Standard or Itemized

Taxpayers can decide each year whether to take the standard deduction or their itemized deductions when filing their personal income tax returns. Roughly, 75% of households with more than $75,000 income and most homeowners itemize their deductions. Beginning in 2018, the standard deduction, available to all taxpayers, regardless of whether they own a home, is […]

Staging Shortcuts That Sabotage Your Home Sale

Home staging is a major player in a home sale. How your home looks, feels, and even smells can influence buyers’ decisions, so it’s important to present your home in the best light. Cleaning, decluttering, and rearranging furniture are essential to preparing your home for showings, but it can be tempting to take a few […]

Inventory Continues to be a Challenge

In any given market, inventories fluctuate based on supply and demand considering area and price range. The National Association of REALTORS considers a balanced market to be a six-month supply of homes. If it takes longer than six months to sell, it is thought to be a buyer’s market and less than six months, a […]

Your Refund Could be the Difference

One of the silver linings to filing your income tax return is finding out that you are going to receive a refund. If you happen to be one of these fortunate taxpayers, your next decision is what to do with it. With the average tax refund around $3,000, it could be the difference that makes […]

What’s Your Style? 5 Popular Architectural Styles to Consider for Your Dream Home

Dream homes around the country have one thing in common: amazing architecture. From Greek Revival to Modern, we’re breaking down the most popular architectural styles in America to help you discover your own dream home. 1. Greek Revival Homes Popular during the 1820s, ’30s, and ’40s, Greek Revival takes inspiration from the ornate temples of […]

Fair Skies on Horizon

Buyers who have been concerned about what might happen to the tax laws affecting home ownership should feel more comfortable about moving forward with their decision to purchase. The 2017 Tax Cut and Jobs Act passed by Congress and signed by the President continues to treat real estate as a favored investment. Whether it is […]

Historical Perspective

In 1968, mortgage rates were 8.5%. The next year, rates went down to 7%. Homeowners could buy a 15-20% larger home for the same payments if they could find someone to assume their mortgage. FHA and VA mortgages were very popular in certain price ranges and they allowed anyone to assume the mortgage regardless of […]

Costly Mistakes to Avoid After You Buy Your First Home

You’re smart. You’re doing your research about home buying and homeownership (like you are right now!), so you feel like you’re prepared to avoid common home buying pitfalls. But you’ll soon find that once you’ve moved in, there is a whole new list of common problems that plague unwary first-time homeowners. To help you make […]

The “Right” Agent and the “Right” Home

Some buyers think that finding the right home is the critical part of the buying process and that is how they determine which agent to use. While it is important, there may be a broader skill set to consider when selecting your real estate professional. The most recent NAR Profile of Home Buyers and Sellers […]

Convincing Advantages with Standard Deduction

The new tax law doubles the standard deduction and it is estimated that over 90% of taxpayers will elect to use it. However, even without considering tax benefits, homeownership has convincing advantages. Besides the personal and social reasons for owning a home, one of the most compelling is that it is cheaper. Principal reduction and […]