The California Association of Realtors has collected enough signatures to get Proposition 5 onto the November 2018 General Election Ballot. This could help a lot of home owners who are looking to move within the State of California! Take a look at the main points of the initiative: Remove the “moving penalty” for seniors 55 and older, the disabled, victims of natural disasters, and those whose homes are located on contaminated property, allowing them to carry their current Pr

I extracted some highlights of a new tax bill that the House passed on Thursday. It's called the Tax and Jobs Act. This summary came from Realtor Magazine and represents the National Association of Realtors perspective on the bill. They are concerned that this bill could reduce property values and significantly impact middle income households...... Eliminates or curtails most itemized deductions, except those for mortgage interest and charitable contributions. The MID would b

Here is some great real estate tax information from Realtor Magazine..... New Jersey continues to lead the nation with the highest annual real estate taxes in the country. The state’s residents pay an average of $8,374 a year, which is about $7,000 more than Alabama residents—who pay the lowest property taxes in the country. The findings from the 2016 American Community Survey were detailed on the National Association of Home Builders’ Eye on Housing blog. Northeastern states