On July 18, 2022, California Association of Realtors (C.A.R) reported the homes values decreased 2.3% to the price of $1,265,000 in June of 2022 from price of $1,295,000 in May of 2022, but gained 11.2% from price of $1,138,000 in June of 2021 in Orange County, California. While, homes sales dropped 6.2% in June of 2022 from May of 2022, and fell 36.1% from June of 2021 in Orange County, California.There were 2.4 months supplies of available inventory of homes in June of 2022, higher from 2.0 months in May of 2022, and rose from 1.5 months in June of 2021. An average it took 9.0 days to sell a home in June 2022, up from 8.0 days in May of 2022, and increased from 7.0 days in June of 2021 in Orange County, California.For complete more detailed information about the California Association... 07/26/2022

On June 16, 2022, California Association of Realtors (C.A.R) reported that homes values declined 2.3% to an average price of $1,295,000 in May of 2022 from an average price of $1,325,000 in April of 2022, but rose 17.7% from $1,100,000 in May of 2021. While, homes sales decreased 3.9% in May of 2022 from April of 2022, and fell 22.6% from May of 2021 in Orange County, California.There were 2.0 months supplies of available inventory of homes in May of 2022 higher from 1.7 months in April of 2022, and increased from 1.7 months in May of 2021. An average it took 8.0 days to sell a home in May 2022, up from 7.0 days in April of 2022, and grew from 7.0 days in May of 2021 in Orange County, California.For complete more detailed information about the California Association of Realtors’ May of ... 06/24/2022

On May 17, 2022, California Association of Realtors (C.A.R) reported the homes values were gained 1.5% to the price of $1,325,000 in April of 2022 from price of $1,305,000 in March of 2022, and jumped 20.5% from price of $1,100,000 in April of 2021 in Orange County, California. While, homes sales rose 4.3% in April of 2022 from March of 2022, but fell 27.6% from April of 2021 in Orange County, California.There were 1.7 months supplies of available inventory of homes in April of 2022, up from 1.6 months in March of 2022, and higher from 1.5 months in April of 2021 in Orange County, California.An average it took 7.0 days to sell a home in April 2022, increased from 6.0 days in March of 2022, but unchanged from 7.0 days in April of 2021 in Orange County, California.For complete more detail... 05/29/2022

The summer issue of Inside Irvine is available online and arriving in Irvine residents' mailboxes soon! Pick up this issue to learn how you can safely explore the City on two wheels and read more about programs, services, and efforts made to strengthen the health and well-being of Irvine residents. Get the flip book at https://ir-vine.house/InsideIrvine In this issue you can see what exciting changes await you at Great Park.  And speaking of Great Park, you can see all available Great Park homes for sale on my Irvine real estate website.       05/13/2022

When you are moving, there are a few things that need to happen in order for you to smoothly get from one place to another. One of those things is having a plan for utilizing your storage PODS.What Are Storage Pods?Storage PODS are a great way to organize and store your belongings when planning a move. They come in different sizes and styles, so you can find the perfect one for your needs. Storage PODS are a great way to reduce moving expenses as they are more cost-effective than other moving or storage companies.Be sure to select the right storage POD for your needs. When you are choosing a storage pod, it is important to remember that there are a few things that will determine what size and style pod is best for you. First, think about how much space you have available. Second, decide... 05/12/2022

On April 19, 2022, California Association of Realtors (C.A.R) reported homes values gained 3.6% to an average price of $1,305,000 in March of 2022 from an average price of $1,260.000 in February of 2022, and rose 27.3% from $1,025,000 in March of 2021. While homes sales jumped 51.9% in March of 2022 from February of 2022, but decreased 19.4% from March of 2021 in Orange County, California.There were 1.6 months supplies of available inventory of homes in March of 2022, lower from 2.0 months in February of 2022, and decreased from 1.8 months in March of 2021. An average it took 6.0 days to sell a home in March 2022, down from 7.0 days in February of 2022, but unchanged from 6.0 days in March of 2021 in Orange County, California.For complete more detailed information about the California A... 04/25/2022

