Monthly Archives: January 2013

Home Tax Deductions You May Be Missing

Posted on January 30, 2013 by

With tax season in swing here are a few deductions you may have been missing out on. You will have to itemize you return, but you just might get a better return by doing so. 1. MORTGAGE INTEREST DEDUCTION: You … Continue reading →

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How “fiscal cliff” deal affects homeowners

Posted on January 25, 2013 by

Here’s a quick look at how the “fiscal cliff” deal passed by Congress on New Year’s Day 2013 affects homeowners (for now): • current tax rates for all households earning less than $450,000, and $400,000 for individual filers remain in … Continue reading →

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Tips to keeping your home warm & cost effective

Posted on January 23, 2013 by

With winter in full swing here in the TriCities our energy costs are on the rise, so here are a few tips to keeping those costs down that are not too late to implement. 1. Check for drafts around windows … Continue reading →

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Thinking of Remodeling?

Posted on January 18, 2013 by

With the tax return season nearing, some of you may be thinking of remodeling your home. Here are some tips on finding the right contractor and avoiding the less reputable ones.  Before you open your phone book and start randomly … Continue reading →

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Slow But Steady Growth in Tri City Home Sales

Posted on January 16, 2013 by

Real estate agents in the Tri City area are feeling positive over the 2% increase in home sales last year, which was comparable to the year 2011. Modest growth and average sale prices means steady growth, which is good as … Continue reading →

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New Mortgage Rules Released by Federal Officials

Posted on January 11, 2013 by

Thursday, January 10th, Federal officials released new mortgage rules set to go into effect on January 21st, to decrease risky lending and to allow borrowers to easier understand what they are agreeing to. The new mortgage rules are aimed at … Continue reading →

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Higher End Home Sales Are On The Rise

Posted on January 9, 2013 by

Sales of homes priced above the $750,000 mark increased by 50% from 2011, according to a November report by the National Association of Realtors. The change pushed the median home price to $180,600 increasing from November of 2011 by a total … Continue reading →

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2013 Mortgage Rates Expected to Rise Only Slightly

Posted on January 4, 2013 by

This week mortgage rates remained low at an average of 3.34 percent on a 30 year fixed rate loan with a 0.7 percent average point. This is down from 3.35 last week and 3.91 last year. To keep rates low … Continue reading →

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Real Estate Comes Out Winners at end of “Fiscal Cliff”

Posted on January 2, 2013 by

Late last night the Senate Bill to extend some federal tax code provisions important to home buyers, sellers, builders, and those in real estate were finally passed by the House in a 259-167 vote.  Among the items approved through the … Continue reading →

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