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Whitelaw and Sons Real Estate Morgan Hill
reaching your real estate goals
Robert Whitelaw, Realtor®

Robert Whitelaw, Realtor®

Published:Mar 8, 2024

Born and raised in Silicon Valley, Robert has helped clients successfully buy, sell and invest in real estate throughout Santa Clara County. Robert uses his local market knowledge to help clients across Silicon Valley!
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Things are looking rough for California residents in 2024. A nearly $100 billion dollar surplus has been turned into $73 billion (and growing) deficit.

Sadly, the solution from Sacramento seems to be doubling down on the policies that are causing many of these issues. New changes to the law have been proposed that will be voted on later this year designed to make it easier for California politicians to raise taxes. 

Keep An Eye On Prop 13

In addition, this approach seems poised to try and challenge the one thing that has at least kept property taxes at bay – proposition 13. 

More Money Or Less Spending

Instead of making the needed budget cuts to meet needs, the typical tendency to take more in tax revenue ends up encouraging more residents to leave. Of course, the biggest earners – and therefore the biggest contributors to tax revenues – see the economic landscape they face in California and decide to leave the state all together.

Today, we will chat about all that and get a feeling for what everyone will be facing in 2024 in California.

 

Check Out The Last Show!

NAR SETTLEMENT

NAR Settlement – For Buyers and Sellers

The NAR settlement, once it is approved, is set to go into effect in the middle of July 2024. This will completely change how Buyers agent are compensated and we can count on chaos while the systems adjust to the new reality.

Get Your FREE Home Value Estimate!

Just enter your address and get access to your instant home value estimate, but also amazing tools to evaluate refinance options, your equity, ways to levarage your homes equity, how to pay your home off faster… and so much more!

Schedule A Consultation With Robert!

 

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