Article by: Simplifying the Market™Originally Published: June 11, 2018, 10:00 amAccording to recently released data from the National Association of Realtors (NAR), the median number of days that a home spent on the market hit a new low of 26 days in April, as 57% of homes were on the market for under a month. NAR’s Chief Economist, Lawrence Yun, […]
The Cost of Renting vs. Buying [INFOGRAPHIC]
Article by: Simplifying the Market™Originally Published: June 8, 2018, 10:00 am Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.8%) vs. the percentage needed to buy a median-priced home (17.1%), the choice becomes obvious. […]
Did Tax Reform Kill the Luxury Market? NOT SO FAR!
Article by: Simplifying the Market™Originally Published: June 7, 2018, 10:00 amThe new tax code limits the deduction of state and local property taxes, as well as income or sales taxes, to a total of $10,000. When the tax reform legislation was put into law at the beginning of the year, some experts felt that it […]
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