Barbara Corcoran on the TV Show Fast Money: “Right now, if you are upgrading to a bigger house, even if you’re selling at 10% off, you buy your new house at 10% off. Price appreciation is going to go much higher than people … [Read more...]
Will the Mortgage Forgiveness Act Be Extended?
The Mortgage Forgiveness Debt Relief Act of 2007 is set to expire at the end of the year. The act allows taxpayers to be excluded from paying taxes on forgiven debt in certain situations. As their website explains: “The Mortgage Debt Relief Act of … [Read more...]
Harmful Effects from Changing the Listing Price?
With the housing market showing signs of a recovery, sellers may think they can list their homes at a higher price and adjust if necessary. That may not be a good strategy. This is a post we ran last year by Ken H. Johnson, Ph.D. — Florida … [Read more...]
House and Condo Sales by Region [INFOGRAPHIC]
Luxury Housing Market Beginning to Surge
The National Association of Realtors (NAR) in their last Existing Home Sales Report revealed that sales of homes over $1 million dollars in the country increased 44.1% over the same period last year. One of the reasons for this increase is that … [Read more...]
NAR’s InfoGraphic on Home Buyers and Sellers 2012
Originally published by the National Association of Realtors (NAR). Click on the InfoGraphic to get original. FROM NAR: More than they have in the past decade, two-income married couples are fueling today’s home buying and selling market, and … [Read more...]
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