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THE POWER OF REAL ESTATE: STABILITY AMIDST UNCERTAINTY ______________________
Security. Stability. Freedom. Just a few reasons why we love real estate! The data proves it: Housing sees less dramatic ups and downs than Wall Street. According to the OC Register, even California's most extreme home price fluctuations are 40% smoother than the S&P 500.
Why such relative stability? For starters, homes aren’t stocks—you can’t panic-sell a house with the click of a mouse. The process of buying and selling a home takes weeks, months, or longer...and for good reason. From inspections and financing to title, it’s no time to skip the finer details.
Whether you’re ready to start planning your next move or simply have questions about the market, I'm happy to help. Let's discuss the best approach to achieving your real estate goals.
DID YOU KNOW? Mortgage demand from homebuyers rose for the second straight week, suggesting that potential buyers are now more enticed by the increasing supply of houses for sale than they are dissuaded by recent economic uncertainty and concern over tariffs. Total mortgage application volume rose 1.1% last week compared with the previous week. (CNBC)
DID YOU KNOW? The new tax bill under consideration proposes a significant change to the State and Local Tax (SALT) deduction, particularly affecting high-income households. While the bill increases the SALT deduction cap from $10,000 to $30,000 for individuals earning up to $400,000, it introduces a phase-out mechanism that reduces the benefit for those with incomes above this threshold. The phase-out begins for couples earning over $400,000, gradually decreasing the SALT deduction cap as income rises..... meaning that higher-income households will receive a reduced benefit from the SALT deduction compared to those earning less. Households making $1 million or more annually would see their after-tax income rise by about 1.6%, or roughly $35,000, due to the SALT cap repeal.
DID YOU KNOW? The average tariff is now around 17%...Goldman Sachs raised their GDP growth estimate for 2025 to 1%. Most expect a single-year inflation bump between 1-1.5% this year. (CNBC)
DID YOU KNOW? Ticketmaster will now show how much you’ll pay for tickets — fees included — before checkout. Will this also apply to airline tickets that recently seem to charge extra for everything? (The Verge)
DID YOU KNOW? Exercise (such as 20 min of walking) has an acute beneficial impact on postprandial hyperglycemia when undertaken as soon as possible after a meal. Longer intervals between eating and exercising weaken the acute effect on glucose levels. Exercise prior to a meal does not blunt postprandial hyperglycemia. Post-meal exercise minimizes glycemic excursions and therefore might lower the risk for low-grade inflammation diseases and cardiovascular diseases. (Nat'l Institute of Health)
DID YOU KNOW? US income earned through pass-through entities will have a tax rate of about 28.5% compared with the top individual rate of 37%. Since a growing number of ultra-wealthy taxpayers now earn much of their income from pass-throughs, sole proprietorships, S-Corps, and other partnerships, the effective tax cut will be meaningful. (CNBC)

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What's More Volatile: Stocks or California Home Prices?Standard deviation math says California home-price twists are 40% smoother than stock market gyrations.
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CasaDami Looking for an intimate and refined cafe and wine bar atmosphere? CasaDami, a wonderful new cafe on the peninsula, is just the spot! Open daily, you can savor fresh, made-to-order dishes and experience the warmth of a European cafe culture. Indulge in an array of pastries to start your mornings...and savory tapas, cured meats and cheeses, and handpicked wines to end your nights. Details...
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Ikebana Flower ArrangingCreate your own Moribana Arrangement using seasonal spring flowers in this unique workshop! Learn and practice how to make an elegant, traditional ikebana inspired by the principles of lines, angles, volume, shape, and space. The instructor will provide an ikebana kit, vase, medium pin frog, and bowl to cut branches...just bring your own scissors, hand towel, and a bucket! Sherman Library & Gardens, May 21st, 10a - 12p.Details...
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Flooring Trends 2025Laying the groundwork...Because your floors aren’t just a background feature—they’re the base layer of every room’s story. When it comes to flooring, it's not about chasing the latest look—it's about making a decision that quite literally lays the groundwork in your home for years to come. Details...
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How's the Market?Altos Research analytics compares the rate of sales versus inventory per zip code. As of May 16th, the median list price for Newport Beach, CA 92663 is $5,992,500 with an increase in inventory of 66 units. The overall narrative? Sellers still maintain a slight advantage, yet the significant increase in inventory works in favor of the buyers, and prices continue to remain flat.
FOR LEASE

122 Via Ithaca, Lido Isle 3 Bed | 2 Bath | $13,500/month - Fully Furnished
LEASED OFF-MARKET

122 Via Palermo, Lido Isle 4 bed | 3 bath | $15,000/month - Fully Furnished
SOLD

113 Topaz Ave., Balboa Island 3 bed | 5 bath | $6,395,000 List
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