The Tax Benefits of Buying a Condo for For Your Child’ College Housing

 Tax Tips The Tax Benefits of Buying a Condo for For Your Child’s College Housing With real estate prices recovering in many markets, it might make sense to buy a condo where your child can live during college. He or she can live there while attending school, and you can avoid “throwing away” money on dormContinue reading “The Tax Benefits of Buying a Condo for For Your Child’ College Housing”

In the last decade, a surge in home prices has built considerable wealth for the middle class.

Carmen Reinicke@CSREINICKE Total housing wealth grew by $8.2 trillion between 2010 and 2020, according to a March report from the National Association of Realtors. The coronavirus pandemic’s housing boom added even more value to homes. But unless people plan to sell their houses — which can be a difficult feat in a hot housing market — thereContinue reading “In the last decade, a surge in home prices has built considerable wealth for the middle class.”

REAL ESTATE

Housing wealth gains a record $1.2 trillion, but there are signs the market is cooling PUBLISHED MON, JUN 6 20223:03 PM EDTUPDATED MON, JUN 6 20224:24 PM EDT Diana Olick@IN/DIANAOLICK@DIANAOLICKCNBC@DIANAOLICK The amount of money mortgage holders could pull out of their homes while still keeping a 20% equity cushion rose by an unprecedented $1.2 trillion inContinue reading REAL ESTATE

The ‘Catch-22’ That Holds HBCUs Back From Being A CRE Feeder System

NationalEmployerAugust 30, 2021 Matthew Rothstein, Jarred Schenke, and Bianca Barragan The commercial real estate industry is aware of its lack of racial diversity, and many of its biggest companies say they are working to grow the pipeline of people of color into the business. But one oft-cited source of potential employees doesn’t have the infrastructure to support that pipeline at present —Continue reading “The ‘Catch-22’ That Holds HBCUs Back From Being A CRE Feeder System”

How Should Partners Buy Real Estate

Food for Thought I own a home with my ex-husband. He agreed to pay my half of the mortgage. In the final judgment, the judge said I should “keep” the property we owned in Fla., and my ex should “keep” the Tampa home. He ultimately short sold the Tampa property without my signature or approval,Continue reading “How Should Partners Buy Real Estate”

The Importance of Understanding Interest

The Importance of Understanding Interest It’s one thing to know what interest is. It’s another to truly understand how interest works. Understanding interest is so important because it can have a considerable impact on your entire financial picture. The most important thing to know about interest is that not all types are created equal. The way youContinue reading “The Importance of Understanding Interest”

Should a House Be in an Irrevocable Trust?

A home can go into an irrevocable trust. But giving up control over a primary residence is not something most owners want to do. The owner lets go of the “incidents of ownership” and the house goes under a separate tax ID, with taxes filed by a trustee. The owner might continue living in the home, butContinue reading “Should a House Be in an Irrevocable Trust?”

The Abstract of Title in Real Estate: What Is It?

DEED.COM An abstract of title is a written chronology of all recorded documents and proceedings related to a specific piece of real estate. It shows the names of all the owners, how long each held title, and what each paid for the property. The abstract is used for verifying a property’s marketability. The abstract offers assurance that the property isContinue reading “The Abstract of Title in Real Estate: What Is It?”

These Eye-Catching Bricks Are Made from Textile Waste

Fab BRICK upcycles clothes into bricks that are great thermal, acoustic insulators. By Katherine MartinkoPublished March 5, 2021 01:44PM ESTFact checked by Haley Mast Clarisse Merlet was a French architecture student in 2017 when she became alarmed about the amount of textile waste created each year. In France, it’s estimated to be around 4 million tons, andContinue reading “These Eye-Catching Bricks Are Made from Textile Waste”

Homebuilder confidence drops as interest rates and lumber prices rise

A contractor works on a house under construction at the Norton Commons subdivision in Louisville, Kentucky, U.S., on Monday, March 8, 2021.Luke Sharrett | Bloomberg | Getty Images A monthly index measuring homebuilder confidence in the single-family housing market fell, as builders face rising interest rates and rising costs for materials, especially lumber. The NationalContinue reading “Homebuilder confidence drops as interest rates and lumber prices rise”