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Economists at Fannie Mae project national home prices to decline by 1.5% and home sales by 21% in 2023 as Fed continues inflation fight In their most pessimistic forecast of the year to date, economists at Fannie Mae say they now expect national home prices to decline by 1.5 percent […]
After a loved one passes away, the person in charge of settling the deceased’s estate is responsible for filing a final individual income tax return and the estate tax return when due. According to the IRS, you will need to file Form 56, Notice Concerning Fiduciary Relationship, to notify the agency of a fiduciary […]
Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if you’re thinking about listing your house, you probably want to know: what does being […]
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Home Sales About To Surge? We May See a Winter Like Never Before. Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are […]
After Forbearance – Now What?Covid-19 has impacted homeowners across the country. With job losses and income reductions, manyhave taken advantage of the ability to enter a forbearance program with their lenders. During theforbearance program, the agreements state that no late fees will be assessed, and the balance ofmissed payments will […]