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SALES AND PRICE ACTIVITY REGIONAL

SALES AND PRICE ACTIVITY (SFH Homes)
Regional/ Sales Data and Condo Sales Data Not Seasonally Adjusted
February-18 Median Sold Price of Existing Single-Family Homes Sales
State/Region/County Feb-18 Jan-18 Feb-17 Price MTM% Chg Price YTY% Chg  Sales MTM% Chg  Sales YTY% Chg
CA SFH (SAAR) $522,440 $527,780 R $480,270 R -1.0% 8.8% 3.3% 5.4%
CA Condo/Townhomes $461,400 $433,160 R $407,100 R 6.5% 13.3% 5.5% -2.4%
Los Angeles Metropolitan Area $497,730 $492,450 $454,520 R 1.1% 9.5% -7.3% -2.5%
Inland Empire $352,570 $349,710 $327,440 R 0.8% 7.7% -3.6% -1.2%
S.F. Bay Area $893,690 $809,900 $784,470 10.3% 13.9% 7.5% 7.1%
S.F. Bay Area Feb-18 Jan-18 Feb-17 Price MTM% Chg Price YTY% Chg  Sales MTM% Chg  Sales YTY% Chg
Alameda $832,000 $840,000 $786,000 -1.0% 5.9% 5.4% 6.8%
Contra Costa $610,000 $555,000 $554,250 9.9% 10.1% 0.7% 11.2%
Marin $1,371,000 $1,317,500 $1,174,500 4.1% 16.7% 1.2% 1.2%
Napa $713,500 $662,000 $660,000 7.8% 8.1% -7.9% 18.6%
San Francisco $1,730,000 $1,330,000 $1,276,000 30.1% 35.6% 8.6% -4.7%
San Mateo $1,610,000 $1,437,500 $1,352,000 12.0% 19.1% 30.2% 16.1%
Santa Clara $1,383,500 $1,170,000 $1,100,000 18.2% 25.8% 19.3% 5.7%
Solano $430,000 $425,000 $382,500 1.2% 12.4% 8.0% 3.1%
Sonoma $689,000 $670,000 $598,640 2.8% 15.1% -5.5% 3.9%
Southern California Feb-18 Jan-18 Feb-17 Price MTM% Chg Price YTY% Chg  Sales MTM% Chg  Sales YTY% Chg
Los Angeles $527,280 $564,100 $470,200 R -6.5% 12.1% -6.0% -3.9%
Orange $805,380 $780,000 $745,000 3.3% 8.1% 5.0% -1.0%
Riverside $396,250 $397,250 $367,250 -0.3% 7.9% 1.7% -0.8%
San Bernardino $278,000 $277,000 $265,000 R 0.4% 4.9% -11.2% -2.0%
San Diego $605,000 $590,000 $559,950 2.5% 8.0% 4.7% -3.9%
Ventura $609,000 $660,720 $582,500 R -7.8% 4.5% -17.7% -7.1%
Central Coast Feb-18 Jan-18 Feb-17 Price MTM% Chg Price YTY% Chg  Sales MTM% Chg  Sales YTY% Chg
Monterey $590,000 $571,500 $535,000 3.2% 10.3% -8.2% 7.7%
San Luis Obispo $605,000 $565,000 $556,000 7.1% 8.8% -21.9% -4.3%
Santa Barbara $755,000 $567,000 $844,000 33.2% -10.5% 1.3% 16.7%
Santa Cruz $800,000 $790,000 $799,000 1.3% 0.1% -23.5% -9.3%
Central Valley Feb-18 Jan-18 Feb-17 Price MTM% Chg Price YTY% Chg  Sales MTM% Chg  Sales YTY% Chg
Fresno $265,000 $245,450 R $230,000 R 8.0% 15.2% 4.0% 5.7%
Glenn $219,600 $228,500 $181,500 -3.9% 21.0% -31.3% -8.3%
Kern $237,000 $225,500 $218,000 5.1% 8.7% 3.4% 4.2%
Kings $215,000 $238,000 $222,500 -9.7% -3.4% -11.1% -17.9%
Madera $255,000 $275,000 $230,000 R -7.3% 10.9% 17.6% -55.6%
Merced $267,850 $257,000 $231,000 4.2% 16.0% 2.8% 31.0%
Placer $472,370 $446,000 $435,000 5.9% 8.6% -0.6% 0.0%
Sacramento $350,000 $350,000 $324,900 0.0% 7.7% 0.4% 11.4%
San Benito $545,000 $555,000 $517,500 -1.8% 5.3% -18.6% -7.9%
San Joaquin $365,000 $350,000 $314,730 4.3% 16.0% -4.8% 9.4%
Stanislaus $300,000 $295,000 $270,500 1.7% 10.9% -5.9% -4.5%
Tulare $225,000 $215,730 $216,500 4.3% 3.9% -0.4% 3.5%
Other Counties in California Feb-18 Jan-18 Feb-17 Price MTM% Chg Price YTY% Chg  Sales MTM% Chg  Sales YTY% Chg
Amador $318,500 $330,000 $265,000 -3.5% 20.2% 15.2% 65.2%
Butte $297,000 $314,750 $290,000 -5.6% 2.4% 0.0% -6.1%
Calaveras $311,500 $306,500 $294,500 1.6% 5.8% 7.5% 22.9%
Del Norte $216,500 $198,500 $265,000 9.1% -18.3% -10.0% 28.6%
El Dorado $468,000 $480,000 $419,500 -2.5% 11.6% -5.0% 24.3%
Humboldt $291,700 $300,000 $297,500 -2.8% -1.9% -7.0% 17.6%
Lake $234,500 $279,000 $230,000 -15.9% 2.0% -7.4% 8.7%
Lassen $280,000 $217,750 $171,000 28.6% 63.7% -35.0% 44.4%
Mariposa $357,000 $276,500 $335,000 29.1% 6.6% 37.5% -26.7%
Mendocino $420,000 $425,000 $381,500 -1.2% 10.1% -26.3% -9.7%
Mono $830,000 $480,000 $520,880 72.9% 59.3% 80.0% 50.0%
Nevada $400,000 $382,000 $390,000 4.7% 2.6% 33.3% 28.0%
Plumas $261,500 $265,950 $210,000 -1.7% 24.5% -30.0% 16.7%
Shasta $255,000 $249,000 $235,000 2.4% 8.5% -2.6% 7.4%
Siskiyou $200,000 $193,000 $240,000 3.6% -16.7% -17.5% 43.5%
Sutter $283,500 $284,200 $269,120 -0.2% 5.3% 8.3% 69.6%
Tehama $189,000 $227,500 $225,000 -16.9% -16.0% 3.1% 73.7%
Tuolumne $274,000 $265,000 $287,500 3.4% -4.7% -25.5% -14.6%
Yolo $397,500 $383,000 $372,000 3.8% 6.9% 6.2% -4.4%
Yuba $269,000 $265,360 $256,500 1.4% 4.9% 5.2% -11.6%
Note: The  MLS median price and sales data in the table below are generated from a survey of more than 90 associations of REALTORS® throughout the state, and represent statistics of existing single-family detached homes only.   sales data are not adjusted to account for seasonal factors that can influence home sales.  Movements in sales prices should not be interpreted as changes in the cost of a standard home.  Median prices can be influenced by changes in cost, as well as changes in the characteristics and the size of homes sold.  Due to the low sales volume in some areas, median price changes may exhibit unusual fluctuation.
Los Angeles Metropolitan Area is a 5- region that includes Los Angeles , Orange , Riverside , San Bernardino , and Ventura
S.F. Bay Area has been redefined to include the following counties: Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma
Inland Empire includes Riverside  and San Bernardino
Note: “r” = revised
Scheduled Date for Press Release: 03/19/17

