One aspect of the real estate world that is growing in popularity in the state of California is the use of drones. Drones are not being used just for luxury residential real estate, either. Drone operators are increasingly being hired to help home owners to market and sell their homes more effectively.
Nearly all business owners face disputes at one point or another. The disputes may involve breach of contract allegations, disagreements with business partners, problems with vendors or suppliers, or issues with employees, to name a few.
Real estate values in Los Angeles County have recently risen. In fact, several counties in Southern California have seen their home values go up. Residential real estate in this part of the state had a median price of $465,000 in the month of August, which was an increase of more than 6 percent compared to last August, when the median price was $438,000.
Statistics show that the market for home properties was hot in the month of August in the state of California. This is in line with the normal activity of the residential real estate market in this season of the year. August usually sees a final burst of home-purchasing activity right before the fast-paced summer season draws to a close.
Internet scams are all over the place lately, and they have infiltrated the real estate market, as well. Wire transfer fraud in real estate transactions became a problem back in 2015 and is still claiming victims, especially in the Southern California region.
Understandably, making real estate decisions can be complicated no matter how many times a person has completed these types of transactions in the past. However, it can especially be overwhelming for those nearing retirement. A few tips may help retirees to make smart residential real estate decisions in California.
There have been concerns about the peaking of the real estate market in the southern part of California -- for instance -- in San Diego. However, new reports show that residential real estate price and sales appreciation in this part of the state continue to be healthy. In fact, pending home sales there rose more than 7 percent between last July and this July.