Mike Merlo Real Estate

05/30/2024

This page has obviously been hacked.

03/09/2022

01/15/2022

12/29/2021

What can Prop 19 do for you? Here are some of the featured benefits of the law:

TAX SAVINGS FOR OLDER 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, allowing older homeowners to transfer the tax base of their home to a new home.*

SAVINGS FOR HOMEOWNERS WITH SEVERE DISABILITIES
Prop 19 also removed unfair restrictions on Californians with severe disabilities, allowing homeowners to move to a replacement home anywhere in California without
a tax penalty.*

Under Prop 19, homeowners with severe disabilities can transfer the tax base of their existing home to a replacement home up to three times.

HOUSING RELIEF FOR VICTIMS OF WILDFIRE AND NATURAL DISASTER:
After wildfires destroyed more than 24,000 family homes in the past few years, wildfire victims have faced massive property tax hikes when relocating to another home.

Prop 19 allows victims of wildfire or natural disaster to transfer the property tax base of their damaged house to a replacement home anywhere in California.*

INCREASED INVENTORY FOR YOUNG FAMILIES & FIRST-TIME BUYERS:
Millions of older homeowners feel trapped in homes that no longer meet their needs — they want to move to senior housing or retirement communities, or downsize to smaller homes. Prop 19 lets them move without a tax penalty.*

As more seniors take advantage of Prop 19’s tax savings, homeownership opportunities will open up each year for renters, young families, and first-time homebuyers in communities throughout California.

* California Association of Realtors

11/09/2021

Housing Market Update!

11/09/2021

San Francisco County September Stats.

11/09/2021

San Mateo County September Stats. Average day on market is 9.

11/09/2021

Sonoma County Stats for September. Still no dramatic changes. Low inventory across the county.

08/06/2021

California Housing Perspective second half of '2021.

The housing market in California has been red hot since last July, but a seasonal slow-down is expected in the second half of 2021. Could that be good news for buyers? Download this Housing Perspective to help your clients understand market trends and prepare for their next move.

Mike Merlo - Sonoma County Properties
707.339.1187
[email protected]
www.mikemerlo.com