President Biden has proposed an increase in long term capital gains from their current 15-20% to 43% for the wealthiest. This would be the highest tax paid on income. What is in the new proposal? What does this proposal mean…
For years Zillow has been buying houses, but they have refused to use the Zestimate as their purchase price. The cards have now turned with Zillow announcing that the “Zestimate” is now the price they will pay for your house.…
There is a tidal wave of distressed homeowners who will need help,” Dave Uejio, the CFPB’s acting director, said in a statement; companies “that are unable to adequately manage loss mitigation can expect the bureau to take enforcement or supervisory…
I am always amazed at how out of touch our elected officials are with what happens in the real world. The new tax plan circulating through Congress is no exception with the supposed target high net worth taxpayers,…
As a result of the current loose monetary policy and additional stimulus coming down the pipe, “imbalances” within the economy are starting to form. BofA predicts a 10% drop in stock prices. What are other experts saying on the stock…
I took this pic of a bear in my backyard staring at me while I was sitting on the porch, it was a good reminder…. 1.9 trillion is a huge number flowing through to the economy in one fell swoop. …
Within the new proposed Covid relief proposed by the president is a requirement that the minimum wage increase nationally to fifteen dollars an hour. What impact will this have on housing affordability? How will this increase in minimum wage affect…
Over 50% of workers are 100% remote with another 20% sometimes working remotely due to the pandemic. Will this trend reverse this year with the rollout of the vaccine? How will this impact real estate in the short term and…
The Coronavirus has impacted businesses throughout the economy and real estate is not immune from the radical changes caused by social distancing and lockdowns. How will the real estate industry adapt to the changes? What does this mean for the…
Happy new year to everyone. It is crazy that we are still talking about the election … it seems like it is never ending. Fortunately the Georgia senate runoffs were the last of this cycle. As Georgia flipped Democratic, treasury…
