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Do buyers stand a chance in this heated real estate market?

Do buyers stand a chance in this heated real estate market?

by Third Party | May 1, 2021 | Mortgage Information, Real Estate News

Source: OC Register —  I read with great interest last week, Leslie Eskildsen’s column on a relatively new residential listing class known as Registered Status. If your unfamiliar – as was I – here are the Clif notes. A seller hires a broker to sell his house by...
$15k first-time homebuyer tax credit introduced in Congress

$15k first-time homebuyer tax credit introduced in Congress

by Third Party | May 1, 2021 | News/Current Events

Source: MPA —  Democratic lawmakers introduced new legislation today to help first-time homebuyers grappling with soaring house prices with a tax credit of up to $15,000 as part of President Joe Biden’s bold housing agenda. The First Time Homebuyer Act, led by...
Biden to Abolish Capital-gains Tax Loophole for Real Estate Investors

Biden to Abolish Capital-gains Tax Loophole for Real Estate Investors

by Third Party | Apr 29, 2021 | News/Current Events

Source: MPA —  President Biden is pushing to close a tax loophole that has allowed real estate investors to defer paying capital gains on property sales as part of his $1.8 trillion spending package for new social programs. The Biden Administration said that the...
More than 600,000 Latinos bought a home with a mortgage in 2020

More than 600,000 Latinos bought a home with a mortgage in 2020

by Third Party | Apr 29, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: Scotsman Guide —  Over 600,000 Latinos bought a home using a mortgage in 2020, an increase of 13% from the previous year. That’s according to the 2020 State of Hispanic Homeownership Report, released this week by the National Association of Hispanic Real...
New home sales battle: mortgage rates vs. lumber supply

New home sales battle: mortgage rates vs. lumber supply

by Third Party | Apr 29, 2021 | Mortgage Information, News/Current Events, Real Estate News

Source: Housing Wire —  Today the Census Bureau reported that in March 2021, new home sales were at a seasonally adjusted annual rate of 1,021,000. This number beats estimates. Additionally, major positive revisions were made to the sales number of the previous...
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