Capital Gain Taxes Going Up, Way Up
April 15, 2010 by fgregory · Leave a Comment
Capital Gain Taxes Going Up, Way Up“58 Percent Increase in Capital Gain Taxes is Coming”
TAX INCREASE #1 – 20 PERCENT CAPITAL GAIN TAX IN 2011
On January 1, 2011, the capital gain tax reduction that was signed into law by President Bush under the Tax Increase Prevention and Reconciliation Act will “sunset.” The tax rate will [...]
No State of Calif. Tax on Forgiven Debt. Good News for San Diegans
April 14, 2010 by fgregory · Leave a Comment
NO MORE STATE TAX ON FORGIVEN DEBT
Distressed homeowners no longer have to pay California state income tax on debt forgiven in a short sale, foreclosure, or loan modification. Enacted into law yesterday, Senate Bill 401 generally aligns California’s tax treatment of mortgage debt relief income with federal law. For debt forgiven on [...]
Survey finds Americans Prefer Homeownership
April 12, 2010 by fgregory · Leave a Comment
This recent survey and report by Fannie Mae is accurate and reflects the national attitude of most buyers in this current market. Yes the economic news has petrified and effected almost everyone in the country. Most average Americans are holding their cards close to their chest just waiting for the bottom to hit [...]
San Diego Real Estate activity is picking up the pace!!!
April 7, 2010 by fgregory · Leave a Comment
The San diego Housing Market is finally starting to show signs of improvement. Offers that we wrote for clients in October are finally coming our of the short sale approval process and are headed for escrow. Situations with Lenders not accepting Home Owner Association due to the high % of deliquent HOA [...]
Avalar San Diego & NHSP presented a National Webinar on Loan Modifications
April 1, 2010 by fgregory · Leave a Comment
March 31, 2010…San Diego Calif. Avalar San Diego Real Estate & Loans in collaboration with National Home Savers Pro presented a National Webinar and Questions and Answers on Loan Modifications & Loan Assistance Possibilities. Brokers and Licensees from all over the US participated and learned how the Loan Modification process works (No up-front [...]
San Diego Homes Biggest Energy Waster – The Garage Door
March 26, 2010 by fgregory · Leave a Comment
It isn’t easy being a homeowner. We’re in the middle of a recession, home prices have fallen, unemployment is over 10%, and everything keeps getting more expensive. Especially the electric bill.
There are lots of tips on how to cut down on the bills, like installing energy efficient light bulbs and installing energy efficient [...]
Home Owners…What are the Remodeling trends in 2010
March 25, 2010 by fgregory · Leave a Comment
Design Trends Leading The Way In 2010
Every year the National Kitchen and Bath Association polls their members as to what they are seeing in the marketplace when it comes to trends in kitchens and bathrooms. Given the recent economy there seems to be less importance on $4,000 refrigerators and $3,000 stoves and more attention to [...]
Accurate National Home Price Index
March 11, 2010 by fgregory · Leave a Comment
I have available the complete Federal Housing Finance Agency quarterly report which delivers the actual home sales data based on historical and recent sales across the USA. This report is too lengthy to include in this blog but I will send on to anyone who responds and request it. The data represents a [...]
Any Tax Credits for me, a current homeowner??
February 24, 2010 by fgregory · Leave a Comment
Any Tax Credits for me, a current homeowner?
Recently there has been a lot in the news about the tax credit for first-time homebuyers but don’t think there is nothing in it for existing homeowners. Many sources have told consumers not to stop thinking “energy conservation” that the price of oil is down. In that light [...]