Blog Posts in Category: Homes

04/08/2021

Why Do New Homes Cost So Much Money?

Why Do New Homes Cost So Much Money?

Ricky Singh on Unsplash
With mortgage rates trending upwards and a lack of housing inventory in California, prospective home buyers are beginning to consider an alternative solution to their housing needs.   more...

04/07/2021

How to Lower Your Property Taxes

How to Lower Your Property Taxes

Property taxes provide funds for schools, roads, and many other vital aspects of our community. However, that doesn't mean you should be paying more than you have to. If you're a veteran, disabled, over 65, or under certain income thresholds, you may qualify for a property tax exemption. Here are some other ways to lower your taxes:
Homestead Exemption Your primary residence may qualify for a homestead exemption, which will lower your home's assessed value for tax purposes. Which will reduce how much you owe in property taxes.   more...

04/06/2021

How to Increase Your Home's Value with Effective Staging

How to Increase Your Home's Value with Effective Staging

Staging your home in the best way possible is proven to increase the value of your home. Walking into a house with basic furniture and decorations gives potential buyers an idea of what life will be like there. And removing personal items helps you disconnect from the home.
In a recent report by the National Association of Realtors, 83% of buyer's agents said staging a home made it easier for a buyer to visualize the property as a future home. The most commonly-staged rooms include the living room (93%), kitchen (84%), master bedroom (78%), and dining room (72%).   more...

03/18/2021

Expertise.com's 2021 Best Property Managers in San Francisco & Concord

Expertise.com's 2021 Best Property Managers in San Francisco & Concord

Nationally respected business recommendation website, Expertise.com, scored 178 Property Management companies in San Francisco and 31 Property Management companies in Concord — so far, we technically rank #1 on both lists in 2021! We also received this award last year in San Francisco, and both lists were recently updated on March 12th and 17th, 2021 — giving us a great sign that our hard work is not going unnoticed!
Expertise makes it easy to find the best local experts in your area. Their proprietary research and selection process identifies the top service professionals in over 200 different industries in major cities across the United States. Expertise features are only objectively quantified, and qualified professionals hand-picked by their selection process and research to understand what’s important when searching for experienced and professional companies.   more...

03/16/2021

Prop 19 Explained: How It Helps Property Owners and Who is Eligible?

Prop 19 Explained: How It Helps Property Owners and Who is Eligible?

Prop 19 frees up inventory while providing tax savings for seniors, homeowners with disabilities, and wildfire victims — here are the ways it helps:
Tax Savings For Senior Homeowners: Thanks to Prop 19, seniors, retirees, and all homeowners aged 55+ can move closer to family, medical care, or to a home that better meets their needs anywhere in California without a tax penalty. Prop 19 removed unfair location and price restrictions. That allows senior homeowners to transfer the tax base of their home to a new property.   more...

03/05/2021

How Much Should Your Down Payment Be?

How Much Should Your Down Payment Be?

If you’re planning to buy a new house, a big part of that is saving for a down payment. Your down payment is the money you put down when you close on a mortgage. Lenders will often describe down-payment in terms of percentages. A down payment represents what you initially own when you buy a home. Then, the remainder comes from your lender.
The standard is often referred to as 20%, but is that the reality? Paying a 20% down payment may make you feel like ownership isn’t attainable for you, but is that truly how much you have to or should pay?   more...

03/05/2021

3 Vital Features Every Unfurnished Rental Property Should Have Already

3 Vital Features Every Unfurnished Rental Property Should Have Already

The rental market is very competitive, but fortunately, there are a few things you should do to give your property the edge! Aside from the glaring essentials such as gas, electricity, and hot water, as a property owner, it is prudent to make sure that the property has proper flooring, solid quality blinds, and reliable appliances.
Not only will this help you to draw in more potential tenants, but it will also allow you to increase the monthly yield. The initial investment will be worth it.   more...

02/22/2021

Bidding wars skyrocket as property listings fall to record lows

Bidding wars skyrocket as property listings fall to record lows

Presidents Day weekend marks the unofficial start of the spring housing market, but if you’re looking to get in this year, hold onto your wallet. Bidding wars are off the charts, even as home prices are rising rapidly.
The primary reason longtime home searchers haven’t bought a house yet is that they keep getting outbid. About 40% of potential buyers cited that in a recent survey by the National Association of Home Builders. The reasons are flipped from a year earlier when 44% said unaffordable prices were the primary reason they hadn’t bought yet, and 19% cited getting outbid.   more...

