The document provides a weekly real estate bulletin including mortgage rates, new FHA requirements, a landscaping tip, tax tips for homeowners, and local real estate market trends from the 4th quarter of 2009. It also includes recipes, jokes, and notices about upcoming contests and events. The bulletin serves as a one-stop-shop for local real estate news, tips, and community information.
- New home sales in November rebounded significantly from the previous month, with an annualized rate of 657,000 units sold, the best reading since March 2018. However, this spike in sales was likely due to homebuilders cutting prices to reduce inventory levels.
- At its January meeting, the Federal Reserve signaled that it plans to be patient with further interest rate hikes in light of muted inflation and concerns about the global economy. The Fed also removed forward guidance about gradual rate hikes, saying future adjustments will be based on supporting maximum employment and stable prices.
- Markets responded positively to the Fed's dovish signals, with stocks rallying and bond yields falling after the January meeting. However, home
Misconceptions About the Lancaster County Real Estate MarketTom Blefko
This document summarizes common misconceptions about the Lancaster County residential real estate market. It addresses misconceptions that homes are unaffordable, prices have skyrocketed, and another housing bubble is coming. It presents data showing the median household income can support the median home price, prices remain below national averages, and lending standards have tightened since 2008. While some concerns remain, forecasts predict a healthy 2022 housing market in Lancaster County.
The document discusses the causes of the housing market downturn in Chicago and nationally. It argues that the primary cause was a lack of housing affordability as home prices grew much faster than incomes from 2004-2007. Creative financing using subprime mortgages allowed home prices to surge far beyond affordable levels for median income earners. Now that subprime lending has collapsed, home prices remain too high and sales have dropped dramatically as traditional lending standards have returned. The recovery will require a shift to more affordable home prices aligned with median incomes.
Annie Williams Real Estate Report - June 2020Jon Weaver
Sales of single-family, re-sale homes tanked, again, in May compared to last year. Home sales were down 56.5%. There were 104 homes sold in San Francisco last month. The average since 2000 is 214. We expect home sales to continue dropping for the next two months.
HTW June report with Federal elections, finance challenges, infrastructure, industry and employment – all playing their part in this month’s submissions.
Senior Fed officials meet next week amid what is widely seen as a slow patch in economic growth. A key question for investors, as well as for monetary policymakers, is whether this slowing will be temporary. Most likely, growth should pick up in the second half of the year. However, there are downside risks in the near term. Moreover, monetary policy appears to be handcuffed and fiscal policy is set to go in the wrong direction.
The document discusses the housing market recovery and policy issues affecting homeowners. It summarizes comments from an economist predicting a multi-year housing recovery driven by job growth and pent-up demand. It also discusses a proposed bill (SB 30) that would provide tax relief for homeowners undergoing short sales, but notes the bill is linked to another potentially increasing taxes. The document advocates for the two bills to receive separate votes based on their individual merits.
- New home sales in November rebounded significantly from the previous month, with an annualized rate of 657,000 units sold, the best reading since March 2018. However, this spike in sales was likely due to homebuilders cutting prices to reduce inventory levels.
- At its January meeting, the Federal Reserve signaled that it plans to be patient with further interest rate hikes in light of muted inflation and concerns about the global economy. The Fed also removed forward guidance about gradual rate hikes, saying future adjustments will be based on supporting maximum employment and stable prices.
- Markets responded positively to the Fed's dovish signals, with stocks rallying and bond yields falling after the January meeting. However, home
Misconceptions About the Lancaster County Real Estate MarketTom Blefko
This document summarizes common misconceptions about the Lancaster County residential real estate market. It addresses misconceptions that homes are unaffordable, prices have skyrocketed, and another housing bubble is coming. It presents data showing the median household income can support the median home price, prices remain below national averages, and lending standards have tightened since 2008. While some concerns remain, forecasts predict a healthy 2022 housing market in Lancaster County.
The document discusses the causes of the housing market downturn in Chicago and nationally. It argues that the primary cause was a lack of housing affordability as home prices grew much faster than incomes from 2004-2007. Creative financing using subprime mortgages allowed home prices to surge far beyond affordable levels for median income earners. Now that subprime lending has collapsed, home prices remain too high and sales have dropped dramatically as traditional lending standards have returned. The recovery will require a shift to more affordable home prices aligned with median incomes.
Annie Williams Real Estate Report - June 2020Jon Weaver
Sales of single-family, re-sale homes tanked, again, in May compared to last year. Home sales were down 56.5%. There were 104 homes sold in San Francisco last month. The average since 2000 is 214. We expect home sales to continue dropping for the next two months.
HTW June report with Federal elections, finance challenges, infrastructure, industry and employment – all playing their part in this month’s submissions.
