Economy

It’s Shoulda Woudla Coulda Time! Thoughts on Home Prices

It’s Shoulda Woudla Coulda Time! © Aaron Zapata In the years from 2008-2010 I had too many conversations about how “bad” the market was…way more than I care to admit. It was non-stop, as homeowner after homeowner lamented about how far home prices had fallen. The phrases below were so common they have been etched in my brain forever. “Man! I wish I would of known!” “Oh, if I had known,...

NAHB Reports Importance of MID on Your Home

There's been lots of talk of mortgage rates and tax credits and cuts in the news lately and it can be hard to understand how it all applies to you and your home. A recent analysis by economists at the National Association of Home Builders (NAHB) on the mortgage interest deduction (MID) delves into how this particular tax provision benefits homeowners. Scrutinizing data collected by the IRS and the Census...

Mortgage Rates Drop -Time to Buy or Sell Your Home?

If you were worried about the effect current mortgage interest rates may have had on your home for sale, you may be feeling a little better this week. As of July 18th, 2013, the Freddie Mac Primary Mortgage Market Survey(R) (PMMS®) reports that average fixed mortgage rates are showing reductions. "Fixed mortgage rates fell as Federal Reserve (Fed) Chairman Bernanke helped ease market concerns about the...

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