Many home sellers are making a profit on their sale. But if that profit is high enough, they may be on the hook for capital gains taxes. Capital gains taxes kick in when profits exceed $250,000 for single sellers or $500,000 for married couples who file together. As home prices have soared, longtime homeowners may …
Tag: Real Estate
May 20
Still Renting.. Read more…
Still renting? With the help of myself and Katy Sychterz of RoundPoint Mortgage, (NMLS# 183951 – 484.534.5107) we can explore homebuying options to help you meet your goals. #RealEstate #Realtor #HomePurchase #BuyersMarket #PlymouthMeetingRP
May 19
Top Commercial Real Estate Markets
Top Commercial Real Estate Markets Florida has five of the hottest commercial real estate metro markets in the first quarter: Orlando, Miami, Palm Beach Fort Lauderdale, and Fort Myers, according to new research from the National Association of REALTORS®. NAR’s Commercial Real Estate Market Conditions Index is calculated by factoring in 25 variables that reflect a …
May 19
Rental Costs Squeeze College Grads
Rental Costs Squeeze College Grads College grads are getting ready to start their careers, but they’re finding soaring rental costs could quickly zap away most of their newly earned paychecks. In 2020, the average starting salary for college graduates was about $55,000, up more than 14% about a decade ago, according to the National Association …
May 18
Most Popular Spaces to Remodel
Most Popular Spaces to Remodel Since the pandemic began, homeowners have been eager to spruce up their spaces. Even recently, homeowners are spending more on home improvement projects than they have—due partially to higher building material costs, but also to a desire to widen the scope of their projects. Kitchens and bathrooms continue to be …
May 18
Building Materials Press Even Higher
Building Materials Press Even Higher New-home buyers are facing higher prices, and a big reason is escalating building costs. Building material prices are up 19% over a year ago, according to a report from the Bureau of Labor Statistics. Material costs have jumped by about 36% just since the pandemic began. Many builders are passing …
May 17
Cities With the Most Older, Newer Homes
Cities With the Most Older, Newer Homes What’s better: a brand-new home or an older home? While buyers may have preferences, costs can be a factor. Some real estate experts say selling costs are up to 30% lower for older homes compared to newer ones. But others argue that older homes can require repairs that …
May 17
Buyers Resilient Against Rising Rates
Buyers Resilient Against Rising Rates Mortgage rates continue to push higher, but home buyers aren’t spooked. Mortgage applications for home purchases moved 5% higher last week compared to the previous week, and buyer competition remains elevated in many markets. Even as costs rise, buyers remain focused on their homeownership aspirations. The 30-year fixed-rate mortgage rose …
May 17
Check out these credit tips
Check out these credit tips! With the help of myself and Katy Sychterz of RoundPoint Mortgage, (NMLS# 183951 – 484.534.5107) we can explore homebuying options to help you meet your goals. #RealEstate #Realtor #HomePurchase #BuyersMarket #PlymouthMeetingRP
May 13
Delco / Broomall PA Home – 613 Warren Blvd. Broomall, PA. 19008
Listing courtesy of Andy Duncan – Coldwell Banker Realty $430,000 Est. Mortgage $2,634/mo*3 Beds3 Baths1520 Sq. Ft. Description about this home for sale at 613 Warren Blvd. Broomall, PA. 19008 Welcome 613 Warren Blvd! Another Lawrence Park gem hits the market! This well-maintained split-level features hardwood floors, open living room/dining area and a large family …
May 13
Renters Facing Bidding Wars
Renters Facing Bidding Wars Bidding wars have grown common in home sales, but now they’re part of the process of renting an apartment as well. As demand outstrips supply, renters are trying to outbid others to get the property they want. “Properties are definitely in short supply, and demand is high,” Bruce Ailion, a real …
May 13
Americans Fear Inflation’s Impact
Americans Fear Inflation’s Impact Inflation is running at a 40-year high as the costs of everyday goods rise. Americans are increasingly concerned about how inflation will affect their personal finances and their long-term financial goals, including homeownership. More than half of about 1,000 U.S. adults surveyed in March said that higher costs may have a …
