“Joe Biden on Tuesday unveiled a $775 billion plan to bolster child care and care for the elderly that would be financed by taxes on real-estate investors with incomes of more than $400,000 as well as increased tax compliance by high-income earners.” Bloomberg reported the “Biden administration would take aim at so-called like-kind exchanges, which […]
Real Estate Blog
Embrace The Webcam
“It’s three months into a huge, unplanned social experiment that suddenly transported the white-collar workplace from cubicles and offices to kitchens and spare bedrooms. And many employers now say the benefits of remote work outweigh the drawbacks.” Like it or not, this will inevitably change how and where people choose to live. Are you embracing […]
There’s No Slam Dunk in Real Estate
This pandemic has allowed me more time to play basketball with the kids, so it’s no surprise I attracted this Business Insider article. NBA legend Michael Jordan owns several multimillion-dollar homes across the US. Take a look inside his impressive real estate portfolio and see which ones are for sale. “Jordan owns two homes in […]
What Will Happen When The Dust Settles?
From Forbes this week: What Will America’s Housing Market Look Like After The Coronavirus Pandemic Ends? Here’s What 5 Top Producing Real Estate Agents Had To Say. Peter Lane Taylor writes, “While the broad consensus was that the residential housing market will quickly re-set, every agent I spoke with agreed that real estate fundamentally will […]
Coronavirus Forbearance Appears to Be Here
A week ago Housingwire reported, “Homeowners in Italy are seeing many of their bills suspended – including mortgages – as the country deals with the coronavirus pandemic, and now other European nations are considering similar moves.” You can read the article here: Italy is canceling mortgage bills – can the U.S. do that? Sure enough, […]
Coronavirus Impact on Real Estate
Seattle-Based Brokerage Redfin Starts To See Coronavirus Impact On Housing Market. “It will be another couple of weeks until the National Association of Realtors releases data on February’s pending and existing-home sales, statistics that could cue to the potential impact of the coronavirus on real estate selling and purchasing. Yet, tech-powered real estate brokerage Redfin […]
Free Ride
Eyewitness News 7 (ABC) reported yesterday; USC offers free tuition to students from families making under $80,000; home ownership will not factor in need. According to USC President Carol L. Folt, “USC will increase undergraduate aid by more than $30 million annually. When fully implemented, the expansion will allow the university to provide stronger financial […]
Moody About The Economy?
CNBC reports 9 million homeowners could save big time on a mortgage refinance as rates hit 3-year low. “About 9.4 million borrowers could save an average $272 per month if they were to refinance to a lower rate, according to calculations by Black Knight. The analytics company defines refinance candidates as 30-year mortgage holders with […]
