California REALTORS® applaud bill to raise capital gains exclusion and free up housing inventory
LOS ANGELES (Sept. 29) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the "More Homes on the Market Act," introduced today by House Representatives Jimmy Panetta (D-CA) and Mike Kelly (R-PA). The bipartisan bill increases the capital gain exclusion amounts on the sale of a principal residence to $500,000 for single filers and $1 million for joint filers and indexes the exclusion for inflation.Â
"California REALTORS® thank Congressman Panetta for introducing the 'More Homes on the Market Act,' which will provide the necessary tax relief for California homeowners, particularly senior citizens, who have been unable to move because of the onerous tax burden that co...
As the state's drought conditions continue to worsen, Californians have been asked to voluntarily reduce water use by 15%. If conservation efforts don't improve this summer, the state could be forced to impose mandatory water restrictions throughout the state.
California is feeling the impacts of climate change like never before – cycles of extreme heat and weather variability, long periods of drought and low snowpack are putting California on the cusp of the worst drought in our state's history. Today, more than 95% of the state is in "severe drought," and we simply do not have enough water to meet the needs of California's homes, businesses, farms and wildlife.
As we prepare for summer, vacations and fun, we must also prepare for record hot weather. While climate change and water supply shortages pose a huge challenge for the entire West, every Californian can take steps to make a difference by taking a summer-ready approach to wa...
Predatory lending has become an insidious financial problem in recent years for thousands of Californians. In any real estate loan, the loan terms and consequences must be adequately disclosed and, more importantly, financially feasible for the borrower. Through "flipping" and "packing," predatory lenders avoid these two requirements, reaping massive benefits while causing financial ruination for the consumer.
Fortunately for consumers, the California Legislature has recognized the growing pr...
Looking for California Avocados near you? California Avocados are in peak season from spring through summer. Visit our store locator to check availability near you.Â
We love California. It's a special place — the people, the beaches, the forests, the mountains and everything else. To give you an idea of what makes California Avocados particularly special, less than 1 percent of the state is suitable for growing them. We're talking only the richest of rich soil, the freshest coastal breezes and, of course, the friendly California sun. The most sublime weather conditions foster the growth of our superfood. This, accompanied by the care of nearly 3,000 California Avocado growers, ensures you of that creamy avocado taste with each slice.
WHY CALIFORNIA AVOCADOS?
FRESHNESS
California Avocados are born and raised right here in the U.S. They are meticulously cared for by California farmers and picked at their peak. Since they are grown close to home, California Avocados go from tree to table in just a few days.
CARE AND CRAFTSMANSHIP
It's a labor of love for our California Avocado growers. They are hands on, every step of the way.
CLIMATE
Fertile, sun-kissed soil and cool California breezes help create the ideal climate to produce world-class, premium avocados.
HOME IS WHERE THE GROVE IS
The Hass Avocado is a California native. The Hass variety was discovered in La Habra Heights, California, in the 1920s by Rudolph Hass. In fact, every Hass Avocado in the world can trace its lineage to the original Hass mother tree.
DID YOU KNOW?
The California Avocado season is from Spring through Summer. Find California Avocados It takes 14 to 18 months to grow a single California Avocado. One California Avocado tree can produce up to 200 avocados (or 100 pounds of fruit) per season. There are avocado festivals that celebrate the beloved California Avocado every year!Â
As of Tuesday, September 20, 2022, current rates in California are 6.38% for a 30-year fixed and 5.64% for a 15-year fixed.
We'll help you find California mortgage and refinances from top partners that are well below the national average. Compare, apply, and start saving today.
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