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Help with a Taxing Process
With tax season in full swing, homeowners can find help navigating the preparation process by visiting HouseLogic.com. At HouseLogic visitors can find a wide variety of helpful tips and advice on homeowner deductions and credits, including:
Renters Rents Rising
Renters on the fence about owning a home take note:vacancy rates are declining and rents are rising. NAR’s most recent Commercial Real Estate Market Survey revealed the multifamily housing sector is becoming a landlord’s market, with vacancy rates below 5 percent justifying higher rents.
Don’t Cancel Mortgage Debt Relief
A law that currently provides relief to troubled borrowers when some portion of their mortgage debt is forgiven is set to expire at the end of this year. If that happens, households who were already struggling to pay their mortgage may face tens of thousands of dollars in taxes because the IRS would count the cancelled debt as income.
Social Networking…Realtor ® Style
Realtors® continue to use technology to keep in touch with their clients and build business. NAR’s Center for Realtor® Technology recently released a survey detailing just how Realtors® stay connected.
Affordable Housing
According to NAR’s latest metro price report, affordability conditions are improving in housing markets across the country. This trend is bolstered by softer existing-home prices coupled with record low interest rates.
Driving Public Policy Home
As the presidential primaries continue across the country, it’s important that homeownership remain part of the national dialogue.