Rolling Hills CA Mostly underground to avoid code restrictions. “One of the most unique properties in the world will go to no reserve auction on July 26th – a 51,000-square-foot mansion that is mostly underground.”

California Subterranean Mansion Going To Auction
California Subterranean Mansion Going To Auction! Home Photos One of the most unique properties in the world will go to no reserve auction on July 26th – a 51,000-square-foot mansion that is mostly underground.Top 10 Florida Condos For SaleAlmost as big as the White House, Hacienda de la Paz on 7.4…
More info @ https://www.toptenrealestatedeals.com/homes/weekly-ten-best-home-deals/2018/07-12-2018/1/
Rolling Hills CA
Mostly underground to avoid code restrictions.

“One of the most unique properties in the world will go to no reserve auction on July 26th – a 51,000-square-foot mansion that is mostly underground.” Positive Real Estate News – http://www.facebook.com/pages/p/166701730035514
July 17, 2018 at 08:57PM

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Spider Juice Technologies on Google
This is the month where Google is finally going to drop the hammer down on websites who are not https. We have been converting all year for our clients and newcomers. If you would like to learn how, this is a pretty decent article. Careful though one slip up and bye bye website. You can always call….
More info @ https://search.google.com/local/posts?q=Spider+Juice+Technologies&ludocid=15759721248940489516&lpsid=4857208822564579366
Positive Real Estate News – http://www.facebook.com/pages/p/166701730035514
July 14, 2018 at 05:00PM

one each in: Colorado, Georgia, Massachusetts, Ohio, Tennessee, and Texas. Rank County State Median Household Income 1 Loudoun County Virginia $134,464 2 Howard County Maryland $120,941 3 Fairfax County Virginia $115,717 4 Hunterdon County New Jersey $113,684 5 Santa Clara County California $111,069 6 Arlington County Virginia $110,388 7 Douglas County Colorado $109,292 8 San Mateo County California $108,627 9 Morris County New Jersey $106,985 10 Williamson County Tennessee $106,054 11 Nassau County New York $105,870 12 Somerset County New Jersey $104,478 13 Marin County California $103,845 14 San Francisco County California $103,801 15 Delaware County Ohio $101,693 16 Forsyth County Georgia $100,909 17 Montgomery County Maryland $99,763 18 Calvert County Maryland $98,732 19 Prince William County Virginia $97,986 20 Stafford County Virginia $97,484 21 Putnam County New York $96,992 22 Anne Arundel County Maryland $96,483 23 Charles County Maryland $95,735 24 Rockwall County Texas $95,731 25 Middlesex County Massachusetts $95,249

List of highest-income counties in the United States – Wikipedia
There are 3,144 counties and county-equivalents in the United States. The source of the data is the U.S. Census Bureau and the data is current as of the indicated year. Independent cities are considered county-equivalent by the Census Bureau.
More info @ https://en.wikipedia.org/wiki/List_of_highest-income_counties_in_the_United_States
one each in: Colorado, Georgia, Massachusetts, Ohio, Tennessee, and Texas.
Rank County State Median Household Income
1 Loudoun County Virginia
$134,464
2 Howard County Maryland
$120,941
3 Fairfax County Virginia
$115,717
4 Hunterdon County New Jersey
$113,684
5 Santa Clara County California
$111,069
6 Arlington County Virginia
$110,388
7 Douglas County Colorado
$109,292
8 San Mateo County California
$108,627
9 Morris County New Jersey
$106,985
10 Williamson County Tennessee
$106,054
11 Nassau County New York
$105,870
12 Somerset County New Jersey
$104,478
13 Marin County California
$103,845
14 San Francisco County California
$103,801
15 Delaware County Ohio
$101,693
16 Forsyth County Georgia
$100,909
17 Montgomery County Maryland
$99,763
18 Calvert County Maryland
$98,732
19 Prince William County Virginia
$97,986
20 Stafford County Virginia
$97,484
21 Putnam County New York
$96,992
22 Anne Arundel County Maryland
$96,483
23 Charles County Maryland
$95,735
24 Rockwall County Texas
$95,731
25 Middlesex County Massachusetts
$95,249 Positive Real Estate News – http://www.facebook.com/pages/p/166701730035514
July 13, 2018 at 10:39PM

