“More has been lost due to indecision than was ever lost to making the wrong decision.” Interest rates have as much effect on housing costs as price and when they are both trending upward, it can be very expensive to wait. There can be some legitimate reasons for postponing a purchase such as needing to… [Read More]
Worth the Effort
“Anyone may arrange his affairs so that his taxes shall be as low as possible…” While Judge Learned Hand was talking about federal income taxes, it can be applied to property taxes as well. States have a process of assessing the value of a property based on a number of things that can include size,… [Read More]
Your home may be worth a lot more than you think
Real estate lost a lot of value during the recession but most areas have rebounded considerably. In some cases, the homes are worth more than they were before the housing bubble burst. The dynamics are classic for this type of market: inventories are low, mortgage rates are low and demand is high. All price ranges… [Read More]