The real estate bubble is a much discussed phenomenon used to describe a situation in which property values, both or either commercial and residential, expand very rapidly. The result is an over-inflated market that sees buyers purchasing property at prices far above standard value while fearing the market will burst and property values will plummet …
The government’s Home Affordable Refinance Program will be changed to make it easier for homeowners to capitalize on current low interest rates by refinancing old, high-interest mortgages. The plan represents the latest federal effort to tackle a key impediment to the U.S. economy – a stagnant housing market caused in part by elevated numbers of …
Uncle Sam helps you in three ways when you own your home. The purchase When buying your own home, most of the expenses are not tax deductible. But there is one exception that is worth finding. The IRS says you can deduct interest in the year that it is paid, and that is usually part …
With tax season coming up, learn exactly what the mortgage interest tax deduction is and why it benefits you. If you’ve ever asked your accountant what more you could be doing during the year to lower your taxes, he or she has probably suggested that you should buy a house. But what exactly does that …
An Austin area home is more than a place to live. It also represents a major financial investment. Most of us will buy and sell several homes over the course of our lifetime, so it is important to consider the resale potential of each real estate purchase – before you buy it. Consider your intentions …
When it comes to increasing the value of a home, costly efforts do not always bring the most effective results. In many cases, the smallest changes can make the biggest differences in the market value of an Austin house. Whether you just want to improve your living space or increase the resale price of your …
If you’re like most people, you don’t want to have to pay more for your home’s energy than what you need to. Forget for a moment concerns about waste and the environment, and understand that most homeowners are throwing money away every month because their homes could really stand to improve their energy efficiency. Fortunately, …
Renovating, remodeling, and improving your home can be great ways to give it a makeover, gain extra space, or otherwise make it possible for you to stay in one place longer, but will they increase your selling price? The day may come when you want or need to sell your Austin house. In preparation for …