Foreclosures and short sales aren’t the only story in the housing market. Historically low interest rates should be a sign for existing homeowners that it might be time to refinance. Freddie Mac released the results of its Primary Mortgage Market Survey today and the results…
The U.S. real estate market took a big hit when the housing bubble burst in 2008, but August housing numbers indicate a slight upswing in home sales from a year ago. It’s been hard to stay optimistic for housing market predictions with tight credit markets…
If you’re getting a mortgage, you will first need to understand the term private mortgage insurance, also known as PMI. PMI, which nearly became extinct during the real estate boom years, is an insurance product created solely for the benefit of a lender, although the…
The Beginning of the End of the Foreclosure Era – Part Two: Seeing Improvement Did you read last month’s post on predicting the beginning of the end of the foreclosure era? Steve Cook discussed the three key factors that will determine the pace of change…
If you’ve been following along the past few days, I’ve been giving a primer course on 1031 exchanges. This common, but often misunderstood, tax code can help investors defer taxes from their real estate transactions. As more investors are profiting off of the foreclosures and…
A 1031 exchange is a common way for real estate investors to preserve the profits from their sales, but the complicated rules of Section 1031 of the IRS Code can confuse the most experienced of investors. As investors are again selling their properties at a…