Joe Gallagher.Realtor

07/02/2024

Check out this Listing!

06/29/2024

Price Reduced! Come enjoy this amazing Beach Getaway...

MLS # ML81953426 (Active): 1 Beds, 1 Baths, 830 SQFT, home located at 125 Surf Way #331, Monterey, CA 93940 listed at $1,170,000. (MLSL) - Exquisite Coastal Retreat: Step into this meticulously renov...

08/17/2023

What out-of-State Buyers Should Know About California’s Transfer Taxes

08/13/2023

The Cost of Buying a House in 2023
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The current housing market is challenging for prospective and first-time homebuyers due to high home prices, mortgage rates, and low housing supply. The median price of a home in the US is $410,200, requiring a minimum of $12,306 for a 3% down payment, plus other associated costs. It is important fo...

08/05/2023

In CRE Outlook, Office Sees a Longer Recovery, Multifamily in High Demand, Retail Rebounds
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The Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows a mixed outlook for the commercial real estate industry in California. Office development is expected to slow due to high interest rates, while the multifamily sector remains strong. The survey advises clients to...

07/30/2023

Managing Commercial Real Estate Taxes in California's Challenging Market
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The commercial real estate market in California is facing one of the most difficult times in decades. For example, office towers in San Francisco have sold for much lower than their 2019 value, and hotels and retailers have announced plans to close their stores due to plunging sales, high vacancies....

07/18/2023

Ask Me Anything!
Have questions about real estate but not sure where to start?

Have questions about real estate but not sure where to start?

07/10/2023

First Dip in California Rents in Two Years

Joe Gallagher is a real estate agent with Sotheby's Int'l Realty-PG. Check out Joe Gallagher's listings or office listings.

07/01/2023

Average down payment for a home
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The down payment on a home is a percentage of the property's price paid for in cash upfront. Conventional loans require a minimum down payment of 3 percent, while FHA loans require 3.5 percent. VA loans and USDA loans don't require a down payment. In April 2023, 40% of respondents cited the inabilit...

06/22/2023

House Down Payments are Cheaper Than Ever, But You Pay the ...
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For decades, the recommended down payment on a house has been 20%, however due to rising home prices, the average down payment in 2022 was just 6%. Recently, two major lenders have started offering some customers mortgages with only 1% down payments, to help those struggling to buy a home. However,....

06/18/2023

Tax on short-term rentals like Airbnb could fund California affordable housing - Fort Bragg Advocate
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California lawmakers are considering Senate Bill 584 by Sen. Monique Limón, which would impose a 15% tax on short-term rentals to generate an estimated $150 million annually to build or rehabilitate low- and middle-income housing. Airbnb has rallied its hosts to oppose the bill, while Gov. Gavin Ne...

06/05/2023

Late-Q1 Sales and Prices for Condo/Townhome in California

Joe Gallagher is a real estate agent with Sotheby's Int'l Realty-PG. Check out Joe Gallagher's listings or office listings.