Senior Fed officials meet next week amid what is widely seen as a slow patch in economic growth. A key question for investors, as well as for monetary policymakers, is whether this slowing will be temporary. Most likely, growth should pick up in the second half of the year. However, there are downside risks in the near term. Moreover, monetary policy appears to be handcuffed and fiscal policy is set to go in the wrong direction.
The document discusses the housing market recovery and policy issues affecting homeowners. It summarizes comments from an economist predicting a multi-year housing recovery driven by job growth and pent-up demand. It also discusses a proposed bill (SB 30) that would provide tax relief for homeowners undergoing short sales, but notes the bill is linked to another potentially increasing taxes. The document advocates for the two bills to receive separate votes based on their individual merits.
Congratulations, You Signed Your Estate Plan! Now What?FBass
After signing estate planning documents like wills and trusts, there are several practical steps that should be taken. Original documents should be stored safely, and copies may be given to family. Assets like financial accounts may need to be re-titled to match the estate plan. Beneficiary designations and jointly owned assets also need to be reviewed to ensure they align with the documents. Estate plans should be reviewed every few years and updated for any major life changes. Taking these additional steps provides peace of mind that the estate plan will be properly implemented.
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Annie Williams - Real Estate Market Trends - Oct/Nov 2013Jon Weaver
The real estate market in San Francisco remains very challenging for buyers, with the median home price rising 29.4% year-over-year in September. Mortgage rates have fallen to low levels but government shutdown is causing processing delays. Condo prices rose 7.1% year-over-year in September while sales were down slightly. Foreclosures decreased from a year ago with fewer properties owned by banks.
The document summarizes recent events in the Canadian real estate market. It discusses how home sales and prices increased over the last year due to low interest rates and an improving economy. It also mentions that a legal challenge was filed against the Canadian Real Estate Association regarding access to the MLS system. The document provides cleaning tips for going green and maintaining a clean home.
Zillow Sued Over Zestimates - June/July Real Estate ReportAMSI, San Francisco
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Session 8 community assessment final versionShannon Hart
This document provides demographic and economic data about the communities of Glenwood Springs and West Glenwood Springs in Colorado. It analyzes data from the US Census Bureau and surveys of local residents. Some key findings include:
- The population is primarily white and Hispanic, with tourism and construction being major industries.
- Housing costs as a percentage of income are similar to state levels but local residents report feeling housing is unaffordable and leaves no disposable income.
- Educational attainment of those aged 25+ is on par with state levels but West Glenwood residents aged 18-24 are less likely to have education beyond high school.
Maker Capital Tax Benefits Of Ownership EflyerKristee Leonard
The document discusses the tax benefits of homeownership. It outlines several tax deductions homeowners can claim, including mortgage interest deduction, property tax deduction, and exemption of capital gains from profits of selling a primary residence of up to $250,000 for individuals or $500,000 for married couples. However, some expenses like home insurance, HOA fees, and additional principal payments are not tax deductible. The document provides information on these deductions and non-deductions to help homeowners understand how to maximize tax savings.
Home Prices Resume Upward Trend - May/June Real Estate ReportAMSI, San Francisco
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
This listing is for a 4 bedroom, 2 bathroom home located at 111 Spruce Avenue in Kansas City, Missouri. Some key details include that it has a fireplace, is constructed of stone and frame, sits on a city lot, and has a full basement. The home was originally listed for $90,000 but eventually sold for $103,000.
The meeting agenda summarizes an upcoming Southwest California Legislative Council meeting to be held on October 16, 2017 at the Realtor House in Murrieta. The agenda includes items like a chair report, approval of previous meeting minutes, a legislative report update, a guest speaker, and announcements. It also lists the meeting's strategic initiatives and thanks partner organizations.
This document provides information about buying a home on the San Francisco Peninsula, including details about financing options, home buying tax benefits, and the current real estate market. It discusses:
- Federal stimulus programs that provide tax credits for first-time homebuyers and current homeowners making purchases through 2010.
- Historically low mortgage rates and the benefits of owning versus renting, such as building equity over time.
- An overview of the process for purchasing a home, from getting pre-approved to closing.
- Factors that make the San Francisco Peninsula housing market desirable such as location, schools, and weather.
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
The document contains several local news articles from the Sierra County Sentinel newspaper including:
1) Sierra Vista Hospital is facing financial losses of $2.46 million over the first six months of the fiscal year due to a reduction in patient volume. Hospital authorities are implementing cost-cutting measures and service revisions to improve income.
2) Local governments are hoping to receive capital outlay funding from the New Mexico state legislature for infrastructure projects such as streets, water systems, facilities improvements, and a regional animal shelter.
3) A Super Bowl food and funds drive will be held at Walmart to benefit the Matthew 25 Food Pantry, which assists food-insecure individuals in Sierra County. National Honor Society students are
The document summarizes real estate and mortgage market trends for 2012 according to a report from TransUnion. Specifically, it predicts that:
1) Mortgage delinquency rates will drop to 6% in the first quarter of 2012 and 5% for the full year.
