| The Home Buying Process: Step by Step | | Posted Monday, March 12, 2007 3:09:40 PM by Blog57 Team | | (ARA) - Buying a home can be a very intimidating process, especially if you've never done it before. So the first thing you should do before you start is to figure out whether owning a home is right for you.If you're in a region where housing is at a real premium or is very expensive (such as New York or California), it may be better for you to continue renting. Take into account that if you do buy a home, there are extra responsibilities and costs that go along with it -- such as lawn care, snow removal, home maintenance and repairs, etc.Ok, then. You've decided that renting is no longer for you and you want to move into your own home. Where do you begin? .... | |
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| | | Mobile Home Park Removed From Sale List | | Posted Thursday, January 25, 2007 1:20:26 PM by Blog57 Team | | The Linda Vista Mobile Home Park has been removed from the initial list of city properties being considered for sale, according to City Councilwoman Donna Frye, 6th District. Frye said that she had met with James Waring, deputy chief of land use and economic development, to discuss the issue. The residents were rightly concerned and I am pleased that Mr. Waring agreed to examine all the facts, said Frye, who chairs the councils Natural Resources and Culture Committee. We are committed to working together to ensure a balanced process that serves the public. In an e-mail released by Fryes office, Waring told Frye that, in the future, We will not place multiple tenant properties on the possible sale list until weve fully informed the tenants, listened to their issues and decide if the sale is the best public policy.... | |
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| | | Massachusetts 2006 Single-Family Home Sales Sink to Mid-'90s Levels While Median Sale Price Drops For First Time Since ... | | Posted Tuesday, January 23, 2007 3:11:25 PM by Blog57 Team | | The Massachusetts housing market continued to slump in December, capping off a sluggish year where single-family home sales hit their lowest level since 1995 and the median sale price dropped for the first time since 1993, according to a report released today by The Warren Group. For the year, single-family home sales dropped 14.4 percent, with 54,203 homes being sold compared to 63,350 in 2005. The figure is down 20 percent from the peak year period, in 2004, and is lower than any other year since 1995, when 51,032 homes were sold. The median sale price for a single-family home dropped to $325,000 in 2006, down 5.8 percent from $345,000 in 2005. The 5.8 percent drop was the first since 1993 and the biggest since 1990, when prices fell by 5.9 percent. The annual median sale price for single-family homes had risen 12 straight years, from 1994 through 2005, after falling five straight years from 1989 through 1993.... | |
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| | | Computing capital gains on home sale | | Posted Tuesday, January 02, 2007 3:10:32 PM by Blog57 Team | | What's the best tax break available to Jane and John Q. Public? If they're homeowners, it's selling their house. Homeowners already know the many tax breaks that Uncle Sam offers, most notably mortgage interest and property tax deductions. Well, he also has good tax news for home sellers: Most of them won't owe the Internal Revenue Service a single dime. When you sell your primary residence, you can make up to $250,000 in profit if you're a single owner, twice that if you're married, and not owe any capital gains taxes. "Most people are not going to have a tax obligation unless their gain is huge," says Bob Trinz, a senior tax analyst at RIA, which provides tax information and software to tax professionals. Some sellers are surprised by this break, especially if they've been in their homes for a while.... | |
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| | | 5 home-sale negotiation tricks to anticipate | | Posted Monday, January 01, 2007 1:11:51 PM by Blog57 Team | | Whether you are a home buyer, seller or real estate agent, you can never learn too much about negotiation tactics. Sooner or later, some or all of these key tricks will be used by your negotiation opponent. Even the best negotiators admit there is always more to learn. Having been involved in real estate sales, purchases and brokerage more than 40 years, I admit to having been the victim of too many shrewd negotiators. However, I always learned from the experiences and vowed never again to let someone get the best of me in a negotiation. Purchase Bob Bruss reports online. Frankly, many real estate negotiators are not aware when they are using a negotiation strategy. Instead, they are just doing what comes naturally to them. But savvy real estate negotiators recognize key strategies and anticipate how to avoid becoming a victim.... | |
