Author Archives: kslaught

Kenny Slaught And California’s Real Estate Market

Some factors driving the current situation are particularly Californian in nature, traced back to a general lack of available land in desirable locations. The cost of undeveloped land is prohibitively high, particularly in the Los Angeles and San Francisco areas. Kenny Slaught points to regular stalling of new construction projects, which results in many owners opting to stay put and renovate. Proposition 13, the 1978 amendment to California’s constitution, has made relocating a daunting choice. The law states that future property tax hikes are capped at 2% based on 1975 assessments, but one exorbitant exception takes place when a sale is executed, and a property is reassessed based on its current sale value. Ultimately, yearly totals are determined by purchase figures that shift month to month, as demand in California fluctuates seasonally (most homes move in June with a small increase at year’s end). In addition, asking prices, interest rates, consumer confidence, negative equity status, quantity and quality of homebuyer jobs, disposable income, saving rates, and elements like major foreign investments.
 
Read more: https://finance.yahoo.com/news/kenny-slaught-historical-events-influenced-215900075.html

Kenny Slaught On Low Rates Inside California’s Hot Market

Because of a white-hot housing market, today’s West Coast buyers learn that they must pay excessively high prices for older, less luxurious homes. Kenny Slaught notes that home values have been steadily rising since 2008, and the Standard & Poor’s Case-Shiller home price index reveals that Los Angeles home prices reached their highest point during… Continue Reading

Kenny Slaught On The Philanthropy Of Santa Barbara

Kenny Slaught elaborates that Santa Barbara’s absolute community-centered approach is a result of the pledge to charity by the city’s civic bureaucrats, businesspersons and people. The city’s ongoing tradition of nonprofit activity and comprehensive giving is realized through many charities, volunteer groups and community undertakings, and goes back to the year 1928 with the commencement… Continue Reading

Kenny Slaught – Santa Barbara Is Conducive To The Growth Of Startups

Apart from being known as a famous tourist destination, Santa Barbara has now become a center for novel and developing businesses, said Kenny Slaught. Lots of encouraging, new companies have been formed in recent years, and many, counting AppScale, LastLine, TrackR, and Salty Girl Seafood, have come straight out of the University of California Santa… Continue Reading

Kenny Slaught Discusses Borrowing Opportunities In California

After just a few years in the market, crowdfunding boosted over 150 startups nationwide, largely specializing in real estate. Today, nearly 7% of the U.S population is an accredited investor, and in a dense setting like Southern California, this number is 20%. Software platforms, such as CrowdEngine, RealtyShares, CrowdForce, and more, make it possible to… Continue Reading

Kenny Slaught – JOBS Act Boosting State Economy

New intuitive software and mobile applications, highlights Kenny Slaught, give investors and builders a greater selection of lending and borrowing opportunities across a variety of real estate asset classes and geographies. California’s crowdfunding or peer-to-peer lending initiatives emerged after the adoption of the Jumpstart Our Business Startup (JOBS) Act of 2012, which significantly democratized the… Continue Reading

Kenny Slaught And Santa Barbara’s Historical Architecture

Kenny Slaught is aware that some of the most famous Santa Barbara architecture features include the centuries-old Hotel Virginia, El Pueblo Viejo district in revered downtown quarters along with the two pink towers of the Old Mission, hosting today retreats and festivals. The flashy tiles making up the County Courthouse are brilliant displays of murals… Continue Reading

Kenny Slaught Notes California’s Natural Charm

The city’s natural charm was intentional and back in 1925, city planners enacted development controls to prevent demotion of Spanish Colonial architecture. The region was the first in the nation to proactively think about the importance of historic structures. Controls came in to place and guidelines were designed to keep unique structures and parks. In… Continue Reading