Top 20 Metros for Rising Home Prices

By Inman News® Median single-family existing-home prices rose on a yearly basis in just over half of 146 markets tracked by the National Association of REALTORS® in the first quarter, indicating prices are stabilizing, the trade group said today.   Nationally, the U.S. median single-family existing-home price dipped 0.4 percent from a year ago in […]

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How Much of Your Income Goes to Housing?

  Information courtesy of the California Association of REALTORS (CAR) A new study by the Center for Housing Policy, entitled Housing Landscape 2012, found that the share of working households paying more than half their income for housing rose significantly between 2008 and 2010 for both renters and owners.  This annual report explored the latest Census […]

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Tax Breaks for Homeowners

It is never too early to start preparing for your taxes and here is a reminder of some of the rewards of homeownership! (NOTE: IRS Publication 530 offers a more nuanced view into Tax Information for Homeowners): 1. Mortgage interest deduction. Assuming this home is your personal residence, 100 percent of the mortgage interest you […]

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Is Now the Time to Refinance?

As rates go lower than a yogi doing the limbo many of my clients are asking me if it could be the perfect time for a refi.  Remember, a refi means you are buying the property all over again and there are rarely any “shortcuts”. Here are two important things to consider:     1) What do you […]

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