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Mar
25
2009

Interesting Real Estate Market Update from Dave Ramsey

By | Blog, Foreclosures Leave a Comment

ramsey

I caught this clip on Fox and wanted to share it.  Dave Ramsey discusses the national housing market, and looks at interesting national  housing and foreclosure statistics.  Despite being barraged with bad news, particularly housing news as of the past three years, there are some interesting postives. The affordabillity index of homes (comparing average income to median home price and current interest rates) indicates that there really has not been a better time to buy in the past 30 … [Read more...]

Feb
09
2009

Changes to the $250,000/$500,000 Exclusion For 2nd Home Sellers

By | Blog, Seller Articles Leave a Comment

Source: Sarasota Realtor Magazine February 2009 Author: Marc Mansfield - Government Affairs Director This is a very informative article regarding the changes in tax implications for a second home purchase.  In 2009, there are some new rules placed into effect as a result of the 2008 Housing and Economic Recovery Act when a second home is converted to a principle residence. Here are some explanations and examples of how this new rule impacts second home sellers. Governmental Affairs When a … [Read more...]