Vanguard discussed the possibility that Moody’s Investors Service may be the second major credit agency to downgrade U.S. government debt. If lawmakers are thought to be unable/unwilling to control government debt, Moody’s may remove the federal government from the top of its credit scale. In August 2011, Congressional wrangling on federal borrowing limits helped prompt Standard & […]
Federal Debt – a spreading fire? Read More »
The S&P Case-Shiller housing index shows nationwide home prices have climbed 3.6% year over year. In the third quarter the index climbed 2.2% over the second quarter of 2012. The increased real estate prices we’ve seen locally are much stronger than the nationwide index but housing prices are climbing nationwide. “Home prices rose in the
Case-Shiller Index – Prices Up 3.6% year over year Read More »
Main stream financial news is reporting large numbers of investors taking income gains this year to avoid the likely higher taxes next year. Stocks with high dividends are less popular because of the higher taxes dividends will be subject to. http://finance.yahoo.com/news/investors-rush-beat-threat-higher-015536775.html Appreciation on real estate is not taxed until it is sold. Generally there are
Tax Changes Could Push House Prices Higher Read More »
People make communities great. Schools, job opportunities, cost of living, taxes and weather are all brought up when looking at a community but people are what make the community great. I talked to Dr. Kevin Skelly, the superintendent of the Palo Alto Unified School District, and Kathy Schroeder, the executive director of Palo Alto Partners
Palo Alto – A Great Community Read More »
Have you tried to decide between buying a new house or having one built? If you invest the time and money in building a new house you will want to have some confidence that spending the money to build it will create value which can be sold. I’ve looked at homes which sold with a listed age
Buy or Build a New House? Read More »