2) Credit card delinquencies reached a 17-year low in the spring but increased slightly in the third quarter.
3) Pending home sales soared 10.4% in October 2011 compared to September 2011.
Pennsylvania Bar Association's Real Property, Probate & Trust Law Section New...CohenGrigsby
This document provides a summary of Florida homestead laws for Pennsylvania lawyers with clients in Florida. It discusses how homestead applies in the contexts of taxation, asset protection from creditors, and limitations on inter vivos alienation and testamentary disposition. Key points include exemptions from property taxes and limitations on annual assessment increases for homestead property. Homestead property is also exempt from forced sale by creditors. There are restrictions on conveying or devising homestead property that require spousal consent or give certain heirs life estates. The protections provided by homestead status may pass to a surviving spouse or heirs upon the owner's death.
Annie Williams Market Trends April-May 2015Jon Weaver
- Home sales in San Francisco jumped 6.5% in March compared to the previous year, while condo sales were down slightly by 1.6%.
- Median home prices rose 25% and average prices increased 22.5% in March compared to the previous year, setting new all-time highs. Condo median prices rose 13.9% year-over-year.
- Mortgage rates are expected to remain low in the coming weeks as recent economic data has been mixed, though rates will likely begin rising later in the year as signaled by the Federal Reserve.
Coordinating Real Estate With Your Estate PlanDorothyKorszen
This newsletter discusses coordinating real estate with estate planning. For homestead property, spouses typically hold title as an estate by the entireties so the surviving spouse owns the property. Married couples can transfer homestead property to a joint trust providing the surviving spouse control after the first death. Investment property can be held in a business entity like an LLC and ownership interests transferred to a trust for asset protection and estate planning coordination. Vacation properties often create complications in large families and may be best held in a trust or LLC to fund maintenance and ensure family access. Periodic review of estate plans is important as real estate values fluctuate.
Annie Williams Real Estate Report - Jan 2016Jon Weaver
Jonathan Smoke, chief economist of realtor.com, and his team carried out the data analysis and identified the top 20 medium-to-large markets where homes are moving fastest and interest
(based on listing views on realtor.com) is highest. At the top of the list, for the second month in a row, is San Francisco, followed by its sister Bay Area city San Jose.
TeamMastermind Northern Arizona University Research ResultsTeamMastermind
After many years of positive anecdotal evidence of the success of the TeamMastermind Curriculum, we implemented a program evaluation during the 2007-2008 academic year. This first evaluation revealed significant improvements in critical thinking & teamwork skills. Results from 2007-2008 evaluation used to strengthen the curriculum and another evaluation was performed in 2008-2009 to determine whether the educational goals of TeamMastermind® were met. The goals included increasing student skills in cognitive challenge, collaborative learning, and metacognitive awareness. A sample of 150 4th grade students who completed TeamMastermind® curriculum once a week during the 2008-2009 academic year displayed significant increases in student cognitive challenge skills (e.g., critical thinking, problem-solving collaborative learning, and meta cognition).
El documento presenta la historia del Principito, un niño que vive en un pequeño planeta. Visita varios asteroides habitados por diferentes personajes, incluyendo un rey, un vanidoso y un hombre de negocios. Conoce a un zorro con el que entabla una amistad. Finalmente llega a la Tierra donde conoce a un aviador estrellado en el desierto, a quien le cuenta su historia. Antes de partir, el Principito muere luego de ser mordido por una serpiente.
Congratulations, You Signed Your Estate Plan! Now What?FBass
After signing estate planning documents like wills and trusts, there are several practical steps that should be taken. Original documents should be stored safely, and copies may be given to family. Assets like financial accounts may need to be re-titled to match the estate plan. Beneficiary designations and jointly owned assets also need to be reviewed to ensure they align with the documents. Estate plans should be reviewed every few years and updated for any major life changes. Taking these additional steps provides peace of mind that the estate plan will be properly implemented.
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Annie Williams - Real Estate Market Trends - Oct/Nov 2013Jon Weaver
The real estate market in San Francisco remains very challenging for buyers, with the median home price rising 29.4% year-over-year in September. Mortgage rates have fallen to low levels but government shutdown is causing processing delays. Condo prices rose 7.1% year-over-year in September while sales were down slightly. Foreclosures decreased from a year ago with fewer properties owned by banks.
The document summarizes recent events in the Canadian real estate market. It discusses how home sales and prices increased over the last year due to low interest rates and an improving economy. It also mentions that a legal challenge was filed against the Canadian Real Estate Association regarding access to the MLS system. The document provides cleaning tips for going green and maintaining a clean home.
