Tax Changes Could Push House Prices Higher

Real Estate Market Trends / By

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 […]

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Warren Buffett Expands Real Estate Brokerage Investment

Real Estate Market Trends / By

Warren Buffett has been buying real-estate brokerages. He recently partnered with Brookfield Asset Management to more than double the size of his brokerage business. A new franchise brand, Berkshire Hathaway HomeServices has been created joining the existing brands and affiliate networks of Prudential Real Estate and Real Living Real Estate. HomeServices of America is “defined”

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Principal Reductions For Underwater Homeowners

Mortgage - Loans / By

The Federal Housing Finance Agency told loan servicers they could begin accepting money for principal reductions from programs financed by the U.S. Treasury’s Hardest Hit Fund, which includes Keep Your Home California. – $772 million is allocated to principal reduction, enough for about 9,000 CA borrowers. – Qualify: live in home, underwater, low-to-moderate income, &

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