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Showing posts from March, 2022

What's Driving Today's High Buyer Demand?

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We Are the Berkshire Elite: Ranking #2 in Our Global Network

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  It’s great to be a Forever Agent. Today in Louisville, Kentucky at the Berkshire Hathaway HomeServices annual convention, it was announced that our California Properties brokerage ranks   #2 in our global network. Who are the Berkshire Elite? Brokerages that receive this prestigious title rank among the top tier of all Berkshire Hathaway HomeServices affiliates nationwide and abroad. We are honored to be continually recognized as an elite brokerage, an accomplishment that would not be possible without our agents, managers, support staff, and, most importantly, our clients. Spanning 12 countries and nearly 1,500 offices, the Berkshire Hathaway HomeServices network consists of more than 50,000 sales professionals. 800+ award-winning agents At convention, we are celebrating our own real estate agents who achieved an award for their efforts in 2021. These 800+ agents and teams rank among the top 18% of our global network. Soon, rankings for Legends and Top 25 Agents and Teams will be ann

2022 New Law for California Allows Homeowners to Partition Their Lots

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  SB 9: Ministerial approval of urban lot splits and duplexes in a single-family zone SB9 makes it possible for homeowners in CA to divide their property into two lots . It allows two homes to be built on each of those lots, with the effect of legalizing fourplexes in areas that previously only allowed one home (SFR) - There is no requirement as to whether the two residential units on each lot be a “duplex,” or attached to each other, or free-standing. Requires the City to approve either or both: - A housing development of no more than two units (duplex) in a single-family zone. - Allows for a lot split to take place (a single-family lot becoming two lots). Prohibits the City from requiring more than one parking space per unit. The new law will mark a shift from current policies that allow only two large units — a stand-alone house and an accessory dwelling unit — on single-family lots, as well as an attached junior unit no larger than 500 square feet. Requirements: - The parcel is wit

Does Your Drone Need Insurance?

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  Information is brought to you by Hope Leitner Berkshire Hathaway HomeServices California Properties Does Your Drone Need Insurance? Small drones, also known as unmanned aerial vehicles, have become increasingly popular among hobbyists, kids and even businesses. Flying a drone can be fun, but it can also become an insurance headache if the remote-controlled aircraft is involved in an accident. Therefore, before your drone hits a car, house or person—or gets in another sort of accident—it’s important to understand how your drone is covered. Getting started, check your homeowners or renters insurance policies to see whether such aircraft are covered or excluded from coverage altogether. It’s also important to remember that even if your insurer does offer related coverage, there may be restrictions that you’ll need to be aware of. It may be worthwhile to check with your insurer every few months on coverage changes related to drones due to fact that such coverage is relatively new and the

San Diego Monthly Market Report March 2022

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San Diego County has moved into new territory - now, officially more costly than the Bay Area - for an average home. The March Market Update is showing that we are still going strong, and if you've been considering selling - this is probably the best possible time to do that!  If you know anyone who might be interested in receiving this market update  every month, please have them sign up at this link. PONDER THIS -  It’s Spring Cleaning Time. Have you considered cleaning up the portfolio  a little by simplifying your assets? Now might be a good time to let go of some  investment properties. Turn that equity into something fresh and new.  Also, one of my clients recently closed on a  1031 exchange . It was a challenging but successful buyer close!  If you, or someone you know, is considering a 1031 exchange, call for a personalized consultation. *See below. Learn more about 1031 exchanges and how they work here. Remember, I am always here for my clients and their friends and famil

Talking Real Estate with Hope Leitner

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 March 2022 eNewsletter Whether you own a home or looking to buy or sell one, here are the latest Good To Know articles for when you’re ready to take the next step in reaching your real estate goals. I am here to support you whatever your real estate needs might be.  When you are ready to make the decision to buy or sell, give me a call. Ponder this - It’s Spring Cleaning Time. Have you considered cleaning up the portfolio a little by simplifying your assets? Now might be a good time to let go of some investment properties. Turn that equity into something fresh and new. Give me a call!  As always, I am here for you, your family, and friends. ~ Hope Homebuyers, Homeowners, Home Sellers, Finance Late Payments and Credit Scores Consumers who make late credit payments have no idea how badly their credit scores can be affected or how long it takes to repair the damage.  According to Nerdwallet.com , a late payment of 30 days or more can knock as many as 100 points off your credit scor

San Diego Calendar of Events March 2022

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Spring is in the air!  Change is coming! There's a lot of fun to be had in San Diego.    If you haven't yet seen the Van Gogh immersive experience, do it! It's a once in a lifetime thing to do. Celebrate San Diego's diverse culture by attending the Latino Film festival. Also, get out there and cheer on the Padres! The season opener will be this month!    If you know anyone who might be interested in receiving this event calendar every month, please have them sign up at this  link.   PONDER THIS - It’s Spring Cleaning Time. Have you considered cleaning up the portfolio a little by simplifying your assets? Now might be a good time to let go of some investment properties. Turn that equity into something fresh and new.    Remember, I am always here for my clients and their friends and family.   Your trusted real estate agent, Hope Leitner