Zillow Sued Over Zestimates - June/July Real Estate ReportAMSI, San Francisco
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Session 8 community assessment final versionShannon Hart
This document provides demographic and economic data about the communities of Glenwood Springs and West Glenwood Springs in Colorado. It analyzes data from the US Census Bureau and surveys of local residents. Some key findings include:
- The population is primarily white and Hispanic, with tourism and construction being major industries.
- Housing costs as a percentage of income are similar to state levels but local residents report feeling housing is unaffordable and leaves no disposable income.
- Educational attainment of those aged 25+ is on par with state levels but West Glenwood residents aged 18-24 are less likely to have education beyond high school.
Maker Capital Tax Benefits Of Ownership EflyerKristee Leonard
The document discusses the tax benefits of homeownership. It outlines several tax deductions homeowners can claim, including mortgage interest deduction, property tax deduction, and exemption of capital gains from profits of selling a primary residence of up to $250,000 for individuals or $500,000 for married couples. However, some expenses like home insurance, HOA fees, and additional principal payments are not tax deductible. The document provides information on these deductions and non-deductions to help homeowners understand how to maximize tax savings.
Home Prices Resume Upward Trend - May/June Real Estate ReportAMSI, San Francisco
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
This listing is for a 4 bedroom, 2 bathroom home located at 111 Spruce Avenue in Kansas City, Missouri. Some key details include that it has a fireplace, is constructed of stone and frame, sits on a city lot, and has a full basement. The home was originally listed for $90,000 but eventually sold for $103,000.
The meeting agenda summarizes an upcoming Southwest California Legislative Council meeting to be held on October 16, 2017 at the Realtor House in Murrieta. The agenda includes items like a chair report, approval of previous meeting minutes, a legislative report update, a guest speaker, and announcements. It also lists the meeting's strategic initiatives and thanks partner organizations.
This document provides information about buying a home on the San Francisco Peninsula, including details about financing options, home buying tax benefits, and the current real estate market. It discusses:
- Federal stimulus programs that provide tax credits for first-time homebuyers and current homeowners making purchases through 2010.
- Historically low mortgage rates and the benefits of owning versus renting, such as building equity over time.
- An overview of the process for purchasing a home, from getting pre-approved to closing.
- Factors that make the San Francisco Peninsula housing market desirable such as location, schools, and weather.
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
The document contains several local news articles from the Sierra County Sentinel newspaper including:
1) Sierra Vista Hospital is facing financial losses of $2.46 million over the first six months of the fiscal year due to a reduction in patient volume. Hospital authorities are implementing cost-cutting measures and service revisions to improve income.
2) Local governments are hoping to receive capital outlay funding from the New Mexico state legislature for infrastructure projects such as streets, water systems, facilities improvements, and a regional animal shelter.
3) A Super Bowl food and funds drive will be held at Walmart to benefit the Matthew 25 Food Pantry, which assists food-insecure individuals in Sierra County. National Honor Society students are
The document summarizes real estate and mortgage market trends for 2012 according to a report from TransUnion. Specifically, it predicts that:
1) Mortgage delinquency rates will drop to 6% in the first quarter of 2012 and 5% for the full year.
2) Credit card delinquencies reached a 17-year low in the spring but increased slightly in the third quarter.
3) Pending home sales soared 10.4% in October 2011 compared to September 2011.
Pennsylvania Bar Association's Real Property, Probate & Trust Law Section New...CohenGrigsby
This document provides a summary of Florida homestead laws for Pennsylvania lawyers with clients in Florida. It discusses how homestead applies in the contexts of taxation, asset protection from creditors, and limitations on inter vivos alienation and testamentary disposition. Key points include exemptions from property taxes and limitations on annual assessment increases for homestead property. Homestead property is also exempt from forced sale by creditors. There are restrictions on conveying or devising homestead property that require spousal consent or give certain heirs life estates. The protections provided by homestead status may pass to a surviving spouse or heirs upon the owner's death.
Annie Williams Market Trends April-May 2015Jon Weaver
- Home sales in San Francisco jumped 6.5% in March compared to the previous year, while condo sales were down slightly by 1.6%.
- Median home prices rose 25% and average prices increased 22.5% in March compared to the previous year, setting new all-time highs. Condo median prices rose 13.9% year-over-year.
- Mortgage rates are expected to remain low in the coming weeks as recent economic data has been mixed, though rates will likely begin rising later in the year as signaled by the Federal Reserve.
Coordinating Real Estate With Your Estate PlanDorothyKorszen
This newsletter discusses coordinating real estate with estate planning. For homestead property, spouses typically hold title as an estate by the entireties so the surviving spouse owns the property. Married couples can transfer homestead property to a joint trust providing the surviving spouse control after the first death. Investment property can be held in a business entity like an LLC and ownership interests transferred to a trust for asset protection and estate planning coordination. Vacation properties often create complications in large families and may be best held in a trust or LLC to fund maintenance and ensure family access. Periodic review of estate plans is important as real estate values fluctuate.
