If a lender reduces a homeowner’s principal — via a short sale or write-down, for example — the homeowner would normally have to pay income tax on the amount. But Congress passed what’s called “mortgage cancellation tax … [Read more...]

For those of you with an interest in these things, the well-respected FiveThirtyEight blog had a piece on Virginia yesterday, and how we fit into presidential … [Read more...]

The Virginia Supreme Court ruled that a typical homeowner’s insurance policy doesn’t have to cover damage caused by Chinese drywall. Fumes from the defective drywall — which was installed in several hundred homes in Virginia in 2007 … [Read more...]

Check out a gadzillion pictures from the 2012 Real Show, now available for download or printing: VAR.smugmug.com/Events/2012RealShow.   The post Real Show photo gallery is up! appeared first on VARbuzz. … [Read more...]

Help the people hurt by Hurricane Sandy. The Realtors® Relief Foundation provides housing-related assistance to families in need, and you can bet that’s the case right now. Millions are without power or water, thousands have had to leave … [Read more...]

In case you weren’t aware, Election Day is coming up in less than a week. Besides the presidential contest, we’re choosing a U.S. senator, congressmen and -women, and a host of local officials. There are (or should be) lots of issues to … [Read more...]