Orange County Real Estate is hot! Values are breaking records! If you are thinking of selling and would like a Free Value report.Click on Linkhttp://www.astonregroup.com/home-evaluationOR Call Ann @714-588-7676Ask about how you can list your home for as little as 1%List with a top OC Real Estate Broker with over 20 years experience.  04/01/2022

The 30-year fixed-rate mortgage increased an average of 1.2% since the beginning of the year, (from 3.22% to 4.42%), and just last week it leaped a quarter of a percent. Look at this chart to see how the movement of home-loan rates last year were not bad at all, compared to the rapid increase in rates this year:I've read that many mortgage experts expect rates to continue to increase throughout the rest of this year. Let me know if you’d like me to send you some reading material.What does this mean for you if you're looking to buy a home?Well, because both home values and rates due to increase for the rest of the year, if you’re able to buy, it would be better to do so sooner rather than later. That's because the longer you wait, the more it will cost you.But there is some good news if ... 03/31/2022

Orange County, California Homes Sales & Values Report February 2022On March 15, 2022, California Association of Realtors (C.A.R) reported the homes values gained 5.4% to the price of $1,260,000 in February of 2022 from price of $1,195,000 in January of 2022, and jumped 26.6% from price of $995,000 in February of 2021 in California; while homes sales declined 5.1% in February of 2022 from January of 2022, and fell 26.0% from in in February of 2021 in Orange County, California.There were 2.0 months supplies of available inventory of homes in February of 2022, higher from 1.6 months in January of 2022, but lower from 2.4 months in February of 2021. An average it took 7.0 days to sell a home in February 2022, down from 8.0 days in January of 2022, and decreased from 9.0 days in February of ... 03/25/2022

On February 16, 2022, California Association of Realtors (C.A.R) reported the homes values up 1.1% to the price of $1,195,000 in January of 2022 from price of $1,182,500 in December of 2021, and jumped 23.1% from price of $971,000 in January of 2021 in Orange, California. While, homes sales fell 30.0% in January of 2022 from December of 2021, and dropped 18.4% from in in January of 2021 in Orange County, California.There were 1.6 months supplies of available inventory of homes in January of 2022, gained from 1.0 months in December of 2021, but down from 2.3 months in January of 2021 in Orange County, California.An average it took 8.0 days to sell a home in January 2022, unchanged from 8.0 days in December of 2021, but lower from 10.0 days in January of 2021 in Orange County, California.... 02/27/2022

On January 18, 2022, California Association of Realtors (C.A.R) reported that homes values increased 2.8% to the price of $1,182,500 in December of 2021 from price of $1,150,000 in November of 2021, and jumped 24.5% from price of $950,000,000 in December of 2020 in California. While, homes sales declined 1.8% in December of 2021 from November of 2021, and fell 18.7% from in in December of 2010 in Orange County, California.There were 1.0 months supplies of available inventory of homes in December of 2021, lower from 1.3 months in November of 2021, and decreased from 1.5 months in December of 2020 in Orange County, California.An average it took 8.0 days to sell a home in December 2021, unchanged from 8.0 days in November of 2021, but down from 11.0 days in December of 2020 in Orange Count... 01/26/2022

IRS has a new $600 Form 1099 Reporting requirements for Third Party Network transactions ie Venmo, CashApp, zelle, apple pay, Paypal. This is for “sales of goods and services”, this is not for payments to reimburse friends and family. American Rescue Plan Act of 2021 No new tax law, this will just now make the IRS aware that you have this income, so if it does not end up on your return, the IRS will be asking for it. https://youtu.be/uYyUhvvL0ckhttps://eataxresolutions.com/   01/06/2022