Annie Williams Real Estate Report - Jan 2016Jon Weaver
Jonathan Smoke, chief economist of realtor.com, and his team carried out the data analysis and identified the top 20 medium-to-large markets where homes are moving fastest and interest
(based on listing views on realtor.com) is highest. At the top of the list, for the second month in a row, is San Francisco, followed by its sister Bay Area city San Jose.
TeamMastermind Northern Arizona University Research ResultsTeamMastermind
After many years of positive anecdotal evidence of the success of the TeamMastermind Curriculum, we implemented a program evaluation during the 2007-2008 academic year. This first evaluation revealed significant improvements in critical thinking & teamwork skills. Results from 2007-2008 evaluation used to strengthen the curriculum and another evaluation was performed in 2008-2009 to determine whether the educational goals of TeamMastermind® were met. The goals included increasing student skills in cognitive challenge, collaborative learning, and metacognitive awareness. A sample of 150 4th grade students who completed TeamMastermind® curriculum once a week during the 2008-2009 academic year displayed significant increases in student cognitive challenge skills (e.g., critical thinking, problem-solving collaborative learning, and meta cognition).
El documento presenta la historia del Principito, un niño que vive en un pequeño planeta. Visita varios asteroides habitados por diferentes personajes, incluyendo un rey, un vanidoso y un hombre de negocios. Conoce a un zorro con el que entabla una amistad. Finalmente llega a la Tierra donde conoce a un aviador estrellado en el desierto, a quien le cuenta su historia. Antes de partir, el Principito muere luego de ser mordido por una serpiente.
Este documento presenta una evaluación diagnóstica de ciencias naturales sobre el Sistema Solar y las propiedades del sonido para estudiantes de 4to año básico. La evaluación contiene 15 preguntas de selección múltiple sobre los componentes del Sistema Solar como planetas, estrellas y galaxias, así como sobre las propiedades de la luz y el sonido como la intensidad y el tono. El objetivo es que los estudiantes identifiquen los elementos del Sistema Solar y reconozcan características básicas de la luz
Ventajas y desventajas de power point y prezi camilaFer DPTO
El documento compara las ventajas y desventajas de Power Point y Prezi como herramientas para realizar presentaciones. Power Point permite crear presentaciones profesionales con texto, imágenes y videos de forma coordinada, pero puede presentar la información de manera demasiado simplificada y rígida. Prezi ofrece mejores definiciones, música de fondo, videos de YouTube e imágenes, y permite ajustar la presentación al gusto con mapas conceptuales y figuras geométricas, pero requiere una cuenta y tiene acceso limitado en la versi
El documento habla sobre los sueños y metas de una persona. Le gusta divertirse con amigos, ver televisión y pasar tiempo con su familia. Sus sueños son terminar sus estudios, unirse al ejército y luego convertirse en policía.
La Unión Europea ha acordado un paquete de sanciones contra Rusia por su invasión de Ucrania. Las sanciones incluyen restricciones a las importaciones de productos rusos de alta tecnología y a las exportaciones de bienes de lujo a Rusia. Además, se congelarán los activos de varios oligarcas rusos y se prohibirá el acceso de los bancos rusos a los mercados financieros de la UE.
Este documento presenta una discusión sobre el significado de la sigla TIC y cómo se relaciona con la tecnología y la comunicación. Explica que TIC se refiere a la tecnología de la información y la comunicación y su importancia para los jóvenes. También discute los usos positivos y negativos del internet, incluyendo el aprendizaje, la conexión social y los riesgos como el aislamiento y problemas de salud debido al uso excesivo. El documento concluye esperando que la presentación sea útil.
Should I Short Sale My Home eBook by Harris and Chen. Information regarding Short Sale to avoid foreclosure. How to get out of upside down homes bought at the peak real estate market.
The document summarizes recent developments in the US housing market. It discusses signs of recovery including lower mortgage rates and inventory. Government programs like the FDIC principal reduction program aim to help troubled homeowners. Jumbo mortgages are becoming more available again. The tax filing season brings deductions and credits for homeowners from 2009. Local market conditions vary so buyers and sellers should consult their real estate agent.
The document summarizes recent developments in the US housing market. It discusses signs of recovery including lower mortgage rates and inventory. The government is taking actions like testing principal reduction to help homeowners. Topics covered for buyers, sellers and owners include tax deductions and credits. The local market varies so talking to a real estate agent is advised.
The document summarizes recent developments in the US housing market. It discusses signs of recovery including lower mortgage rates and inventory. The government is taking actions like testing principal reduction to help homeowners. Topics covered for buyers, sellers and owners include tax deductions and credits. The local market varies so talking to a real estate agent is advised.
