Blog
Surviving Spouse Sale Period
Post Date: 08-31-2022
Married couples who own a home as joint tenants with rights of survivorship, the surviving spouse inherits the home, along with their basis, and it does not trigger a taxable event. Unfortunately, the capital gain exclusion is reduced to a single person's share unless the survivor disposes of the property in the granted time. ...CONTINUE READING
Are prices and rates going to continue to rise?
Post Date: 08-24-2022
One of the most talked about questions in the real estate market has to do with "Will prices continue to rise now that interest rates have increased dramatically this year?" ...CONTINUE READING
Indecision Can Be Expensive
Post Date: 08-17-2022
With all that is going on in the world, a global pandemic, supply chain issues, highest inflation in 40 years, the economic effects of a war in Ukraine, it can be overwhelming to think about when the right time is to buy a home. ...CONTINUE READING
Foreclosure filings are up 132% from a year prior. Here’s what that means for the housing market (and it’s not what you might think).
Post Date: 08-09-2022
When we were reading through real-estate data this month, three stats caught our eye. The first: that the number of active foreclosures (this is when the foreclosure process has begun on a seriously delinquent loan, but it has yet to be completed and liquidated) ...CONTINUE READING
The Fed wants to cool the U.S. housing market. Here's what that feels like
Post Date: 08-01-2022
(Reuters) - In mid-April, months into an increasingly frustrating house hunt, Harsh Grewal and his wife settled on a place in a San Francisco suburb and were prepping a bid, above the listed price so they'd have a chance of besting other offers in one of the nation's hottest housing markets.
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Why This Housing Market Is Not a Bubble Ready To Pop
Post Date: 07-26-2022
Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. ...CONTINUE READING
Demand for adjustable rate mortgages doubles
Post Date: 07-13-2022
Demand for adjustable-rate mortgages is soaring. The share of mortgage applications with ARMs more than doubled last week compared to three months ago, according to a report by the Mortgage Bankers Association.
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How will inflation affect the housing market in 2022? (Podcast)
Post Date: 07-05-2022
Inflation is at its highest point in 40 years and this has many consumers on edge — particularly those looking to buy a home. Will inflation cause the market to slow down? Will home prices drop? With there be another housing crash?
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Is It Covered? Named Storm
Post Date: 06-27-2022
If you have properties in coastal locations, it’s not always clear if you have coverage when a tropical storm or hurricane comes through. ...CONTINUE READING
The Perfect Tenant Check-out
Post Date: 06-21-2022
So your tenant needs to move. They have gotten a new job in a different city, are getting married and moving in with their spouse, ...CONTINUE READING