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Mortgage rates inch up on positive economic data

by countyproperties | Mar 16, 2012 | Finance, Latest News, Real Estate news

Mortgage rates rose across the board this past week on positive jobs data and increasing bond yields, Freddie Mac said Thursday. The 30-year, fixed-rate mortgage hit 3.92% for the week ending March 15, up from 3.88% the previous week and down from 4.76% a year ago,...

Tax Exchanging on a Vacation Home

by countyproperties | Mar 9, 2012 | Finance, Latest News, Real Estate news

Make sure it qualifies as an “investment property” under IRS §1031 If your client is selling a vacation home, it is important to know that it is possible to defer any capital gains tax associated with the disposition, if the vacation home...

Is San Diego Real Estate Turning into a Seller’s Market?

by countyproperties | Mar 2, 2012 | Current Affairs, Real Estate news, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate, San Diego Short Sales

It seems like the San Diego real estate market has been a buyers’ market since the crash the end of 2007. With low interest rates, plenty of inventory, and low housing prices, buyers have been in control for quite some time because they’ve had their pick...

Commercial Real Estate Vacancy Rates Improving Rents Firming

by countyproperties | Mar 2, 2012 | Commercial Real Estate, Finance, Latest News, Real Estate news, San Diego Investment Properties

According to the National Association of Realtors® quarterly commercial real estate forecast, all of the major commercial real estate sectors are seeing improved fundamentals, but multifamily housing is becoming a landlord’s market commanding bigger...

Homeowners should be aware of these tax breaks

by countyproperties | Mar 2, 2012 | Finance, Latest News, Real Estate news

Homeowners should be aware of these tax breaks that they may be eligible to receive. Mortgage interest: Homeowners are generally entitled to reduce their taxable income by the amount of mortgage interest they pay, as long as they itemize deductions on their tax...

NAR Video: Pending home sales hit 21-month high

by countyproperties | Mar 2, 2012 | Finance, Latest News, Real Estate news, San Diego Real Estate

Pending home sales rose to their highest level in 21 months in January, according to the National Association of Realtors® , as agents signed more contracts for existing homes. The seasonally adjusted index increased 2% month-over-month to 97 from a...
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