Housing and Tax Reform: Where Could the Impact Land?
Home-buyers and homeowners are anticipating fallout from the Tax Cuts and Jobs Act, which has changed home-ownership incentives, including the deductions for mortgage interest and state and local taxes. How deep the effect is hinges on location, according to new research. With the bill’s new provisions, the mortgage interest deduction (MID) is applicable to loans […]
Read MoreBROOKVILLE REAL ESTATE MARKET SUMMARY REPORT
National and County-wide news sources are slow and do not accurately represent what is happening in our local market. It’s important to stay informed about conditions impacting your local neighborhood! Below is a report of Brookville, Long Island NY. I hope you find it useful. These market reports are updated weekly so you can be “ahead […]
Read MoreAre Higher Mortgage Rates Scaring Off First-Time Home-buyers?
First-time homebuyers are shying away from their plans to purchase this spring, according to a recently released report by realtor.com, due to the surge in mortgage rates in the last two months of 2016. Though rates have deflated since the end of the year, they remain hovering above 4 percent—high enough to scare off first-timers […]
Read MoreAsk the Expert: What Are the Best Ways to Prepare for a Home Inspection?
Q: What are the best ways to prepare a client for a home inspection? A: Today, home inspections are almost universally recommended by every real estate professional. When it comes to their clients—especially first-time buyers—many are not familiar with the home inspection process, and what they can expect. Here are a few things you can […]
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