The nation’s political capital is also becoming its wealth capital. Two of the top 10 states for millionaires per capita are in the Washington, D.C., area, with the district itself also making the list, according to a new study. Maryland once again topped this year’s rankings, created by the Wealth & Affluent Monitor and published by Phoenix Marketing International. Fully 170,140 of the state’s 2.25 million households are millionaires, shaking out to 7.55 percent. Virginia ranked No. 8, with 6.64 percent of its households being millionaires. The District of Columbia came in 9th at 6.32 percent. The rankings are the latest evidence that the U.S. government — with its burgeoning army of lobbyists, lawyers, analysts and investors — is becoming more of a wealth hub. Measured in total numbers, California, Texas and New York dominated the millionaire count. California has 832,849 millionaire households; Texas 526,977; and New York 444,616. The biggest gainers from 2015 to 2016 were Utah (17th), Michigan (29th), Arizona (30th) and Ohio (31st). All four moved up five slots. The biggest decliner was New Mexico, which dropped 11 places to 43rd. Its ranking has been dwindling due to weakness in oil and gas markets. Phoenix Marketing International defines millionaire households as those with $1 million or more in investible assets, which include education/custodial accounts, individually-owned retirement accounts, stocks, options, bonds, mutual funds, managed accounts, hedge funds, structured products, ETFs, cash accounts, annuities, and cash value life insurance policies. Here are the top five and bottom five states in millionaires per capita. The rankings include Washington, D.C. 1. Maryland – 7.55 percent 2. Connecticut – 7.4 percent 3. New Jersey – 7.39 percent 4. Hawaii – 7.35 percent 5. Alaska – 7.15 percent 47. Alabama – 4.46 percent 48. Kentucky – 4.32 percent 49. West Virginia – 4.22 percent 50. Arkansas – 4.08 percent 51. Mississippi – 3.77 percent https://www.cnbc.com/2017/02/16/these-states-have-the-most-millionaires-per-capita.html

These states have the most millionaires per capita
The nation’s political capital is also becoming its wealth capital.
More info @ https://www.cnbc.com/2017/02/16/these-states-have-the-most-millionaires-per-capita.html
The nation’s political capital is also becoming its wealth capital.

Two of the top 10 states for millionaires per capita are in the Washington, D.C., area, with the district itself also making the list, according to a new study.

Maryland once again topped this year’s rankings, created by the Wealth & Affluent Monitor and published by Phoenix Marketing International. Fully 170,140 of the state’s 2.25 million households are millionaires, shaking out to 7.55 percent.

Virginia ranked No. 8, with 6.64 percent of its households being millionaires. The District of Columbia came in 9th at 6.32 percent.

The rankings are the latest evidence that the U.S. government — with its burgeoning army of lobbyists, lawyers, analysts and investors — is becoming more of a wealth hub.

Measured in total numbers, California, Texas and New York dominated the millionaire count. California has 832,849 millionaire households; Texas 526,977; and New York 444,616.

The biggest gainers from 2015 to 2016 were Utah (17th), Michigan (29th), Arizona (30th) and Ohio (31st). All four moved up five slots. The biggest decliner was New Mexico, which dropped 11 places to 43rd. Its ranking has been dwindling due to weakness in oil and gas markets.

Phoenix Marketing International defines millionaire households as those with $1 million or more in investible assets, which include education/custodial accounts, individually-owned retirement accounts, stocks, options, bonds, mutual funds, managed accounts, hedge funds, structured products, ETFs, cash accounts, annuities, and cash value life insurance policies.

Here are the top five and bottom five states in millionaires per capita. The rankings include Washington, D.C.

1. Maryland – 7.55 percent
2. Connecticut – 7.4 percent
3. New Jersey – 7.39 percent
4. Hawaii – 7.35 percent
5. Alaska – 7.15 percent

47. Alabama – 4.46 percent
48. Kentucky – 4.32 percent
49. West Virginia – 4.22 percent
50. Arkansas – 4.08 percent
51. Mississippi – 3.77 percent

https://www.cnbc.com/2017/02/16/these-states-have-the-most-millionaires-per-capita.html Positive Real Estate News – http://www.facebook.com/pages/p/166701730035514
July 13, 2018 at 10:35PM

LAs richest hoods The top 10 richest neighborhoods in Los Angeles County, with their mean household income: Beverly Park: $502,440 The Hill Section of Manhattan Beach: $399,820 Beverly Hills (the 90120 section): $395,734 Hidden Hills: $383,731 Rolling Hills: $373,524 Bel-Air Estates: $355,007 Upper Laurel Canyon: $332,037 Brentwood Park: $324,289 Coldwater Canyon: $323,929 Brentwood Heights: $321,933

The 10 richest neighborhoods in Los Angeles
LA County has plenty of affluent areas, but the neighborhoods at the very top may be surprising.
More info @ https://la.curbed.com/2017/5/30/15716230/la-richest-neighborhoods-wealthy-expensive-incomes
LAs richest hoods

The top 10 richest neighborhoods in Los Angeles County, with their mean household income:

Beverly Park: $502,440
The Hill Section of Manhattan Beach: $399,820
Beverly Hills (the 90120 section): $395,734
Hidden Hills: $383,731
Rolling Hills: $373,524
Bel-Air Estates: $355,007
Upper Laurel Canyon: $332,037
Brentwood Park: $324,289
Coldwater Canyon: $323,929
Brentwood Heights: $321,933 Positive Real Estate News – http://www.facebook.com/pages/p/166701730035514
July 13, 2018 at 08:52PM

