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It has come to my attention that many folks are not aware of Biden’s tax proposals. Being an unconventional gal, and an economist, I tend to focus on the economic side of issues. Hence my focus on taxes for the election – especially given the state of the economy. Not to mention the proposal's will significantly impact the real estate market.
Please know I am not a Trump fan by any means – this is not written to support him whatsoever – this is simply to disseminate and digest Biden’s position as his proposals will be the largest tax hikes in U.S. history.
Below is an outline of the major components:
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THE 16 INCREDIBLY USEFUL RULES EVERY ORGANIZED HOUSE FOLLOWS
Excerpt from an article by: Amy Howell Hirt
Today I thought I’d share some clean-up ideas, as we are all still stuck at home and finally looking to do the in-house tasks that aren’t fun…
Here are Amy’s rules:
#1 Dedicate 20 Minutes a Day Every Day
You don’t need to set aside 20 hours one day to get things in order. You only need 20 minutes every day.
Focus on tackling clutter in just one room. You might only pare down a single drawer or shelf, but “it will make you feel accomplished at the end of the day, and at the end of a week, you will see how much you can declutter,” says professional organizer Helena Alkhas.
#2 Follow a "One-Minute" Rule
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Reasons to feel comfort in the real estate market during these troubling times:
There’s a stark difference between pre-crash (2007) and today. Normal appreciation is around 3.6%, so while current appreciation is higher, 4.7%, than the long-run historic norm, it’s certainly not accelerating beyond control as it did in the early 2000s (which was in the low teens in the years prior to the crash).
The months’ supply of inventory needed to sustain a normal real estate market is approximately six months. More than that leads to price depreciation. Less than that is a shortage which leads to appreciation. Pre-crash, 2007, saw too many homes for sale – roughly 8.2 months of…
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This week I sat down with Realtor and colleague Tom Abrams to discuss things you can do to prepare for selling your home.
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Welcome to our weekly Home Construction & Real Estate Show!
This week we are talking about new construction versus resale.
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