The Mortgage Interest Deduction’s Farewell Tour?

Mortgage Interest Deduction

In February of this year, President Obama established the National Commission on Fiscal Responsibility and Reform (www.fiscalcommission.gov). Their mission was to identify "policies to improve the fiscal situation in the medium term and to achieve fiscal sustainability over the long run." Their first task was to issue a report on recommendations to achieve their overall mission by December 1, … [Read more...]

Own Rental Property? The IRS is making you issue more 1099’s!

More and more paperwork for the IRS

On September 27, 2010, President Obama signed the Small Business Jobs Act into law. Overall, this is great news. It extends successful SBA recovery loan provisions, more than doubles the max loan size for the largest SBA programs, establishes a new $30 billion dollar small business lending fund, creates eight new small business tax cuts, and on and on and on. Download the summary or put … [Read more...]

Snowvember in Seattle – Freezing Cold Temperatures and SNOW!

Seattle Needle Snow

What’s with Seattle’s FREEZING Cold Temperatures and SNOW in November?  La Niña, Spanish for “the Girl” is behind Seattle’s out of the ordinary weather conditions. La Niña is an ocean-atmosphere phenomenon that is the counterpart of El Niño, meaning “the boy,” and part of the overall El Niño-Southern Oscillation climate pattern.  Scientists aren't exactly sure what causes the back and forth … [Read more...]

Operation Home Relief Campaign on FaceBook

Operation Home Relief Cause Campaign

One month ago, HouseLogic (the National Association of REALTORS®’s consumer website) and USA Cares (a non-profit, charitable organization) launched Operation Home Relief on Facebook, a cause campaign dedicated to helping militarily families in danger of loosing their homes to foreclosure. HouseLogic offers free information on their website about homeownership for homeowners as well as an online … [Read more...]

October Puget Sound Real Estate Statistics and Analysis

Running Pending Sales Graph

So How is the Market? A question I get all the time.  It's been a while since I did some in-depth analysis on how the market is, so let's take a look.  October's sales numbers are in from the NWMLS and there are some positives as well as negatives to take from it .  In the 4-County area of King, Snohomish, Pierce and Kitsap counties for single family and condo sales combined, pending sales hasn't … [Read more...]

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