Paul Rosso's Real Estate Updates Seller and Owner Advice 

Top Homeowner Tax Deductions That Decrease Your Tax Burden

  You can’t avoid paying taxes, and we all need to pay our fair share. However, paying your fair share shouldn’t place an unjust burden on you. As a homeowner, your tax burden is doubled because you pay both income and property taxes. To decrease that burden and boost your tax savings, take advantage of these homeowner tax deductions. As a result, you can use your tax savings to go on a vacation, increase your child’s college fund, build upon your retirement fund, or complete another home improvement project. Home…

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5 Reasons To Sell Now

As the temperature drops, many buyers still need to purchase their dream home.  The winter is a great time to list your home for sale.  Here are five reasons supporting that… Demand is Strong Foot traffic refers to the number of people out actually physically looking at homes right now.  The latest foot traffic numbers show that there are more prospective purchasers currently looking at homes than last year’s winters buyers’ market.  These buyers are ready, wiling and able to purchase…and are in the market right now! Take advantage of…

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Buyer and Mortgage Advice Seller and Owner Advice 

Housing Market: Freddie Mac Remains Optimistic

  The April 2015 U.S. Economic & Housing Market Outlook from Freddie Mac revealed that they are optimistic about the real estate market in 2015. As a matter of fact, the sub-title of the report was “Great Expectations”. What made Freddie Mac so optimistic? Here are a few highlights from the report: “For the remainder of the year we should see a resumption of solid economic growth and acceleration in housing activity. Notwithstanding a disappointing March jobs report the acceleration is already underway.” “With spring upon us, housing markets are…

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Half of American Households Plan To Move

A recent Demand Institute report revealed “nearly half of all American households plan to move at some point in the future.” Seventy-five percent of those surveyed in the report cited one or more ‘location-related reasons’ for their eagerness to move. Here are the top 5 reasons: Safer Neighborhood – 30% Closer to Family – 27% Change of Climate – 26% Closer to Work – 25% For a New Job – 23% While the majority of Americans (74%) will move within their home state, for the 26% planning to call a…

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Hurry Up! It’s time to list your home!!

As the data on the 2015 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME! We realize that existing home sales stumbled in January compared to December. But, if we compare the current September-January time period to the same period a year ago, we can see that existing home sales have outpaced last year every month with the January sales numbers 200,000 homes greater than last January: Pending home sales (houses going into a contract)…

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Seller and Owner Advice 

Is the Housing Market Back? Ask Lowes & Home Depot!

A recent Bloomberg Business article reports that both Lowes & Home Depot experienced fourth quarter profits that beat revenue projections by the most in six quarters. So what does that mean to the local housing market? Consumer Confidence Lowe’s Chief Executive Officer Robert Niblock said, “Consumers are feeling better about their jobs, their wages and certainly feeling better about the value of their home, they are re-engaging in projects that they have put off.” Sales to professional contractors have increased significantly as well, and were a driving factor in the…

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