Buy & Sell
Is it Time for You to Sell Your Vacation Home?
New York Listings: Co-op at 834 Fifth Avenue Now Most Expensive Listing for $120M
Angie Harmon Net Worth: ‘Rizzoli & Isles’ Actress Lists Brentwood Home for Rent
EDITOR'S PICKS
-
Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
-
Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
-
How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
-
What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
Spring home buying season has already begun and the majority of listings are already gone from the market as soon as they are posted. While such is the case, other listings still appear to take a longer time sitting in the market than others do. Why is your house not selling on the market? Prices of New Homes Drop to Attract First-Time Buyers
First-time buyers are faced with a tough challenge of securing a home for themselves in this busy spring home buying season. While the inventory of existing homes for sale in the market is at its lowest, the good news is that new homes are made more affordable to attract first-time buyers. Beyonce's Manager Jim Sabey Sells Tribeca Apartment
Jim Sabey's apartment is currently on sale at $3.5 million. Beyonce's manager Jim Sabey is currently selling his Tribeca apartment for $3. 5 million. Celebrity Homes for Rent: Versace's Former Upper East Side Mansion Listed for $120K Per Month
The Upper East Side townhouse owned by the late fashion designer Gianni Versace is now available for rent for $120,000 a month. Celebrity Homes for Rent: Vanessa Carlton Lists Soho Loft for $17.5K Per Month
Singer and songwriter Vanessa Carlton's Soho apartment is available for rent for $17,500 per month. Celebrity Homes for Sale: Nick and Vanessa Lachey Sell Encino Home for $3.9M
Former 98 Degrees member Nick Lachey and his wife Vanessa Minnillo Lachey have listed their Encino California home for $3.995 million. Home Selling Tips: How to Let Go of Your ‘Stale’ Property
If your current listing is going "stale," doing nothing about it will simply make it stay on the market for a longer time. Home Buying Tips for Spring: How to Win the Bid War
Here are some tips on how to win the bid war and get that house you want for your family. Planning on buying a home this spring? If you are, you must be prepared for some competition. Loophole Provides Savings for Wealthy Property Buyers
The current tax imposable on transfers on real property is pegged at one percent for the first $200,000. The rate increases to two percent when the property is worth $2 million and anything over that is taxed at three percent. Many first time buyers are exempt from this tax. With this tax alone, a projected $1.5 billion in revenues are expected to be collected between 2015 and 2016 alone. Hot Summer Good for Real Estate Purchases
There are many reasons why spring is busy for real estate. One of the reasons is that homes look better during spring. This causes listings to expand and increase available inventory. Alongside this is the increase of potential buyers interested in purchasing a home at this period. With these two factors, home prices naturally would increase as demand increases.
