Category: Economy

National Economic Outlook (December 2012)

December 17th, 2012
It's becoming clear to me that what we've been thinking of as a stage in the recovery actually is the recovery. Job growth at a 1.5 percent annual rate is well below our hopes from previous cycles but its getting …Read more  »

Mortgage Interest Deduction on the Chopping Block?

December 11th, 2012
A tax break that has long been untouchable could soon be in for some serious scrutiny. Many home buyers deduct their mortgage interest when assessing their tax bill, a perk that has helped bolster the income of millions of families …Read more  »

5 Reasons Real Estate Prices Have Been Rising

December 3rd, 2012
Home prices rose by 0.1% in September from the prior month and by 3.6% from one year ago, the largest gain in six years, according to a report released Monday by Lender Processing Services. Compared with one year ago, prices …Read more  »

The Real Estate Indicator Screaming "Buy"

November 27th, 2012
I just locked down a 2.875% interest rate, fixed for the 15-year term of the mortgage. No points. With rates like these, I find myself rethinking the idea that I want to pay off my mortgage. I can do a …Read more  »

Top US Real Estate Markets for Foreign Buyers

November 19th, 2012
Wealthy foreigners from around the globe are taking advantage of America's housing bust to snap up U.S. properties at cut-rate prices -- helping local markets rebound in the process. "We've seen foreign investors buy $10 million to $20 million worth …Read more  »

Housing Under a Second Obama Administration

November 13th, 2012
A big part of my job is helping our clients project the most likely scenarios for the housing market.  Now that we know who will be President, my job just got easier because we have four years of experience with …Read more  »

A Crash Course on Rental Property Tax

October 27th, 2012
One way or another, Uncle Sam is going to get his cut. Count on it. And so will your state and local governments. That said, as you file taxes there are certain things you can do as a real estate …Read more  »

65% of Housing Markets Worse Than Four Years Ago

October 22nd, 2012
Sixty-five percent of U.S. housing markets are worse off today than they were four years ago according to the California-based real estate research firm RealtyTrac. The results of the survey arrive the same day as the final presidential debate and …Read more  »

A Stunning Map of How Foreclosures Ate America

October 15th, 2012
We've all heard that the housing bubble's pop led to thousands of foreclosures, but its interactive maps like this that really show how prevalent the problem was — and still is. Part of a project on 30 election issues, the …Read more  »
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