SHARE THE WARMTH…

 

FOR IMMEDIATE RELEASE

Contact Name: Diana Escobar

Contact email: PPM4rent@aol.com

 

Professional Property Management Seeks Coat Donations

 

Professional Property Management and One Warm Coat®,

spreading warmth…one coat at a time.

 

[El Sobrante, Calfornia, October, Day,2017 – Professional Property Management is hosting a coat drive to collect clean, gently worn, warm coats on October 16, 2017 thru January 31, 2018 between 9:00 AM and 5:00PM at 5054 El Portal Drive, Suite C, El Sobrante, CA . Area residents are invited to make a difference in our local community by donating to the coat drive and helping Professional Property Management reach their goal of collecting 500 coats and $1,000.00 dollars.

 

“We are so excited about our upcoming One Warm Coat drive and hope the community will support us.  There are nearly 50 million Americans currently living in poverty and struggling to provide a warm coat for themselves or their families.  One Warm Coat’s program helps us keep all of the coats we collect in this community, which will make a big difference for our neighbors who need a coat” said Coat Drive Ambassador and Professional Property Management’s Assistant Manager, Diana Escobar.

 

Customers who do not have a coat to donate can still get involved:

  • Professional Property Management will be asking for donations for One Warm Coat during check-out at the register.
  • Text “WARM” to 80100 to donate $10 to One Warm Coat
  • Visit onewarmcoat.org/donate

 

Each year, hundreds of thousands of gently worn coats are distributed across North America to children, women and men in need through One Warm Coat’s Coat Drive program. “We are so grateful for our partners like Professional Property Management!  It is because of our incredible volunteers that we have been around for 25 years, helping get coats to our neighbors who need them. Thanks to Professional Property Management’s efforts, many people in this community will have a much warmer winter”, commented Jennifer Stockard, President and Chief Executive Officer of One Warm Coat.

 

One Warm Coat is a national non-profit organization that works to provide a free, warm coat to any person in need and raises awareness of the vital need for warm coats.  One Warm Coat supports individuals, groups, companies and organizations across the country by providing the tools and resources needed to hold a successful coat drive.  Coats are distributed in the communities where they were collected, to any person in need, without charge, discrimination or obligation. Over the past 25 years, One Warm Coat has worked with its volunteers to give away nearly 5 million coats.

