FRIDAY - pa rum pum pum pum
- 5 Homeownership Changes Coming Under New Tax Law
- Bay Area housing: Active listings sank in November as prices shot up again
- SF built one new home for every 10.4 new jobs last year
- Share of Adults Living with Roommates Higher than Ever Before
- Insurers Could Drop Fire Coverage in California
- Neat Ways to Fit a Console Table Into Your Small Hallway
- 3 Simple and Easy Details to Get Ready for Holiday Guests
Enjoy!
5 Homeownership Changes Coming Under New Tax Law - Will the new tax law save you money or cost you money? The answer depends on a complex array of factors that touch on just about every aspect of your financial life. This article is about a subset of your finances: How the tax law will affect homeownership and mortgages. Among other things, the tax law changes whether and how homeowners deduct mortgage interest and property taxes. Many of these revisions for individuals and families are set to expire at the end of 2025. Here are five elements of the tax law that could affect homeownership, home selling and moving.
Bay Area housing: Active listings sank in November as prices shot up again - Bay Area home prices raced upward again in November, climbing 12.5 percent beyond their levels of a year earlier. Prices rose 27 percent year-over-year to $1,282,500 in Santa Clara County and 22.1 percent to $1,486,000 in San Mateo County. The year-over-year price jumped 10.3 percent to $1,500,000 in San Francisco; 10 percent to $880,000 in Alameda County; and 8.1 percent to $615,000 in Contra Costa County. Among the nine counties, only in Solano County, where the median rose 7.9 percent to $410,000, did the November median fall below the statewide figure of $546,820.
SF built one new home for every 10.4 new jobs last year - On Thursday the San Francisco Planning Department presented the results of the city’s 2016 Commerce and Industry Inventory to the Planning Commission, an annual tally of SF’s economic performance and outlook. The results: Between 2015 and 2016, San Francisco’s job numbers went up, up, and up, adding tens of thousands of new positions and driving incomes ever upward. But at the same time, relatively little new construction happened.
Share of Adults Living with Roommates Higher than Ever Before - Nationally, nearly one in three adults live with a roommate or parent, the greatest share ever reported, according to an analysis by Zillow. As rental affordability deteriorates, more U.S. adults may be choosing to double up to cut costs. A doubled-up household is where two or more working-aged adults live together but aren't married or in a relationship — this could mean two millennial roommates or an adult living with parents. The share of doubled-up households has been steadily rising since the late 1990s, when just 23 percent of adults lived together.
Insurers Could Drop Fire Coverage in California - California wildfires continue to scorch the Golden State’s southern cities, and now officials in the state fear that some insurers will drop homeowners’ coverage. Wildfires in Southern California and earlier this fall in northern California have resulted in billions of dollars in claims. In the Sierra Nevada foothills, many homes were dropped after wildfires swept through in recent years, and some northern California homes also have seen their coverage dropped, California Insurance Commissioner Dave Jones told Reuters. nsurers are required to renew fire victims’ policies once. After that, homeowners could then be forced to go to specialty insurers, known as “surplus line carriers.” The policies can sometimes cost up to 40 percent more than mainstream insurers.
Neat Ways to Fit a Console Table Into Your Small Hallway - Get tips on selecting a table that will suit your hallway’s size, shape, and design and storage needs
3 Simple and Easy Details to Get Ready for Holiday Guests - Add these thoughtful touches to your guest bedroom and bathroom to welcome overnight visitors this season
