President Obama is targeting the tax deduction for mortgage interest payments and charitable contributions made among high-income earners. The proposed budget cuts call for taxpayers in the 33 percent and 35 percent tax brackets to be limited in … [Read more...]
Shopping Tips for Buying a Home Warranty
Home warranties can be attractive to home owners or buyers who are looking at purchasing a property. These service contracts can cover all of a home’s major systems, such as the furnace or air conditioner, and will cover needed repairs if the … [Read more...]
NAR: Secondary Mortgage Market Needs Improvement
The National Association of REALTORS® welcomed the Obama Administration’s call for an orderly transition from the current form of the secondary mortgage market to a new structure that would enable Americans to achieve affordable, sustainable … [Read more...]
Small Houses Squeeze Out McMansions
Home sizes continue to shrink across the country as families look to downsize and move closer to the city. "A McMansion was a trophy--often times a house with five or six bedrooms when you only needed two," says Scott Phillips, a real estate agent … [Read more...]