Home sales volume and price peaks
By Bradley Markano • Jan 19th, 2012 • Category: ChartsThis article looks at home sales volume through and beyond the current recovery.
This article looks at home sales volume through and beyond the current recovery.
The Internal Revenue Service (IRS) has clarified that some homeowners who receive financial assistance from the federal government under the Home Affordable Modification Project (HAMP) will not be required to pay taxes on that support. Specifically, funds received from the U.S. Treasury Department’s Housing Finance Agency (HFA) Innovative Fund for the Hardest-Hit Housing Markets (The [...]
A look at the legislation affecting real estate enacted during the 2009-2010 Legislative Session. For an archive of Legislative Watch years, click here.
Homeowners who lost homes in foreclosure or sold property in a short-sale in 2009 will incur an unexpected state tax on any discount or underbid of a recourse mortgage loan. California, unlike the IRS, currently considers forgiven mortgage debt on recourse loans to be income subject to state taxes. This extra “income” for the homeowner [...]
Charts with up-to-date information and predictions about the course of the California real estate market.
A look at the legislation affecting real estate enacted during the 2009-2010 Legislative Session. For an archive of Legislative Watch years, click here.
This article explores the failure of Congress to grant bankruptcy courts the authority to save homeowners from foreclosure.
Real estate related issues pending before the United States and California Supreme Courts.
This article analyzes the due diligence investigations by a mortgage loan broker (MLB) into a trust deed note available for purchase by his trust deed investor.
California’s supply of previously-owned single family residences (SFRs) sank to a five-year low of 3.8 months in January 2010, down from 5.8 months a year ago. When compared to the January 2008 supply of 16.6 months, this particular statistic points to a California real estate recovery. Or does it? The “months of supply” is merely [...]