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Monthly Archives: February 2018

    Fair Skies on Horizon

    By Mike Parker | February 26, 2018

    Buyers who have been concerned about what might happen to the tax laws affecting home ownership should feel more comfortable about moving forward with their decision to purchase. The 2017 Tax Cut and Jobs Act passed by Congress and signed by the President continues to treat real estate as a favored investment. Whether it is... Read More

    Historical Perspective

    By Mike Parker | February 19, 2018

    In 1968, mortgage rates were 8.5%. The next year, rates went down to 7%. Homeowners could buy a 15-20% larger home for the same payments if they could find someone to assume their mortgage. FHA and VA mortgages were very popular in certain price ranges and they allowed anyone to assume the mortgage regardless of... Read More

    The “Right” Agent and the “Right” Home

    By Mike Parker | February 12, 2018

    Some buyers think that finding the right home is the critical part of the buying process and that is how they determine which agent to use. While it is important, there may be a broader skill set to consider when selecting your real estate professional. The most recent NAR Profile of Home Buyers and Sellers... Read More

    Convincing Advantages with Standard Deduction

    By Mike Parker | February 5, 2018

    The new tax law doubles the standard deduction and it is estimated that over 90% of taxpayers will elect to use it. However, even without considering tax benefits, homeownership has convincing advantages. Besides the personal and social reasons for owning a home, one of the most compelling is that it is cheaper. Principal reduction and... Read More

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