Wednesday, October 5, 2011

Carpe Diem...Real Estate Update - October, 2011


Carpe Diem...Real Estate Update

General Real Estate News & Views
SEVEN IN 10 RENTERS SAY OWNING A HOME IS TOP PRIORITY
Most Americans still believe that owning a home is a solid financial decision, and a majority of renters aspire to home ownership as a long-term goal.


10 TAX TIPS FOR INDIVIDUALS SELLING THEIR HOME
If you have a gain from the sale of your main home, you may qualify to exclude all or part of that gain from your income. Here are ten tips from the IRS to keep in mind when selling your home.


EXPERTS' FORECAST FOR 2011 PRICES IMPROVES
The home price picture for this year is shaping up to be a little better than it looked June, according to the September 2011 home price expectations survey of 111 leading housing economists and experts sponsored by MacroMarkets LLC.






As more foreclosures come to the market at discounted prices, there will be greater downward pressure on all housing values.









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