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| | | Existing home sale prices remain steady in Wisconsin | | Posted Monday, November 27, 2006 1:18:47 PM by Blog57 Team | | UNDATED Prices of existing homes for sale remain steady in Wisconsin, despite a national decline. The Wisconsin Realtors Association says the median resale home price is 166-thousand dollars in the third quarter. That's unchanged from a year ago. Prices nationally declined about one percent to nearly 225-thousand dollars. The number of homes sold in Wisconsin during the quarter dropped seven and a-half percent to about 29 and a-half thousand. Across the U-S, that decline was nearly 13 percent. Marquette University economist David Clark says Wisconsin fared better than the nation because buyers may be more cautious. Clark expects Wisconsin housing prices to begin climbing again next year, maybe two to four percent. ___ Information from: Milwaukee Journal Sentinel, http://www.jsonline.com Copyright 2006 Associated Press.... | |
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| | | Spears places Malibu home up for sale | | Posted Tuesday, November 14, 2006 11:12:20 PM by Blog57 Team | | Newly-single star Britney Spears has reportedly placed her Malibu, California mansion up for sale after filing for divorce from husband Kevin Federline. Spears stunned her aspiring rapper spouse on Tuesday when she filed legal papers seeking the dissolution of their two-year marriage and sole custody of their two sons Sean Preston, 14 months; and Jayden James, two months. Federline was unemployed when Spears paid GBP3.8 million for the eight-bedroom home following their October 2004 wedding. The lavish abode includes an outdoor kitchen, spa, gym, tennis courts, GBP83,000 nursery and a recording studio. The New York Post reports Spears is asking GBP7.5 million for the mansion. Email Story Send Story via IM Blog via Y! 360 Print .... | |
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| | | Old Woodlawn WXIX building on sale block | | Posted Monday, November 13, 2006 11:12:37 PM by Blog57 Team | | A chapter in local broadcasting history could end with the sale of the former Woodlawn home of WXIX, Fox 19. On the market for $1.2 million, the 20,000-square-foot studio and production office space on Taconic Terrace housed 1970s Channel 19 personalities such as the Cool Ghoul and Hattie the Witch. .... | |
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| | | Spring tickets on sale Dec. 2 | | Posted Sunday, November 12, 2006 7:16:51 PM by Blog57 Team | | Tickets will go on sale Dec. 2 for the Red Sox' 17 spring training games at City of Palms Park in Fort Myers, Fla., which underwent improvements since the team went north last March. Ticket prices for Grapefruit League games remain unchanged for the third year, ranging from $10 (standing room) to $44 (home plate box). Tickets will be sold starting at 10 a.m. at the City of Palms Park box office, www.redsox.com, or by calling (617) 482-4SOX (4769). The park will now feature a right field deck, located directly behind the outfield fence, which will include approximately 150 barstool-type seats and a drink rail. Additionally, there will be a new outside suite for approximately 20 people located adjacent to the right field foul pole available on a per-game basis. The Red Sox, who moved to Fort Myers in 1993, sold out every Grapefruit League game last spring.... | |
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| | | Henderson Land Seeks Up to $815 Million in Share Sale (Update2) | | Posted Saturday, November 11, 2006 3:31:59 PM by Blog57 Team | | Nov. 10 (Bloomberg) -- Henderson Land Development Co., the Hong Kong's third-largest home builder, is seeking as much as HK$6.3 billion ($815 million) from a share sale as it seeks to reduce its reliance on its home market. Henderson Land will sell 128 million new shares at HK$43.05 to HK$43.75 apiece to institutional investors today, according to a document sent to fund managers by the sale's arranger Morgan Stanley, a copy of which was given to Bloomberg News. The document didn't say how the money would be used. Henderson Land is planning to spend at least $3.85 billion buying land in China to reduce its reliance on Hong Kong, Cheung Fong Ming, an executive director of Henderson (China) Investment Co., said in June. The company's shares reached a six-month high on Nov.... | |
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