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  Homes in California is not being sold. They are being inherited.

  📍 Homes in California is not being sold. They are being inherited. That's 18% of the property transfers, which is by the way, double the national average. We are, uh, quickly becoming an inheritance base market in very expensive counties. Um, one in four, 25% are becoming an inheritance, uh, mark
We have created a generation of 'forever renters' in California

  📍 Policies in California are creating the forever renter. It feels like every headline is about how the American dream is dead. Uh, in 2025, the National Association of Realtors did a study. The average first time buyer is in their forties. The average buyer of their second home is in their early
California has the right idea when it comes to housing shortage but the wrong execution

 California is forces cities to build more housing or face legal action. California's giving cities 30 days to fix their housing plans or the state steps in, and honestly, they're right. We do need more housing, but here's a problem that a lot of people don't talk about. Every city is different. Her
California is not even close to the top 10 of most expensive property taxes

 Revealed top 10 US counties where home prices plummeted up to 525,001 year. Spoiler alert, this is a millionaire problem, not average. Joe and Schmo like you and I. The majority of these counties are in Colorado, and there's two counties in California, Napa Valley and Santa Barbara, and most of the
Fraud Alert: If you use Zillow to rent home please pay attention

  📍 Fraud alert, fraud alert. So I use Zillow as a property manager to just, uh, get, uh, credit reports and backgrounds on people that are applying for some of the units that I manage. I got this that says that, Hey, I owe this all this money and if I don't pay it, and again, it's a QRC code. Then
These metros are slashing home prices. Is Jurupa Valley, Corona, and Riverside of those metros?

  Seller slash prices in, in one to five or 20%. In these nine metros. Guess how many of these are California? If you guess none. You are absolutely right. This is mainly Texas, parts of Arizona and Florida. And what do they all have, um, in common Is that they all built the most homes since COVID.
If you own a condo/townhouse it is going to get easier to sell

  📍 When you, if you're looking for a house or um, townhouse or condo in Arpa Valley, Corona or Riverside, you'll notice that if it's under like $600,000, you'll get a bunch of units that have been on the market for a while. Well, it's not that people don't wanna buy them, it's that a lot of 'em ca
Is the mortgage that caused the last recession back?

  📍 So I saw this article and I thought it was interesting. The loan that burned millions is back the, uh, 80 20 loan, um, where you're getting two loans. Um, and, um, it's only fixed for two or three years, and after that it becomes variable. Well, in 2008, 2009, when the market crashed, this was
Iran war is driving rates up again

  This is something we have to keep an eye on right now. Uh, the average rate has gone up to 6.11, which is the difference about $200 from like two weeks ago, um, due to the Iran war. The longer the war goes or the more issues there is in oil and that kind of stuff, um, it'll keep driving potentiall
America is 4 million homes short and can take 10 years to catch up

 Well, this is just verifying what we've been talking about for the last few years. We are not building enough. We are over 4 million homes short in 2025, and about 2 million millennials and Gen Zers are unable to form their own household because it's too expensive and there's not enough supply. Hen
Why Riverside, Jurupa Valley, and Corona are the fastest growing region in California

Most people don't realize this, but arpa Valley, Riverside and Corona are part of one of the fastest growing regions in California and possibly the entire country. There's four main reasons why our area is exploding. One, people can't afford to live in LA and Orange County, so they gotta move East t
Francisco "Paco" Licea

Francisco "Paco" Licea

Phone:+1(951) 213-9131

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