Economy
I love hearing about real estate life in the U.K. When it comes to health care, they are trying to reform their socialized regime — which is both awful and wonderful, depending on who you talk to — even as the U.S. steers towards socialized medicine. (The Brits want it to be less socialized.) Now…
Read MoreYou know how it is: we all know the best real estate agents, usually people we have worked with, realtors we trust. In Dallas, we are lucky enough to be loaded with top quality agents. We look at some of those those “best lists” and scratch our heads — who are these people, and did…
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I think I could live with just about every single suggestion this bipartisan deficit panel has made, at least, those that I have read, except the home mortgage deduction limitations and eliminating the mortgage deduction on second homes. Homeowners can now deduct mortgage interest on mortgages up to one million dollars. But would a second…
Read MoreThe Presidential, bi-partisian committee scrutinizing ways to cut our huge budget deficit brought on by the housing market collapse, Wall Street firms going under, and the biggest government bail out in the history of the world, may end the U.S. home mortgage deduction. It could certainly end the mortgage interest deduction of second home properties.…
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Kind of like an unplanned pregnancy, more folks these days are ending up with two or more homes on their real estate hands, making a lot more of us second (or multiple!) home owners. Real estate market conditions have practically stranded homeowners in their homes, which is not the end of the world if you…
Read MoreHow To Find A Face Behind the Place. Did you know there are more than 7.5 million second home owners in the U.S? I did, of course. And I also know there are about a million more properties out there waiting for owners. In the meantime, what do current second home owners do to monetize…
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