This is an important one here, a lot of current and to be business owners need to hear. There is a big misconception about LLC and the way they "save" you on taxes. Be sure to check this one out. https://www.youtube.com/watch?v=8sipfVVF-EI   https://eataxresolutions.com/   #LLC #tax #taxes #businessowners 01/03/2022

On December 16, 2021, California Association of Realtors (C.A.R) reported homes values gained 2.7% to the price of $1,150,000 in November of 2021 from price of $1,120,000 in October of 2021, and jumped 23.7% from price of $630,000 in November of 2020 in California. While, homes sales decreased 7.7% in November of 2021 from October of 2021, and fell 12.7% from in November of 2020 in Orange County, California.There were 1.3 months supplies of available inventory of homes in November of 2021, lower from 1.5 months in October of 2021, and dropped from 2.0 months in November of 2020 in Orange County, California.An average it took 8.0 days to sell a home in November 2021, down from 9.0 days in October of 2021, and declined from 10.0 days in November of 2020 in Orange County, California.For co... 12/29/2021

Run through an example where the taxpayer forgot to include stocks on his return, and the IRS gave him a fun notice.  I go A-Z on how to respond to these things properly to pay the correct amount, in this case $15k less.  https://www.youtube.com/watch?v=1MXWOHExTT0   https://eataxresolutions.com/   #tax #IRS #CP2000 #turbotax 12/16/2021

IRS Proposed amounts are scary, but there are ways to reduce those and here are the issues that have that as a possibility.  Check it out!  https://youtu.be/vFHNGfVDvUI   #IRS #CP2000 #Notice 12/09/2021

On October 18, 2021, California Association of Realtors (C.A.R) reported homes values unchanged 0.0% to the price of $1,100,000 in September of 2021 from price of $1,100,000 in August of 2021, but jumped 20.2% from price of $915,000 in September of 2020 in Orange County, California. While, homes sales decreased 4.9% in September of 2021 from August of 2021, and lower 14.4% from in September of 2020 in Orange County, California.There were 1.5 months supplies of available inventory of homes in September of 2021, up from 1.6 months in August of 2021, but down from 2.2 months in September of 2020 in Orange County, California. An average it took 8.0 days to sell a home in September 2021, same as 8.0 days in August of 2021, but declined from 10.0 days in September of 2020 in Orange County, Ca... 10/25/2021

When buying a home, particularly if you're a first-time buyer, the home loan process can seem daunting. There are many things to consider, and if you haven't got previous experience, it could get confusing.We help you answer some of the most common mortgage questions.How Much Down Payment Will You Need?While it was traditionally a requirement to have a 20% down payment, that is no longer the case. In fact, if you qualify for the VA loans or USDA loans programs, you could buy a house with zero down. It is a good idea to save money for a downpayment regardless of how much you are putting down.FHA mortgage loans allow you to buy with only a 3.5% down payment, and even some conventional loans have a minimum of 3% down. However, there are some advantages to finding a larger down payment, lik... 10/07/2021

On September 16, 2021, California Association of Realtors (C.A.R) reported that homes values gained 0.9% to the price of $1,100,000 in August of 2021 from price of $1,090,000 in July of 2021, and rose 18.3% from price of $615,000 in August of 2020 in  County, California. While, homes sales declined 3.4% in August of 2021 from July of 2021, and down 5.6% from August of 2010 in  County, California.There were 1.6 months supplies of available inventory of homes in July of 2021, lower from 1.7 months in July of 2021, and decreased from 2.4 months in August of 2020 in  County, California.An average it took 8.0 days to sell a home in August 2021, up from 7.0 days in July of 2021, but dropped from 12.0 days in August of 2020 in  County, California.For complete more detailed information about th... 09/25/2021

If your employer offers the Dependent Care FSA and you are paying for daycare, take advantage! Check out this video to learn why, and how this works.  https://youtu.be/2PnvgRfQrks   Eataxresolutions.com   Anthony Fontana CPA 800-245-0596   #FSA #DependentCare #Tax 09/18/2021