Various tax regulations on real estate are both loved and hated by various people. Proposition 13 in California is blamed by prospective home buyers as being one of the reasons buying a house is so expensive. “Long-time homeowners aren’t paying their fair share.” What we rarely see is that income tax deductions for mortgage interest […]
Mortgage Deductions For New Home Buyers vs Prop 13 For Old Buyers Read More »
Although the price is attention grabbing, there was a more interesting statement made by Erin McParland of Habitat for Humanity: “The average income of Toledo residents is about $85,000. The average sale price of a Toledo home is $200,000. Taking into account all other basic living expenses, it takes an income over $100,000 to comfortably
Toledo Ohio – $200,000 Average Home Price Read More »
A large brokerage recently began encouraging its agents to withhold homes for sale from the MLS until its agents had already tried to sell the home. Zillow has begun fighting back against these brokerages. Real Estate News reported:“Samuelson confirmed … that could keep a listing off Zillow forever if that listing is not submitted to
Could Keep A Listing Off Zillow Forever Read More »
We often hear people and other real estate agents claim that houses in more expensive areas appreciate faster. However if you compare areas with significantly different prices, most often the appreciation rates track each other. Sample Silicon Valley House Prices The graph of Los Altos house prices and Milpitas house prices, shows two quite similar
Why Do Most People Think A House In A More Expensive Neighborhood Appreciates Faster? Read More »
When deciding whether to buy real estate or not, potential buyers frequently consider the stock market as an alternative. There are few comparisons in part because the decision involves many factors other than simple appreciation. A significant difference between the two as investments is that you continually receive value from real estate as rental income
Silicon Valley Real Estate vs. NASDAQ Read More »