The document summarizes recent developments in the US housing market. It discusses signs of recovery including lower mortgage rates and inventory. Government programs like the FDIC principal reduction program aim to help troubled homeowners. Jumbo mortgages are becoming more available again after tightening during the financial crisis. The tax deadline is approaching and the document provides tips for homeowner tax deductions and credits.
The document summarizes recent developments in the US housing market. It discusses signs of recovery including lower mortgage rates and inventory. Government programs like the FDIC principal reduction program aim to help troubled homeowners. Jumbo mortgages are becoming more available again after tightening during the financial crisis. The document provides tips for homeowners regarding tax deductions and credits.
This document provides information for homeowners considering buying a home. It discusses 4 reasons to buy a home now including that home prices are projected to continue rising, mortgage interest rates are also projected to increase, owning a home is essentially paying a mortgage whether renting or owning, and it's time to move on with life. It also covers topics like why you need a professional real estate agent when buying, how to consider the long term costs of homeownership over just the price, an overview of recent home price changes nationally and by state, projections that home prices will appreciate 3.6% annually over the next 5 years, where mortgage rates are headed, and reasons to hire a real estate professional.
The document provides an overview of the home buying process in 3 sentences or less:
The presentation outlines the key steps in the home buying process including getting pre-approved, finding a home, making an offer, finalizing financing details, completing inspections, and closing on the purchase. It also discusses determining financing options, assessing affordability, and maintaining the home after purchase. The presentation aims to educate home buyers on navigating the process and emphasizes working with a mortgage consultant for assistance.
The document summarizes recent developments in the US housing market. It discusses signs of recovery including lower mortgage rates and fewer homes on the market. Experts expect further recovery in 2010 as the economy grows and the government continues efforts to help homeowners and the unemployed. The FDIC plans a program to reduce principal for underwater homeowners to prevent foreclosures. Jumbo loans are also becoming more available after tightening during the financial crisis.
from selling a condo is taxable:
- Selling a condo for a profit is usually subject to capital gains tax, with half - How long the owner lived in the condo
the profit considered taxable income. However, profits from selling a principal - Pattern of buying and selling properties
residence are not taxable. - Reasons given for moving
- A real estate agent bought and sold a condo in Vancouver for a $30K profit - Other real estate activities and holdings
within a year, claiming it was his principal residence. - Credibility of the reasons provided
- The CRA discovered he had bought and sold 7 condos in 7 years.
The document provides an overview of buying a first home, including current real estate market conditions, incentives for first-time buyers, the home buying process, mortgage approval, and the roles of real estate agents. It discusses trends in home sales, prices, and inventory nationally and locally. It also outlines the mortgage approval process, different loan types, costs associated with buying a home, and tips for working with a real estate agent to find the right home.
The document summarizes recent economic and real estate market trends. It discusses steps the government has taken to boost the economy through unemployment assistance and mortgage relief programs. Real estate indicators like home sales, prices, inventory and mortgage rates are also summarized. The document concludes with tips for home energy efficiency tax credits.
The document provides an overview of recent developments in the US real estate market. It summarizes key data points like home sales, prices, inventory, and mortgage rates. It also outlines recent government actions to provide mortgage relief to unemployed homeowners and help underwater borrowers. New bills aim to stimulate hiring and the economy. The document concludes with tax tips for home energy efficiency upgrades.
The document summarizes recent developments in the US real estate market. It discusses signs of economic recovery and government efforts to boost the jobs market and help homeowners. Data shows existing home sales softened in February but prices remain low. Inventory is up while mortgage rates are near historic lows, improving affordability. The government aims to assist the unemployed and underwater homeowners to prevent foreclosures. New bills offer tax credits for home energy improvements and incentives to hire and retain employees.
The document provides information about the severity of the housing crisis and options for homeowners facing foreclosure or owing more than their home is worth.
It discusses how over 20 million homeowners will have negative equity, foreclosures have increased dramatically in recent years, and the crisis is affecting many regions of the country. Nevada, California and Arizona have the highest state foreclosure rates. The document also gives an example comparing the costs of short selling a home versus continuing to pay a mortgage on a home that is declining in value.
This document discusses the benefits of homeownership over renting. It summarizes that rent payments over several years will likely exceed the total cost of a mortgage. Mortgage rates remain low and many financing options exist to make purchasing affordable. Homeownership provides tax advantages as mortgage interest and property taxes are deductible. Additionally, homes generally appreciate in value over time. The document recommends speaking with a real estate agent or broker to determine if homeownership is financially feasible given an individual's situation.
Are You Thinking About Buying a Home | KM Realty Group LLCTammy Jackson
The process of buying a home can be overwhelming at times, but you don't need to go through it alone.
