Local Real Estate Market Reports

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Real Estate Agent - John L. Scott
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ARCHIVED BLOG POSTS

2009 

  The 1031/Starker Exchange is one way to avoid or defer capital gains on property. But the IRS also recognizes the "Reverse-1031." We believe the Reverse-1031 can become more attractive in this real estate market, particularly if you suspect the valuation outlook for your next property...
10/30/2009
Most people assume that an IRA is synonymous with stocks and mutual funds. Not true. When Congress set up the IRA tax deferral concept, they deliberately left it wide open for us to invest our IRA's in many kinds of assets other than stocks. But most stock brokers sure don't tell you abo...
10/28/2009
How can you draw value from your home to pay critical expenses without selling? The rising press coverage and skyrocketing use of government-led reverse mortgages might seem at first to offer a solution for you or your parents. Yes, but a furry rattlesnake could feel cuddly at first, too. A reve...
10/28/2009
There is no "the" market. Pick your stats to match your fancy. Nationally, things are looking up (on the surface), in general, with some key exceptions. Locally, things are staying strong (on the surface), with some key exceptions.Nationally, Consumer Confidence is up, mortgage rates a...
10/25/2009
There is no "the" market. Pick your stats to match your fancy. Nationally, things are looking up (on the surface), in general, with some key exceptions. Locally, things are staying strong (on the surface), with some key exceptions.Nationally, Consumer Confidence is up, mortgage rates ar...
10/25/2009
Every home buyer should require a prepurchase home inspection. But you should also know what common risks and hazards are not included in standard inspections. This is one of the most under-rated and mis-handled steps in home buying.Our standard home buying Purchase Agreement contract offers a cl...
10/25/2009
We believe more strongly today that, on top of what's already happened, a perfect storm may be brewing in our local housing market. This is due to evidence of colliding structural forces.Prices are way down nationally, steady locally. But the number of newly listed homes continues to plummet,...
10/25/2009
Rainmaker
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Lee R. Alley

Senior Advisory Broker
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