IRS Clarifies Home Equity Loan Tax Deductions Under New Law By Liz Dominguez Share This Post Now! This year’s tax season is bringing to light taxpayer confusion surrounding The Tax Cuts and Jobs Act of 2017, which could impact homeowners in next year’s tax filing. The IRS is taking steps to clarify what the new provisions mean …
Bankruptcy Clarification Could Give Home-Buying Millennials Options By Liz Dominguez Share This Post Now! Student loan debt is one of the major home-buying challenges for the millennial generation. According to a survey by the National Association of REALTORS® (NAR), 83 percent of surveyed millennials said they are delaying their home-buying plans by a median of seven …
Housing Starts Blow by Expectations By RISMedia Staff Share This Post Now! Home-building activity blew by expectations in January, with housing starts up 9.7 percent to a rate of 1,326,000, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family housing starts increased 3.7 percent …
10 cities on the verge of a housing bubble By Bonnie Sinnock Published February 13 2018, 10:57am EST More in Home prices Housing inventory Mortgage rates Purchasing power Purchase Underwriting Attom Data Solutions Print Start Slideshow Adobe StockSlide 1 of 12 National home price growth is slowing and wages could be increasing, but there are still several areas …
Home Prices Still on an Upturn By RISMedia Staff Share This Post Now! Home prices are still on an upturn, up 5.3 percent in the fourth quarter of 2017, according to the latest quarterly report by the National Association of REALTORS® (NAR). “A majority of the country saw an upswing in buyer interest at the end of …
10-Year High Profits for Sellers By Suzanne De Vita Share This Post Now! Homeowners are profiting when selling—and their average earnings haven’t been this high since 2007. At the close of 2017, the average home seller gained $54,000, or a 29.7 percent return on investment (ROI), in the transaction, according to ATTOM Data Solutions’ recently …