You may be wondering if now is a good time to buy a home or if interest rates are projected to rise or fall. The free eGuide below will answer many of your questions and likely bring up a few things you didn't even know you should consider when buying a home.
Have questions? Contact us today.
✅ https://kmrealtygroup.net/contact-us/
Are You Thinking About Buying a Home | KM Realty Group LLC
C:\Fakepath\Newsletter
1. John A Barba’s Real Estate Bulletin
This Week in Real Estate News (Housing, Mortgage, etc) Weekly Mortgage Rate Averages
New FHA Requirements: Party On! Mortgage Present Change Last
By Luke Mullins, Published January 10, 2010
Type Rate Week
.
30 Yr 5.04 % Up 5.00 %
Facing a tricky balancing act of keeping the housing market alive while protecting its
Fixed
eroding balance sheet, the Federal Housing Administration's new policy changes
help ensure that most American home buyers still have access to government- 15 Yr 4.35 % Same 4.35 %
backed mortgages with just 3.5 percent down. The steps—which include increasing Fixed
fees and boosting minimum down payment requirements for borrowers with very low
credit scores—are intended to rebuild and insulate the agency's capital cushion, 30 Yr 5.00 % Up Data not
which has eroded alongside falling home prices. But while the FHA insists they will FHA Provided
help strengthen its balance sheet, the changes are extremely accommodating to 15 Yr 5.23 % Down Data not
borrowers and should have little—if any—bearing on the FHA's ability to supply the FHA Provided
housing market with mortgage credit. Here are five things you need to know about
the development: 5/1 ARM 3.92 % Down 3.94 %
1. Falling Reserves
2. Higher Insurance Premiums Courtesy Bankrate & Mortgage101 as of 03/18/10
3. Increasing Down Payment Requirements (for some) Contact John is you need local rates from a
4. Reduced Seller Concessions trusted local Lender!
5. Impact!
Deal of the Month
Click here for full article
Home Improvement & Maintenance Tip of the Week:
Now that the snow has finally thawed, here are some landscaping tips:
By: Laura Fisher Kaiser, Published: September 18, 2009
Landscaping is one of the surest ways to pump up the value of your property.
According to research by Virginia Cooperative Extension, going from a plain lawn
and a concrete driveway to a well-landscaped lot raises a home’s perceived value by
12.7%. The opposite is also true: A “minimal” landscaping job—a thoughtless
smattering of scraggly plants—actually to remember is that success doesn’t depend
on how much you spend. “Landscaping doesn’t have Heldmann, author of “Be Your
Own House Contractor.” Here’s how to get started on a landscape plan of your own... This lovely property situated on a 50’ x 75’ lot in
southern Kentucky could be the perfect vacation
Click here for full article home, offered at the rock bottom price of
$2,450,000.00
(Funny huh, No seriously click here to search all
active listings in real time)
Monthly Contest: Upload a photo on my Face-
book Fan Page, the members photo with the most votes
at the end of the month will receive a gift card to Bogeys
Bar & Grill in Middletown, DE. Full details announced Joke of the Week:
on my Fanpage Wall.
If you think no one cares you're alive, then just
miss a couple of house payments
Invite your friends & family to participate in the fun.
Seasonal Info Here: Weekly Recipe: Your BBQ misses you:
Tax Tips for Homeowners Preparing 2009 Returns Recipe By : Remus Powers- Originator of the
By: Mike DeSenne, Published: February 19, 2010 Diddy-Wa-Diddy Sauce contest
Follow these tax tips for homeowners to ensure that you receive all of the tax
deductions and tax credits to which you’re entitled. 1/4 Teaspoon Allspice
You’ve heard it before: Your home is probably the biggest investment you’ll ever 1/4 Teaspoon Cinnamon
make. It’s also probably the biggest tax write-off you’ll ever have. Follow these tax 1/4 Teaspoon Mace
tips for homeowners to ensure that you receive all of the tax deductions and tax 1/4 Teaspoons Black pepper
credits to which you’re entitled for the 2009 tax year. 1/2 Teaspoon Curry powder, oriental pref
1/2 Teaspoon Chili powder
Home-related tax deductions, from mortgage interest to real estate taxes, can add 1/2 Teaspoon Paprika
up. If you’re married filing jointly with taxable income of $100,000, an extra $5,000 in 1/4 Cup White vinegar
deductions would lower your tax bill by $1,250. Tax credits, for such things as energy 1/2 Teaspoon Hot pepper sauce
efficiency and home buying, are even more valuable because they increase your 1 Cup Ketchup
refund (or decrease what you owe) dollar for dollar. 1/3 Cup Dark molasses
Give yourself a day to organize paperwork and fill out tax forms. Need help? IRS Place all of the dry ingredients into a bowl. Add
Publication 17, “Your Federal Income Tax,” has the answer to just about any vinegar and stir. Add remaining ingredients and
question you can think of, and it’s free. Basic tax software starts at $29.95, and H&R stir until mixture is thoroughly blended. This
Block charges $187, on average, to prepare a tax return. Full-service accountants sauce may be served room temperature or
charge more, depending on the complexity of a return. heated. Yield: 2 cups
Click here for full article
Weekly Q & A: What are the details of the tax credits?
