Posted

3 Lesser-Known Tax Breaks Homeowners Miss Did you know most homeowners can write off all mortgage interest up to $1.1 million for primary and secondary residences, as well as property taxes? Credits for property taxes and other tax breaks are also offered to in 21 states and the District of Columbia. But mortgage interest and property taxes are not the only tax savings homeowners can enjoy. Look to see if you qualify for other deductions, including:

Posted

Builder Confidence Holds Firm in January By Robert Dietz Builder confidence in the market for newly-built single-family homes held steady at 60 in January from a downwardly revised December reading of 60, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The January HMI reading is in line with NAHB’s forecast of modest growth for housing. NAHB expects growth in 2016 for the single-family, multifamily, and remodeling sectors of the residential construction industry as continued job growth supports demand for housing.

Posted

Home Starts Up 10.8 Percent in 2015 Total housing starts were up in 2015, weighing in at 1.11 million—that's 10.8 percent higher than 2014. This information is based on the Census Bureau's recent December 2015 data release, which allows us to look at 2015's starts as a whole. Despite December being slightly down-- 2.5 percent to 1.15 million—the yearly status overall was positive. “Starts were expected to increase in December because of the unseasonably warm weather, but instead they declined,” says realtor.com® Chief Economist Jonathan Smoke. “However, the monthly change was not statistically significant – the monthly data was too thin and noisy to give a clear reading. Even the year-over-year change in the December reading was not statistically significant. Starts were up 11 percent in 2015, and up in all regions but the Midwest, but single-family starts were up in all regions. Single-family construction finally grew at a double digit pace, nearly matching multi-family.”

Posted

Events In Fort Lauderdale | Recovering After The Festivities Yeah yeah, 2016 is upon us. New Year's Resolutions and all that other palava. If you are like me, the December festivities have taken their toll on me. I want to relax, not go near a mall or shopping center and stay clear away from chocolates, cakes, wines and well, you know. I have decided that the events in Fort Lauderdale I attend will be all about well-being and frankly all about me. Living in Fort Lauderdale getting back on track from the holiday festivities is quite easy (big sigh of relief). Having said that, I have decided to use the offerings on Groupon this month and really pack my month with well deserved luxuries.