July Newsletter
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Tax Free Rental Income!
Rent your vacation property for 14 days or less in a year and you can skip reporting the rental income!
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Real Estate Market News
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Single-Family Home Prices on the Rise Source: REALTOR Magazine After a 19% decrease since 2007 the home prices of detached, single-family homes has increased 1.6% nationwide, according to Integrated Asset Services (IAS), a specialist in residential collateral valuations. This is the largest increase since July 2005! |
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Super-Tenants Work for Rent Breaks Source: NY Times Some tenants are earning up to a $300 discount on their rent, by doing some handy work for the building and other tenants. Small tasks like taking out the trash help landlords save some money and keep things running smoothly. Learn how you can save without breaking the Housing Maintenance Code! |
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Optimal Places to Live Source: CNN A five-part checklist offers some help in finding the perfect location for your new home. How will you ensure your home is a solid investment? |
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The Nation's 100 Cheapest Places to Live Source: Forbes With the country’s economy taking its toll on people’s lives, more and more Americans are switching from the expensive coasts to cheaper States. See where the cost of living would fit today’s budget! |
Real Estate Finance News
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$6
Billion Towards Foreclosures Source: CNNMoney.com The Federal Reserve has made $6 billion available for the Neighborhood Stabilization Program, which aims to help minimize the number of foreclosed home on the market. Learn more about the program and buy a house today! |
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The Good, the Bad, & the Ugly of Reverse Mortgages Source: Time Washington is growing concerned as in the coming years 70 million home-owners, from the baby boomers generation, will be turning to reverse mortgages. Under the right conditions, these loans can work for you! |
International Real Estate News
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Great Beaches, Rural Escapes, and Fantastic Golf! Source: Telegraph Girona has been placed on the map for British buyers, thanks to a new PGA golf course, Golf de Catalunya. Lush green fairways mean beautiful new homes, a smart hotel and international cuisine. Each home will be unique with the rural architecture of Spain and there will be no two identical rows of homes, which is common with golf resorts. Find out the cost of paradise! |
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Google Enters the Property Search Market Source: The West Australian Australia’s realestate.com.au and Domain are the current favorite for real estate classifieds, but that could all change with Google now entering the market. Will Google dominate, or will realestate.com.au meet their challenge? |