01/30/2021

Top 5 Best Mortgage Lenders For First-Time Homebuyers 2021

Top 5 Best Mortgage Lenders For First-Time Homebuyers 2021

Photo by Ketut Subiyanto from Pexels
Forbes Advisor Staff Natalie Campisi reported that first-time homebuyers often face many challenges when buying a home. Simply because they don’t have the advantage of equity from a former home sale, the first-time homebuyer down payments are often smaller than people who have already bought and sold homes.   more...

01/29/2021

Living in a San Francisco Victorian is more affordable than it has been in years

Living in a San Francisco Victorian is more affordable than it has been in years

Photo by Tyler Shores from Pexels
Throughout the year, rent declines have been so substantial that the median two-bedroom apartment in the city is now renting for the median price of a one-bedroom a year ago.   more...

01/28/2021

San Jose leads way on the top 10 most popular metros for millennial homebuyers

San Jose leads way on the top 10 most popular metros for millennial homebuyers

Photo by Zen Chung from Pexels
The homebuyer demand was off the charts in 2020, but which markets saw the favor of the biggest group of homebuyers? Millennials! According to a new report from mortgage site LendingTree, millennial buyers became the majority of potential homebuyers in most of the country’s largest metro areas.   more...

01/26/2021

New COVID Relief Bill Covers up to 80% of Unpaid Rent

New COVID Relief Bill Covers up to 80% of Unpaid Rent

Photo by Jorge Maya on Unsplash California plans to extend eviction protections through the end of June while using federal money to pay off up to 80% of unpaid rent owed by tenants. Gov. Gavin Newsom and the top two legislative leaders of California state announced Monday night.
The proposal, which must be approved by the state Legislature, would extend a state law scheduled to expire next Monday that prevents landlords from evicting tenants who could not pay their rent between March and August because of the coronavirus pandemic.   more...

12/16/2020

Buying a Home in 2021? Here Are 3 Things to Keep in Mind

Buying a Home in 2021? Here Are 3 Things to Keep in Mind

Owning a home is a huge undertaking but a potentially rewarding one. When you buy a place of your own, you get to build equity in an asset that can increase in value over time. You also gain the stability of not having a landlord who can decide to renew your lease or not. But if you think that 2021 is the year for you to buy a home, you should know what the housing and mortgage market could have in store. Here are a few things to keep in mind:
You might pay more than you think: According to the Mortgage Bankers Association, the average buyer took out a $375,000 mortgage to purchase a home as of late November. Home values across the country have skyrocketed in 2020, and once 2021 kicks off, they're apt to stay that way. If you're hoping to buy in 2021, prepare to pay a premium, especially early on in the year, when prices and inventory will likely be comparable to what they are now. We recommend you take some time this year to review your budget and then establish an outer limit for what you can pay.   more...

12/14/2020

Pending Sale with Darryl Glass: 5425 Shattuck Avenue, Oakland, CA 94609

Pending Sale with Darryl Glass: 5425 Shattuck Avenue, Oakland, CA 94609

This blog post will update with the most recent changes around this listing.
We are glad to announce that this attractive income property/fixer-upper in the Temescal neighborhood is now pending sale! 5425 Shattuck Avenue comes with tenants paying rent, period details throughout the home, and an incredibly spacious backyard with small cabin. This 4-bedrooms, 2-bathroom home could be a great handyman's fixer-upper or a flippers dream — Take a look at these images below:   more...

12/04/2020

Just Sold by Darryl Glass: 5329 Wentworth Avenue, Oakland, CA 94601

Just Sold by Darryl Glass: 5329 Wentworth Avenue, Oakland, CA 94601

This blog post will update with the most recent changes around this listing.
We are glad to announce that this newly-renovated home in Melrose at 5329 Wentworth Avenue has now sold! This fully remodeled and upgraded home features three bedrooms, two bathrooms, and a spacious backyard with mature fruit trees. This light-filled craftsman's style home also features an expansive private backyard, perfect for hosting those family gatherings or socially distanced BBQs.   more...

Due to the Shelter in Place order our office is closed to the general public. As an Essential Business we are still open.
To contact us please call 510.250.7918 or email us at team@adventpropertiesinc.com.
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