Tag Archive
MI Tax Deductibility Law Extended Through 2011
MI tax deductibility law extended through 2011! Borrower-paid MI premiums are tax-deductible through the year 2011. Below are answers to commonly asked questions regarding the law. Borrowers should consult their tax advisors regarding MI tax deductibility. See disclaimer note below. FAQs Does the bill apply to MGIC mortgage insurance? Yes, borrower-paid MI provided by MGIC [...]
Now is literally the best time in recorded history to buy a house in America…
Ran across this great article the explains why exactly NOW is literally the best time to buy in recorded history. Get in touch with me for questions about getting preapproved to buy your home. Excerpts from the article: By Dr. Steve Sjuggerud Wednesday, June 1, 2011 Now is literally the best time in recorded history [...]
Bloomberg/Businessweek Rate Portland, OR #1 For Long Term Real Estate Growth!
It’s not often we get to be in the spotlight from a national news source. However, he we are and it’s a good thing! A recent article in the Bloomberg/Businessweek highlighted Portland, OR with the largest real price gain in home values since 1990. Here are some quick excerpts from the article: The era of [...]
When Is The Best Time To Sell Your House?
Everything has a season (I love Summer!) – including selling your house. Listing at the right moment could mean more money in your pocket. Traditionally, spring is the hottest season for real estate. Sales peak in April and May and stay strong in June and July. It’s a good season for families to move, between school terms [...]
Common Pricing Blunders and How to Avoid Them
No one wants to undervalue their property, but overpricing a home can be equally self-defeating. As many FSBO (for sale by owner) sellers have discovered the hard way, working with an experienced real estate pro would have been the best way to avoid this predicament. Just be sure you don’t make these common pricing blunders [...]
Existing Home Sales Down in January but Higher than a Year Ago
Existing-home sales fell in January but are above year-ago levels, according to the National Association of Realtors® Existing-home sales – including single-family, townhomes, condominiums and co-ops – dropped 7.2 percent to a seasonally adjusted annual rate of 5.05 million units in January from a revised 5.44 million in December, but remain 11.5 percent above the 4.53 [...]
Home Sales Have Dropped 7.2% for January 2010
Home sales drop 7.2% According to the National Association of Realtors (NAR), existing-home sales fell in January but are above year-ago levels. Economists polled by Thomson Reuters had forecast that completed sales last month rose almost 1% to a seasonally adjusted annual rate of 5.5 million, up from 5.45 million in December. Existing-home sales – [...]
What’s Ahead for Mortgage Rates February, 22 2010
Note the Red columns for 2009. In December 2009, a record low 23 thousand new homes were sold (NSA); this ties the previous record low set in December 1966. Sales in December 2008 were at 26 thousand. Last Week; interest rates spiked on continued better economic data and an increase in the producer price index. [...]
Pending Home Sales Predicts A Stronger Spring Market
A Pending Home Sale is a home that is under contract to sell, but not yet sold. It’s a figure compiled by an industry group using sales data from over 100 regional listing services and more than 60 large brokerages around the country.
Existing Home Sales Plummet In December, But It Was Expected
Just one month after from blowing away Wall Street, December’s Existing Home Sales hit the skids, shedding nearly 17 percent and falling to a 4-month low. Don’t be alarmed, though. It was expected.
