How California leads the US Economy

California comprises one – eight of the United State’s population with over thirty nine (39) million people. Being one of the biggest state of America, it acquires an estimated $2.3 trillion gross domestic product. This state possesses a big and progressing economy, which overpower four (4) richest countries in the whole world. California’s economy is by large bigger than ever before and compared to most other economies in the world....

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Boom and Gloom: An Economic Warning For California

The Gloom California has encountered about twenty percent of the nation’s economic growth since 2011. In 2011 the Texas economy was doing so well and California’s so poorly. This made the Democratic lieutenant governor of California, Gavin Newson travel to Austin to seek advice from an unlikely mentor: the Republican governor of Texas, Rick Perry. When the Newson returned, he remarked appreciatively that the people in Texas were more aggressive...

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What Tax Deductions Are Available for Eco-Friendly Businesses?

Is your business considering going solar? Want to save money on your business power bills? You can be environmentally savvy and save on costs, and still get a tax credit off your business taxes for these projects. And you can have a more energy-efficient business building and also get a tax deduction for your expenses. You may be surprised to know that as a business owner, you are qualified to...

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Mortgage refinance applications surge as interest rates fall

An increasing number of homeowners appears to be queuing back to their mortgage lenders for refinancing as home loan interest rates now seem to be trending lower, reversing the rate uptick following last year’s U.S. presidential election. According to a seasonally adjusted report of the Mortgage Bankers Association (MBA) for the last week of November, there was a 9 percent weekly jump in applications to refinance. This surge in turn...

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Changes in the Bureau of Real Estate Licensing Rules for Agents and Brokers

The regulation of licenses is an important function of the California Bureau of Real Estate (CalBRE). The California Bureau of Real Estate was created to safeguard and promote the interests of the public through licensing, regulation, education and enforcement in matters of real estate. The Bureau does this by setting a standard of knowledge, tested through a written examination for licensing real estate agents, and through criteria of positive disclosure....

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How the Northern California Fire Will Affect the Wine Industry

California is prone to year-round fires, with those occurring during the fall being the most dangerous. The effects of the hot, dry summer temperatures become worse in later months because of winds from the Great Basin. Known as Diablo in the north and Santa Rosa in Southern California, these high winds cause fire to spread more quickly. For a long time, the edges of cities have encroached on the wild...

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Latest Commercial Real Estate Trends

According to sources from the Urban Land Institute and National Real Estate Investor, there are five major factors that affect commercial real estate trends in the United States. These factors will affect investor flows in cities or urban centers and transaction volume. These factors include: Global economic and political uncertainties Low interest and cap rate environment Foreign investment Slowing new supply Volatile energy markets Global economic and political uncertainties According...

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Hispanic Homeownership Surges

According to Housingwire.com, homeownership among Hispanics surged in 2016, whilst there was a drop for every other ethnicity. Hispanics are now considered the largest home-buying population in the U.S. Since the year 2000, realtor.org reports that Hispanic households have increased by 6.7 million and currently stand at 42.5% of the country’s household growth. The numbers ●       Homeownership increased to 46% back in 2016, which is a jump from the previous...

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Pros and Cons of Investing in Commercial Real Estate

Investing your money in commercial buildings could be a great asset and set you on your way to financial stability with a steady income. Commercial properties tend to offer a better outcome financially than residential properties. A commercial property also comes with some cons, though. For example, if you don't have the funds to keep the business above water, you could end up bankrupt. So be careful and make sure...

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All You Need to Know about Predatory Loans

Have you ever been manipulated or convinced to buy something, and after buying you realized it was fraud or a fake? How did you feel? It must have felt awful. You are not alone. Some have had that awful experience with their finances. According to the Coalition for Responsible Lending, borrowers in the United States lose $9.1 billion every year to predatory loaning practices. It has further discovered that knowing...

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