If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging. When housing inventory is as low as it is right now, it can feel like a bit of an uphill battle to find the perfect home for you because there just isn’t that much to choose from. If you need to open up your pool of options, it may be time to consider a newly built home. According to the latest data from the U.S. Census, there’s positive news when it comes to new home construction. … [Read more...]
Why a 1031 Exchange is a Wealth Building Tool!
Why a 1031 Exchange is a Wealth Building Tool! From Your Friends at Northwest Atlanta Properties Top 9 Reasons to 1031 Exchange *Consult your tax professional for your personal situation Consider two investments. Each was purchased for $200,000, held for 28 years and is fully depreciated. Each property is worth $800,000 today. Each net $3000 a month after taxes, management fees and insurance. Property #1 Owner decides to sell and pays the federal capital gains tax of 15% and is in a … [Read more...]
Reasons To Sell Your House Today
How Homeowners Win When They Downsize
Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. U.S. News explains: “Downsizing is somewhat common among older people and retirees who no longer have children living at home. But these days, younger people are also looking to … [Read more...]
Buyer Activity Is Up Despite Higher Mortgage Rates
If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed. Data from the latest ShowingTime Showing Index, which is a measure of buyers actively touring homes, helps paint the picture of how much buyer demand has increased in recent months (see graph below): As the graph shows, the first two months of 2023 saw a noticeable increase in … [Read more...]
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