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Housing Market Savvy
Housing Market Savvy with Pat Kapowich: Real Data. Real Experience. Real Market Intelligence.
Navigate the Bay Area real estate market with veteran Realtor® Pat Kapowich, the "Market Wise" columnist for the Mercury News and Bay Area News Group. Since 1988, Pat has guided hundreds of clients through every type of market cycle across five counties in the San Francisco Bay Area—from the savings and loan crisis, the dot-com boom and bust, to the 2008 housing crash and the pandemic surge.
As a Certified Real Estate Brokerage Manager (CRB) and Certified Trust and Probate Specialist (CTPS), along with holding additional designations such as CRS, ABR, GRI, and SRES, Pat translates complex market trends into actionable insights for homebuyers, sellers, and property owners. Pat is your trusted source for housing intelligence, based in his hometown in the heart of Silicon Valley.
Pat Kapowich | Kapowich Real Estate Market Intelligence | SiliconValleyBroker.com | CalDRE Broker #00979413
Housing Market Savvy
Laws That Didn't Get Much Attention: The Home Flipper Disclosure Law (AB 968)
What happens when decades of real estate mastery meet a law most agents have never heard of? You get this episode.
Pat Kapowich has guided home buyers and home sellers through every imaginable market cycle—and delivered results that speak for themselves. His home seller clients achieve a median of just 9 days on market for single-family homes and 8 days for condo/townhome listings. That kind of performance doesn't happen by accident. It reflects a strategic, client-focused methodology built over a career.
Now, Pat is sharing the insights that set him apart.
- In the first episode of "Laws That Didn't Get Much Attention," Pat breaks down AB 968—the flipper disclosure law that went into effect July 1, 2024. If you're buying a recently renovated home, this law gives you rights to contractor information, permit documentation, and detailed work disclosures that could save you tens of thousands of dollars.
Pat also explains why the California Association of Realtors recommends applying this law to ALL 1-4 unit residential properties—not just single-family homes.
What you'll learn:
- The 3 disclosure requirements under AB 968
- The 18-month ownership trigger
- Why the $500 contractor threshold catches almost all renovation work
- 4 action steps for home buyers
- Advice for home sellers: when in doubt, disclose
DISCLAIMER: This podcast is for educational and informational purposes only and does not constitute legal, financial, or professional advice. Consult qualified professionals regarding your specific situation. Laws are subject to change.
REFERRAL DISCLOSURE: Need a Realtor outside my service area? I personally locate, vet, and interview agents before recommending them—so you get a credentialed professional, not a random name. Referral fees may apply and are paid by the receiving agent, not you.
Resources:
- AB 968 (full text): https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202320240AB968
- California Association of Realtors: car.org
- California Department of Real Estate: dre.ca.gov
- Pat Kapowich: https://www.siliconvalleybroker.com/
Host: Realtor® Pat Kapowich
Realtor Pat Kapowich isn't just any agent; he's a Certified Trust and Probate Specialist, a Certified Real Estate Brokerage Manager, and has been a staunch advocate for consumer protection throughout his career.
Rooted in the vibrant heart of Silicon Valley, Pat operates out of his hometown, Sunnyvale, California. Reach out to his office at 408-245-7700 or drop him an email at Pat@SiliconValleyBroker.com. License: Broker# 00979413.
For up-to-the-minute housing market data tailored to your locality, access Pat's website for complimentary, real-time pricing and trend insights: https://www.siliconvalleybroker.com/market