Tag Archives: 1 Million

Real Estate Wrap-Up – E Avenue Home for $1.8 Million

761 B Ave., 3 beds, 4 baths, $1.55 million. 340 Glorietta Place, 2 beds, 2 baths, $1 million. 215 I Ave., 4 beds, 3 baths, $1.38 million. 401 7th St., 4 beds, 3 baths, $1.65 million. 827 E Ave., 6 beds, … Continue reading

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Parent to Child Transfers of California Real Property Tax Tip Sheet

Change in California real estate ownership may incur documentary transfer tax and capital gains tax. Ownership changes may increase future property taxes. For simplicity, in this tip sheet the term “parent-child exclusion” refers to both the parent-child exclusion and the grandparent-grandchild … Continue reading

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Chinese Buyers Boosting California’s Housing Market

Palos Verdes, Los Angeles Cash-loaded Chinese are flooding California’s high-end home markets and U.S. brokers are in heaven over that situation. Many of the deals are reported to be all-cash transactions.  Statistics are all over the place but the California … Continue reading

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North Lake Tahoe Home Sales Up 21% in Third Quarter Over 2011

Luxury home sales in the North Lake Tahoe and Truckee areas jumped 21 percent in the third quarter of 2012, according to a new report by Coldwell Banker Residential Brokerage, Northern California’s leading luxury real estate services company. The figures … Continue reading

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Amazon to buy 11 buildings for $1.16B

SEATTLE, Oct. 6 (UPI) — Vulcan Real Estate in Seattle said online retail giant Amazon.com would buy its 11-building campus in the city for a price of $1.16 billion. The Seattle Post-Intelligencer reported Saturday that the purchase does not cancel … Continue reading

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REAL ESTATE: Wells Fargo on mortgage help for CA – Press

Posted on | September 1, 2012 | Comments Wells Fargo Co. this week reported that nearly one-third of 27,090 homeowners it has worked with under the National Mortgage Settlement are from California. The Office of Mortgage Settlement Oversight was told … Continue reading

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Bank’s Offer to Slash Mortgages Gets Surprise Response

Bank of America repeated a promise to reduce its inventory of delinquent mortgages by 300,000 in the next 12 months. The bank, which reported quarterly earnings Wednesday, currently services about 1 million delinquent loans, thanks to its takeover of Countrywide … Continue reading

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Limoneira Company Announces Second Quarter and Six Months Fiscal Year 2012 …

SANTA PAULA, Calif., Jun 11, 2012 (BUSINESS WIRE) – — Lemons Sales Increased 41% Compared to Second Quarter of Last Year – — Executed on Agribusiness Growth Strategy with Agreements to Acquire 125 Acres of Agricultural Property in California – … Continue reading

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Goodbye, Million-Dollar Starter Home. Hello, Half-Million-Dollar Teardown

Here’s a scene from the real estate recovery that is everywhere being “signed,” “indicated,” and “signaled.” On a block where the average price of a home is more than $1 million, a property goes for $490,000.  Say hello to 2481 … Continue reading

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Limoneira Company Announces First Quarter Fiscal Year 2012 Financial Results

SANTA PAULA, Calif., Mar 12, 2012 (BUSINESS WIRE) – — Cartons of Fresh Lemons Sold Increased 137% Compared to First Quarter Last Year – — Expects Continued Growth in Fiscal Year 2012 Agribusiness Revenue Resulting from Increase in Fresh Lemon … Continue reading

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