1st Time Buyer~ defined as having not owned a home in the last three years~ Maximum amount is $8,000 ($4,000 Married, filing sepa-
rate)
Current Homeowner~ must have used the selling home as the principal residence consecutively for five of the previous eight years~
Maximum amount is $6,500 ($3,250 Married, filing separate). Selling to a dependant is Ineligible.
Income Restrictions~ $125,000 Single; $225,000 Married
Sales Price~ Maximum purchase price is $800,000
Deadline~ Must have a fully executed Sales Agreement to purchase on or before April 30th, Sales Agreements executed after this date
are ineligible. If you meet the Sales Agreement deadline, you have until July 1st to close/ settle, Settlements after this date are ineligible.
Have a question? Submit it to john@johnabarba.com and look for the following weeks issue for the answer. Have a question you need
answered now, call John direct at 302-530-4502
Other News: Funny Delaware Laws: We all need a laugh! Local Market Trends: MLS’s 4th Quarter ‘09 Stat’s
Delaware: Getting married on a dare is grounds for an annulment;
You may not sell dead people for money without a license; It is
illegal to fly over any body of water, unless one is carrying sufficient
supplies of food and drink; “R” rated movies shall not be shown at
drive-in theaters.
Lewes: It is illegal to wear pants that are “firm fitting” around the
waist.; Getting married on a dare is grounds for an annulment.
Rehoboth Beach: No person shall change clothes in his or her
vehicle; On Halloween, children may only “trick-or-treat” from 6:00
PM to 8:00 PM, and if Halloween falls on a Sunday, they must
“trick-or-treat” on October 30 during this same time interval; One
may not whisper in church; No person shall pretend to sleep on a
bench on the boardwalk; Changing into or out of a bathing suit in a
public restroom is prohibited; Alcohol may not be served in
nightclubs if dancing is occurring on the premises at the same time.
Economic News:
Manufacturing Facility Expands in Delaware Financial News:
Clean Technology Facility Doubles Capacity of Former Location
State Treasurer's/TD Bank Takeover Program
WILMINGTON, Del. (Mar. 11, 2010) - Magco Incorporated, a State Treasurer Velda Jones-Potter and TD Bank, America's Most
wholly-owned subsidiary of the Kissner Group, recently expanded Convenient Bank®, are pleased to announce an innovative new
its operations in Delaware. Originally established in 1998, Magco partnership to bring Financial Education to classrooms throughout
Incorporated is a leading producer of packaged rock salt, solar Delaware. This new partnership is the cornerstone of Treasurer
water softener salt products, salt for animal nutrition and specialty Jones-Potter's Financial Education initiatives for 2010.
de-icer products. They began packing operations in Pottstown, PA
and relocated to Claymont, DE in 2000. To accommodate A recognized leader in financial education, Treasurer Jones-Potter
increasing market demands and projected growth, the operation has teamed up with TD Bank, creators of the acclaimed WOW!
moved to a new, state-of-the-art facility in Wilmington. This new Zone, to bring this exciting program to schools. The TD Bank
facility has more than doubled the capacity of the former plant WOW! Zone is a free financial literacy program created and
location and has improved product quality while substantially implemented by TD Bank to help children ages 5-18 develop strong
reducing the company's environmental footprint. financial skills, in school and online.
Last week, Governor Jack Markell and Alan Levin, director of the Trained Bank Instructors present teacher-written lesson plans on
Delaware Economic Development Office, toured the new facility. topics ranging from an introduction to saving to understanding lines
Eugene Bitchko, Co-Chairman of the Kissner Group, led the visit of credit and the stock market. Treasurer Jones-Potter and TD
and provided an overview of the company's workflow and Bank are committed to giving children and teens the tools they
employment projections. Gene also recognized Delaware for its need to make smart financial decisions between wants and needs,
support of business development and DEDO for its assistance how to create a budget, and the basics of banking, to name a few.
throughout their expansion. Each lesson is supported with an age appropriate activity.
Click here for full story. Click here for full story
Questions or Comments, Email john@johnabarba.com or call 302-235-1054
Searching for real estate, need Buyer/ Seller info, need useful links:
www.JohnABarba.com
Re/Max Associates–1302 Old Lancaster Pike Hockessin, DE 19707 Office: 302-234-3800
(Each office independently owned & operated)
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