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BY JON HEALEY PUBLISHED JAN. 4, 2022 UPDATED JAN. 5, 2022 10:05 AM PT Quick Link to California Relief Website. You have to do it online, at camortgagerelief.org. If you don’t have access to the internet or a computer, you can ask a housing counselor to assist you. For help finding a counselor certified by the federal Department of Housing and U...
By Mark Zandi January 6, 2022 at 8:00 a.m. EST House prices are sizzling. Not just in swanky neighborhoods in the nation’s big cities or in resort towns. Not just in the suburbs or exurbs. Not just in inner cities or in rural areas. Just about everywhere. House prices were rising strongly before the pandemic, but since the pandemic hit they’ve been on a tear. The media...
BY ANDREW KHOURISTAFF WRITER JAN. 21, 2022 5 AM PT https://www.latimes.com/business/story/2022-01-21/southern-california-median-home-price-nears-700-000-record-high-december-2021 Southern California home prices hit another all-time high in December, capping a year of sharp growth that left many first-time buyers frustrated while homeowners counted their equity gains. ...
Tina Orem Jan 18, 2022 https://www.nerdwallet.com/article/taxes/selling-home-capital-gains-tax It feels great to get a high price for the sale of your home, but in some cases, the IRS may want a piece of the action. That’s because capital gains on real estate can be taxable. Here’s how you can minimize or even avoid a tax bite on the sale of your house. What is a capit...
Bloomberg News National Mortgage News Article Sales of previously owned U.S. homes fell in February by more than forecast to a six-month low as a limited supply of properties and high prices deterred potential buyers. Contract closings decreased 7.2% in February from the prior month to an annualized 6.02 million, figures from the National Association of Realtors showed Friday...
Erik J. Martin / The Mortgage Reports Contributor / March 28, 2022 - 7 min read Will home prices drop in 2022? The price of homes has risen significantly over the past few years. Many hopeful buyers, especially those on tighter budgets, are eager to learn if and when home prices may become more affordable. The consensus from experts? Don’t hold your ...
Dean Zerbe Contributor Forbes Magazine Article Here The Employee Retention Credit (ERC) has proven to be one of the most effective tax policies in helping small and medium businesses and tax-exempt entities weather the economic impact of the pandemic. The ERC provides employers up to $7,000 per employee per quarter in refundable tax relief for the first three quarters of 2021 (a...
https://www.cnn.com/2022/04/14/tech/elon-musk-twitter-offer/index.html By Chris Isidore and Mark Thompson, CNN Business Updated 4:52 PM ET, Thu April 14, 2022 New York/London (CNN Business)Elon Musk has made an offer to buy Twitter (TWTR) and take it private, saying he believes the company needs to be "transformed." According to an SEC filing,...
Andrew DePietro Contributor I cover real estate, economics and cost of living. Mar 30, 2022 https://www.forbes.com/sites/andrewdepietro/2022/03/30/california-housing-market-report-2022/?sh=29ee5e582c4a With interest rates rising, the corresponding increase in mortgage rates is beginning to make itself felt in housing markets across the United States. While rising mortg...
Article here: https://www.cnbc.com/2022/05/10/housing-market-improves-as-rising-mortgage-rates-weigh-on-sales.html One of the leanest housing markets in history might be putting on some fat. The supply of homes for sale could increase in the next few weeks, according to new data from Realtor.com. In April, inventory was 12% lower than in the same month last year, the smallest year-ov...
