California has the highest population of seniors in the nation and the aging population is expected to grow faster than any other age segment in upcoming years. 11.7% of Californians (over 3 million people) are 65 or older currently.
Here are the numbers from a study released by the Milken Institute.
According to a recent report by Lending Tree, the average down payment on a home is 12.29%. However, buyers in some states are putting down even more money for their home purchases. In New Jersey, buyers made average down payments of 13.71%. Meanwhile, buyers in North Dakota put down an average 11.34%, the lowest in the country.
Here’s our team’s ad from the latest issue of the Ventana Monthly magazine ad!
Two IRS tax credits for home energy improvements:
The Non-business Energy Property Credit: Homeowners who improve the energy efficiency of their homes, including adding insulation, energy-efficient exterior windows and doors and certain roofs, can receive a tax credit of up to $500. The credit is based on 10% of the item’s cost. Quality improvements must have been made before January 1, 2012.