Category Archives: Uncategorized

Thinking of Getting a Heat Pump? There are Rebates and it Helps the Climate Too.

The nation’s electric utilities have voiced overwhelming support for reducing carbon emissions. Eighty percent of U.S. electricity customers are served by a utility with a 100% carbon-reduction target, according to the Smart Electric Power Alliance, and utility executives have touted their sustainability plans at the U.N. Climate Conference, Davos and beyond.

So why is it so hard to get help switching to a climate-friendly heat pump?

Marvels of modern engineering, heat pumps provide heating and cooling by transferring warm or cold air into or out of a home, eliminating the need to generate heat. They have been shown to substantially slash consumer heating costs and cut greenhouse gas emissions up to 50%.

At the federal level, consumers are eligible for a tax credit that covers 30% of the cost of buying and installing a heat pump, up to a maximum of $2,000 per year. The TECH Clean California program offers incentives to contractors to install heat pumps, and the Los Angeles Department of Water & Power and other utilities offer rebates and other benefits. In Marin County, where I live, state, county and local incentives promised to bring the total rebate on my project to almost $5,000.

read more at: https://www.pressreader.com/usa/los-angeles-times/20240402/281689734826401

San Diego County Home Sales Sink, Median Drops as Inventory Shrinks

San Diego home sales in September hit one of the lowest levels ever as mortgage rates continue to affect buyers.

Tight inventory had pushed up the median home price for months, despite rising mortgage rates, but prices dropped 1.2% monthly to $830,000 in September. The median which combines resale and newly built SFR, condo and townhouses is still up 5.1% annually.

Read more at: https://www.pressreader.com/usa/san-diego-union-tribune/20231031/281509345882846

Website that let you check impact of climate change on a property

National Association of Realtors®

“Flood Factor® enables our members to become the source of the resource. It increases transparency. It’s really about giving them accurate information so they can make a great decision. It builds trust and confidence with clients. It’s a valuable tool to access information.”

website: https://riskfactor.com/