Homeowners are sitting on a record amount of cash – and not tapping it Homeowners now have a collective $5.8 trillion in tappable equity, the highest volume ever recorded. The average homeowner with a mortgage gained $14,700 in tappable equity over the past year and has $113,900 available to draw. The collective amount of so-called tappable equity, which is the appraised value of a home minus the 20 percent most lenders require borrowers to keep as a safety net, grew by 7 percent in the first quarter of this year compared with the previous quarter, according to Black Knight, a mortgage software and analytics company. That is the largest single-quarter growth since the company began tracking it in 2005. It is up 16.5 percent compared with a year ago.

Homeowners are sitting on a record amount of cash at $5.8 trillion – but still not tapping it
Homeowners are gaining thousands of dollars in available equity to tap, but they are taking out very little. It may be that they don’t know how much they have or that they are generally more conservative after the last housing crash.
More info @ https://www.cnbc.com/2018/07/09/homeowners-sitting-on-record-amount-of-cash-and-not-tapping-it.html
Homeowners are sitting on a record amount of cash – and not tapping it
Homeowners now have a collective $5.8 trillion in tappable equity, the highest volume ever recorded.
The average homeowner with a mortgage gained $14,700 in tappable equity over the past year and has $113,900 available to draw.
The collective amount of so-called tappable equity, which is the appraised value of a home minus the 20 percent most lenders require borrowers to keep as a safety net, grew by 7 percent in the first quarter of this year compared with the previous quarter, according to Black Knight, a mortgage software and analytics company. That is the largest single-quarter growth since the company began tracking it in 2005. It is up 16.5 percent compared with a year ago. Positive Real Estate News – http://www.facebook.com/pages/p/166701730035514
July 09, 2018 at 03:37PM

San Francisco house prices grew the fastest ever in the first half of 2018 as the tech boom shows no signs of slowing

San Francisco house prices explode in the first half of 2018 as tech boom shows no signs of slowing
The average price of a house in San Francisco grew by $205,000 in the first half of 2018, according to data from the MLS compiled by local real estate agency Paragon.
More info @ https://www.cnbc.com/2018/07/06/san-francisco-house-prices-grew-fastest-ever-in-the-first-half-of-2018.html
San Francisco house prices grew the fastest ever in the first half of 2018 as the tech boom shows no signs of slowing Positive Real Estate News – http://www.facebook.com/pages/p/166701730035514
July 06, 2018 at 08:58PM

Home building jumped to near an 11-year high in May as the U.S. economy continued to show signs of acceleration. Housing starts ran at a seasonally adjusted annual 1.35 million annual rate in May, the Commerce Department said Tuesday. That exceeded the 1.3 million page expected by economists. This is the fastest annual pace for home builders breaking ground on new construction since 2007. The pace was 5 percent higher than April and 20.3 percent higher than a year ago. The faster pace of construction likely explains most of the increase in construction materials. The price of framing lumber, as measured by the Random Lengths Composite Framing Price index, rose 10 percent in May, prompting the National Association of Home Builders to decry Trump administration tariffs on lumber imported from Canada. But with housing starts up 20.3 percent compared with a year prior, it is more likely the bulk of the increase in price was due to rapidly increasing demand.http://www.breitbart.com/economics/2018/06/19/u-s-homebuilding-surges-near-11-year-high/

U.S. Homebuilding Surges Near 11-Year High Despite Builder Complaints about Lumber Tariffs and Labor Shortages | Breitbart
National Association of Home Builders complained that Trump administration tariffs on lumber imported from Canada were hurting builders. Housing starts data, however, show the market is roaring ahead.
More info @ http://www.breitbart.com/economics/2018/06/19/u-s-homebuilding-surges-near-11-year-high/
Home building jumped to near an 11-year high in May as the U.S. economy continued to show signs of acceleration.
Housing starts ran at a seasonally adjusted annual 1.35 million annual rate in May, the Commerce Department said Tuesday. That exceeded the 1.3 million page expected by economists.

This is the fastest annual pace for home builders breaking ground on new construction since 2007. The pace was 5 percent higher than April and 20.3 percent higher than a year ago.

The faster pace of construction likely explains most of the increase in construction materials. The price of framing lumber, as measured by the Random Lengths Composite Framing Price index, rose 10 percent in May, prompting the National Association of Home Builders to decry Trump administration tariffs on lumber imported from Canada. But with housing starts up 20.3 percent compared with a year prior, it is more likely the bulk of the increase in price was due to rapidly increasing demand.http://www.breitbart.com/economics/2018/06/19/u-s-homebuilding-surges-near-11-year-high/ Positive Real Estate News – http://www.facebook.com/pages/p/166701730035514
June 19, 2018 at 08:33PM