Real estate recovery and SBA 504 loans

This article comes from First Tuesday Journal Online This article introduces the federal Small Business Administration (SBA), and explains how real estate brokers can take advantage of SBA lending programs to generate income property transactions. Opportunities in SBA-guaranteed loans The owner of a small business seeks to take advantage of the current low property prices…

The property tax blues

As California property values continue to molder, so goes the state’s revenue. Counties across the Golden State are quickly realizing the relative worthlessness of their properties is leading to lower assessed market values and thus diminished revenue for county coffers. [For a report on California property tax rolls one year prior, see the August 2010…

The license disclosure myth

This article dispels the myth that a real estate licensee who acts solely as a principal in a real estate sales transaction must disclose the existence of their license in order to comply with California real estate law. Principal or agent: a crucial distinction A real estate licensee who acts solely as a principal when…

Jobs are scarce whether or not you can sell your home

This article examines the Federal Reserve Bank of Chicago’s report that job growth is not being staggered by ’house lock’ and analyzes the factors actually contributing to California’s lack of job growth. Underwater homes are not to blame The theory that a negative equity home keeps the unemployed homeowner from relocating and finding a job…

The fate of suburbia

This articles comes from First Tuesday Online Journal Part II of this article series comments on the deterioration of suburbia in its current form and discusses the factors shaping suburbia’s future. For a discussion of the coming depopulation of suburbia as the highly educated Generation Y and retiring Baby Boomers return to California’s urban cores,…