https://www.youtube.com/watch?v=1MXWOHExTT0   https://eataxresolutions.com/   #tax #IRS #CP2000 #turbotax
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By Anthony Fontana, Tax
(EA Tax Resolutions)
IRS Proposed amounts are scary, but there are ways to reduce those and here are the issues that have that as a possibility.  Check it out!  https://youtu.be/vFHNGfVDvUI   #IRS #CP2000 #Notice
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On October 18, 2021, California Association of Realtors (C.A.R) reported homes values unchanged 0.0% to the price of $1,100,000 in September of 2021 from price of $1,100,000 in August of 2021, but jumped 20.2% from price of $915,000 in September of 2020 in Orange County, California. While, homes sales decreased 4.9% in September of 2021 from August of 2021, and lower 14.4% from in September of 2020 in Orange County, California.There were 1.5 months supplies of available inventory of homes in September of 2021, up from 1.6 months in August of 2021, but down from 2.2 months in September of 2020 in Orange County, California. An average it took 8.0 days to sell a home in September 2021, same as 8.0 days in August of 2021, but declined from 10.0 days in September of 2020 in Orange County, Ca...
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By Sharon Paxson, Newport Beach Real Estate
(Compass)
When buying a home, particularly if you're a first-time buyer, the home loan process can seem daunting. There are many things to consider, and if you haven't got previous experience, it could get confusing.We help you answer some of the most common mortgage questions.How Much Down Payment Will You Need?While it was traditionally a requirement to have a 20% down payment, that is no longer the case. In fact, if you qualify for the VA loans or USDA loans programs, you could buy a house with zero down. It is a good idea to save money for a downpayment regardless of how much you are putting down.FHA mortgage loans allow you to buy with only a 3.5% down payment, and even some conventional loans have a minimum of 3% down. However, there are some advantages to finding a larger down payment, lik...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On September 16, 2021, California Association of Realtors (C.A.R) reported that homes values gained 0.9% to the price of $1,100,000 in August of 2021 from price of $1,090,000 in July of 2021, and rose 18.3% from price of $615,000 in August of 2020 in  County, California. While, homes sales declined 3.4% in August of 2021 from July of 2021, and down 5.6% from August of 2010 in  County, California.There were 1.6 months supplies of available inventory of homes in July of 2021, lower from 1.7 months in July of 2021, and decreased from 2.4 months in August of 2020 in  County, California.An average it took 8.0 days to sell a home in August 2021, up from 7.0 days in July of 2021, but dropped from 12.0 days in August of 2020 in  County, California.For complete more detailed information about th...
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By Anthony Fontana, Tax
(EA Tax Resolutions)
If your employer offers the Dependent Care FSA and you are paying for daycare, take advantage! Check out this video to learn why, and how this works.  https://youtu.be/2PnvgRfQrks   Eataxresolutions.com   Anthony Fontana CPA 800-245-0596   #FSA #DependentCare #Tax
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By Monte Gillespie, Monte Buys Houses - Orange County
We see many homeowners waste time trying to sell their houses. Some homeowners fail to sell their houses because they do not have the experience and the know-how.If you want to sell your house for fast cash, call We Buy Houses. We will give you an offer. If you accept our offer, we will pay cash for your house in a few days. How Can I Sell My House Quickly? We want to help you sell your house quickly. Firstly, use a qualified realtor. Realtors can sell your house quickly because they have the experience.We know reputable realtors have a good relationship with a lot of buyers. So, your realtor will sell your house quickly to one of these buyers. Secondly, you can use the internet to sell your house for fast cash. Some people are searching for a vacant house.And several online real estate...
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By Anthony Fontana, Tax
(EA Tax Resolutions)
Ever wondered about the differences between the FSA or HSA? Well, check out the video to decide! https://youtu.be/X0zUj7w0Phg  #FSA #HSA #HSAvsFSA eataxresolutions.com Anthony Fontana CPA800-245-0596
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By Anthony Fontana, Tax
(EA Tax Resolutions)
In this video, I explain what needs to be done if you owe back taxes. Check it out!https://www.youtube.com/watch?v=i33fOD58wnM&t=12s https://eataxresolutions.com/ Anthony Fontana CPA800-245-0596   
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On August 16, 2021, California Association of Realtors (C.A.R) reported that homes values declined 4.2% to the price of $1,090,000 in July of 2021 from price of $1,138,000 in June of 2021, but rose 23.9% from price of $880,000 in July of 2020 in Orange County, California. While, homes sales fell 12.9% in July of 2021 from June of 2021, but up 1.1% from July of 2020 in Orange County, California.There were 1.7 months supplies of available inventory of homes in July of 2021, higher from 1.5 months in June of 2021, but decreased from 2.5 months in July of 2020 in Orange County, California.An average it took 7.0 days to sell a home in July 2021, unchanged from 7.0 days in June of 2021, but dropped from 16.0 days in July of 2020 in Orange County, California.For complete more detailed informat...
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By Anthony Fontana, Tax
(EA Tax Resolutions)
In this video I will be explaining how to fill out the updated IRS form 656 for 2021. We will be going line by line through the form, to be sure you understand how to fill this out. The IRS form 656 is used to file an IRS offer in compromise. It’s the contract that lays out the terms of the tax settlement.https://youtu.be/DHbfhlul-vE Anthony Fontana CPA800-245-0596eataxresolutions.com #tax #IRS #offerincompromise 
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Orange County, CA Real Estate Professionals