Blame Canada!

According to the numbers, foreign nationals account for more than 2% of home purchases in America each year. But did you know more than 50% of these “foreign” buyers are recent immigrants or non-immigrant visa holders who live right here in the U.S.? And did you know 10% of them are Canadians (third-highest of any nation)? Check the stats to learn more!

Want to SAVE on your student loans?

This week, the Education Department launched the beta website for SAVE, or Saving on a Valuable Education, a new student loan repayment program that could drop monthly payments for one million borrowers to as low as $0. Want to find out if you’re eligible? Use the website calculator today. And learn more from the Sacramento Bee.

Community Preparedness

There’s only so much you can do to protect your home from the impacts of climate change and natural disasters. If we’re not prepared as a community, we’re all vulnerable.

CHIC (Pearl)

Many of the changes we need to make are actually pretty simple. We just need to focus our efforts on things like replacing old water, sewer, and electrical infrastructure, expanding the ranks in our fire departments, and upgrading their firefighting technology. How can you make this happen? Start by talking to your local city councilperson or the appropriate public agency.

GEEK (Kevin)

Whenever government officials pass the buck on the climate crisis, their objection seems to come down to money. As in, they don’t have any. Well, here’s the thing: The upfront costs of adapting to a new climate reality are naturally high. But the long-term payoff on the investment would be huge, particularly for our children — and our grandchildren. I, for one, think it makes a lot of cents!

Uninsurable?

As building costs, fraud, and risk from wildfires and other climate disasters continue to rise, some insurance companies are backing away from issuing new homeowner policies in the Golden State. What does this mean for potential buyers and sellers?

CHIC (Pearl)

If you’re thinking of buying a home in California, you should get a head start on finding a home insurer who will give you a good policy at an affordable rate before making an offer. Understanding your annual expenses is a key factor in determining how high you’re willing to go.

GEEK (Kevin)

Insurance companies aren’t nonprofits, and they’re not stupid either. They already know the risks of insuring properties in earthquake country, and the recent trend of wildfires hasn’t made the equation any more favorable to them. In other words, don’t hate the player, Hate the game!