1st Quarter             2nd Quarter             3rd Quater             4th Quarter

2005
$1,195,000              $1,265,000               $1,345,000

2004:

$965,000                  $1,075,000              $1,000,000             $1,054,000

2003:

$805,000                  $850,000                  $892,500                $875,000

2002:

$675,000                  $800,000                  $799,000                $800,000         

I’ve been hosting "RADIO REAL ESTATE" since 1998.

Tune in to KZSB-AM 1290 Radio Live Monday mornings from 11:00 to noon.  Replayed Mondays at 9:00 PM and Saturdays at 2:00 PM.

Keep informed on the numbers and median prices for new listings; opened escrows; closed escrows; current active inventory compared to last year; inventory available under $1,000,000; and year to date median sales prices. In addition to weekly MLS updates, I present information on political, social, and environmental issues that effect real estate values our quality of life here on the South Coast.   You’ll hear information on legal and tax issues that impact you when you buy and sell real estate.   You might hear Historical Trivia Questions and a Home Maintenance Tip Of The Week.

NEW 1031 TAX LAW: On 10/22/04 President Bush signed into law corporate and foreign tax legislation that also contained a provision affecting IRC 1031. An Exchanger completes an exchange for a rental home that is held for investment & rents the property out for two years. The exchanger decides to move into their former rental house & live it in as their principal residence. Under the new law, the Exchanger will have to wait for at least three years before selling the principal residence & excluding gain under IRC 121.

 

Selling real estate since 1988............The answers you need, service you deserve

How can you transfer your existing low tax rate when you buy your new home, how can you do it before age 55, when can you do it a second time & which counties will accept it? When can you qualify for the entire $500,00 capital gains exclusion EVEN IF you haven’t lived in your home for two out of the last five years & you’re unmarried? How can Sellers be exempt from capital gains that exceed $500,000? What disclosures give a buyer the right to cancel the transaction within 3 days if delivered in person? When a Buyer signs a Seller’s counter offer, has the buyer bought the house?   What’s the difference between “as is” & “as was”?

If you were one of my clients, you’d know the answers to these questions.

Is it someone who’s Prudent or aggressive? Someone who can lead the way or someone who follows your lead?   Someone who encourages you to act quickly to avoid a missed opportunity or to act cautiously to protect your rights…or your deposit!   Depending on whether you’re a Buyer or a Seller, you might find the need for all of these attributes.

Since 1988 my full time job as a REALTOR is helping people like you buy and sell real estate.   So if you’re considering buying or selling or just curious to know how much your property is worth, call me at 805-898-4242. What are you looking for in a real estate agent? If you asked one of my clients, it’d be someone like me.  

 


Selling real estate since 1988............The answers you need, service you deserve

Graduate, REALTORS Institute

Awarded for completion of an advanced continuing education course in real estate practice.

CERTIFICATE OF RECOGINITION from the Santa Barbara Association of RELATORS

Presented to Mark Schneidman for his contributions to Real Estate & the community through his informative radio program & his efforts as a member of the Education Committee since 1990 & as chair of that committee in 2002 & 2003.

WINNER, 1998 HOWARD GATES AWARD from the Santa Barbara Association of REALTORS

Presented for his unique role in completing the most difficult and challenging transaction of the year.

Selling real estate since 1988............The answers you need, service you deserve