Have a luxury home? Then this article is for you!

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Real Estate Agent - Berkshire Hathaway HomeServices|California Properties - DRE #01397835
Great question!  According to an article on CNNMoney.com, credit worthiness is the biggest reason.  However, another reason that may not get a lot of visibility is the fact that low rates creates a rush on refinancing, causing rates to go up.  The bottom line is this: don’t assume that you will g...
A new bill is being proposed that would allow homeowners to tap into their 401(k) accounts to make their mortgage payments as well as to play catch-up on past-due payments without having to pay the stiff 10% early withdrawal tax.  But is this really a good idea?  Would this just keep people in th...

Bryan Devore

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According to a report in the San Diego Daily Transcript, luxury home prices increased in San Diego County in the fourth quarter of last year. This is from a study done by First Republic Bank. What is the value of the average luxury home in San Diego County? It is now at $1.64 million. Is your home more expensive or less?