by allanrealestate | May 28, 2014 | Blog
The Mills Act is state law that was passed in 1972 and has been modified a few times since. It is not well known but it offers substantial tax breaks to owners of some old homes and buildings. While it is state law, it is up to the local governments to participate....
by allanrealestate | Feb 21, 2013 | Blog
It was reported in the LA Times a few weeks ago that the number of short sales has been greater than the number of foreclosures in recent months. This is better news for sellers than for buyers. Taking a simplistic view, omitting factors like possible tax...
by allanrealestate | Feb 20, 2013 | Blog
With home prices up about 15% in San Luis Obispo County and inventory of unsold homes at it’s lowest point in eight years, many people want to know where the housing market is going. To answer this question it helps to look back at where we have come from....
by allanrealestate | Dec 28, 2012 | Blog
2012 was a positive year for the real estate market on the Central Coast. Prices have come up a little and sales have risen even more. Meanwhile, Notice of Default filings, the first step in the foreclosure process, are down over 50% from this time last year. The...
