Just this past week the National Association of Realtors announced that resale home sales are way up, as are prices. And there was much rejoicing! Well, the buyers weren’t rejoicing, but homeowners were rejoicing! Especially... Read More »
California is still suffering from a major drought and people are really starting to take it seriously. Last summer I saw a few brown lawns, but most people weren’t quite ready to let theirs die. Now it seems like there are... Read More »
I’ve had some people tell me they’d like to move, but they think they have to wait for their two year anniversary before they can sell to avoid paying capital gains tax on the sale of their principal residence.
The... Read More »
It seems like we’ve been talking about Greece defaulting for a LONG time. Things are coming to a head again quickly and there are renewed concerns that this could be the start of another worldwide economic implosion. People... Read More »
Now that prices have recovered, people are asking me about capital gains taxes again. There are a lot of myths out there on this topic.
The most common myth is that you have to buy another home of equal or greater value... Read More »