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Housing Crunch Exacts a Heavy Price on Californians

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TAX TIME

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Are Mortgage Points Tax Deductible? When you took out a mortgage to buy your home, did you pay points? You may be able to deduct that prepaid interest on your federal tax return — but only if you meet a long list of rules. Read 9 Easy Mistakes Homeowners Make on Their Taxes Don’t rouse […]

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Survey: Flipping Trend Continues to Gain Momentum Among Investors

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The rising trend of home flipping around the country seen in Q4 continued to build momentum among investors in nearly every market surveyed in Q1, according Auction.com‘s First Quarter 2015 Real Estate Investor Activity Report released on Monday. The percentage of investors surveyed who said they intended to flip the properties they bought rose by 6.5 […]

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Existing-Home Sales Spike in March

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WASHINGTON (April 22, 2015)—Existing-home sales jumped in March to their highest annual rate in 18 months, while unsold inventory showed needed improvement, according to the National Association of Realtors®. Led by the Midwest, all major regions experienced strong sales gains in March and are above their year-over-year sales pace. Read the full story here…….

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RealtyTrac: Foreclosures will soon return to pre-crisis level Foreclosure activity falls to lowest level since July 2006

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Foreclosure activity, which includes default notices, scheduled auctions and bank repossessions, is on track to return to pre-crisis levels by the end of 2015, according to a new report from RealtyTrac. RealtyTrac’s U.S. Foreclosure Market Report for February 2015 showed that there were foreclosure filings on 101,938 properties in the U.S. in February, which is a […]