 

Professional Property Management is a full service Real Estate Brokerage specializing in Residential and Commercial Real Estate Leasing, Management and Sale throughout the East Bay Area. Professional Property Management is located at 5054 El Portal Drive, Suite C, El Sobrante, CA 94803 510-758-5636 CAL BRE 01902148

 

Apartment Owners Targeted for Huge Tax Increase!

Apartment Owners Targeted for Huge Tax Increase!

Provided by Apartment Owners Association, May 2017

That is, unless you and I raise our voices before they raise our taxes. As you may have heard, you are a part of that “1%” the politicians talk about. You see, they also look at your wealth even though they only talk about people with incomes of over $250,000 a year. As long-time real estate investors, you and I have much more wealth than most of those people who have yearly earnings of $250,000!

The difference? Most of them spend the $250,000, while you saved a part of whatever you earned. Apartment owners who have never earned over $50,000 a year from their jobs are worth millions and the politicians know it. They never talked about it because they wanted to suck in as many sheep as possible by getting voters to think bad things about high income people. They succeeded at getting the voters to think ill of everybody who was financially successful.

It’s now your turn! The politicians will be trying to turn voters against so-called “rich property owners” as they carry over this idea of creating ill will between the “haves” and the “have-nots”. In fact, you may have noticed that the news media is already dropping the 1% term and replacing it with “the wealthy”.

How Will They Do It?

The first thing that comes to mind is Proposition 13. The politicians have spent more money than they have forced us to pay and now they “need” more and more and more. So how can they get it? Simple – just change the rules that have protected property owners for so many years. Change Prop13 and they can raise property taxes on the “rich” commercial property owners. This is now possible because they have, for the first time, a 2/3 majority in both the Senate and the Assembly. The only way they can spend big is if they tax big and you are now their target!

Who Will Support The Politicians Doing This?

If they don’t touch homeowners, they will be able to pass their tax increases without much opposition. Only 1%-2% of the voters own commercial property. They can easily pit all the homeowners against the “rich commercial property owners” and keep the votes of the other 98%. It worked by tricking the voters in the last election to be in favor of taxing the “rich” who earned over $250,000. Many of these voters did not realize that they would probably be next. Just as these homeowners are now totally unaware that the politicians will eventually come after them too!

“Nothing But The Facts”

  1. Proposition 13 limits the taxation of all property.
  2. This can now be changed by our politicians with a 2/3 vote.
  3. The party in favor of raising taxes now has a 2/3 majority in both the Senate and the Assembly.
  4. They can collect millions more in taxes if they split the tax rolls on multi-family rental property and tax it at a higher rate than they tax homeowners’ properties.
  5. Homeowners will not complain any more than those who earned less than $250,000 complained about taxing the “rich”. You know, “As long as they raise taxes on the other guy, it’s OK!”
  6. Soooo, many legislators are now licking their chops and proposing that commercial property owners (this includes apartments) be taxed at a much higher rate than homeowners.
  7. Our elected officials are already planning to put it on the ballot!
  8. YOU are going to be “taken to the laundry” unless this whole idea can be stopped now.
  9. A campaign to protect 100% of Prop13 is urgently needed today!

It Costs Money!

All apartment owners and other commercial property owners throughout the state must join together immediately. Don’t wait before you join together and do your part. Please don’t leave it up to AOA or any other organization. YOU are AOA and you are the intended victim that they are going after and nobody else is more interested in keeping your property taxes from skyrocketing than YOU! All organizations in favor of property rights and/or lower taxes must join hands and ask their members to do two things right now.

Do It Now!

Number One: Write the Assemblyperson and the State Senator who represents you. You can get their name and address by going to http://senate.ca.gov/senators or http://assembly.ca.gov/assemblymembers. Explain to them how draconian a tax increase would be at this time and ask them to please lower the spending part of their budget. Tell them how you would personally be affected if that would help. Also tell them that the people voted Prop13 in and that it seems wrong for them to change it without a vote of the people. You might ask them to reduce spending instead of raising taxes.

Number Two: Donate, donate and donate some more! You can donate online at http://www.aoausa.com/govabuse/ or send a check payable to the AOA Political Action Committee and mail it to AOA PAC at 6445 Sepulveda Blvd., Suite 300, Van Nuys, CA 91411 TODAY! Why not do it now before you stop reading this article or you will just forget about it until you receive your property tax bill with a huge increase of thousands of dollars. I’m sure you don’t want to send thousands of more dollars to the politicians to waste in Sacramento. So instead, send a much smaller check today to the AOA PAC. (As you know, political action costs money and your tenants are certainly not going to join together with your side. If you want the job done, you are the one who is going to have to do it.)

Your dollars will be put together with other organizations as we unite in strength to stop this nonsense of raising your taxes.

P.S. Please visit http://www.aoausa.com/govabuse/ to donate at least $50 for every unit you own or control. More would be even better. Keep in mind that this project is just for you, and if lost, you will be paying many thousands of dollars more in taxes from now until forever! I know that you care, so let me hear from you today. Thank you for your support!!