Buying a house can be quite a journey, filled with all sorts of obstacles and unpredictable twists and turns. From navigating fierce bidding wars to dealing with contingencies and complicated tax laws, there are many factors that are completely out of a buyer’s control. However, despite all the complexities and Continue Reading
The correlation between increasing property values and escalating taxes
Is your home worth more now than when you bought it? If so, congratulations! However, this increase in value could also mean higher costs for you as a homeowner. Property taxes, in particular, can be a burden when it comes to owning a home. And guess what? They might even Continue Reading
Effective Capital Gains Tax Planning Techniques for 2023
Smart and victorious investors are well aware that their hard-earned wealth is constantly under attack from two formidable foes: poor investment choices and the burden of capital gains taxes. Whether it’s making the wrong investment decisions or being hit with a hefty tax bill, these adversaries can wreak havoc on Continue Reading
China’s Economic Decline Attributed to Depreciating Housing Prices and Declining Exports: Kiplinger Economic Forecasts
China’s economy heavily relies on manufacturing and exports, but recent factors such as inflation and COVID restrictions have had an impact. To keep you informed about the current situation and future expectations, our experienced team at The Kiplinger Letter is here to provide you with the latest developments and forecasts. Continue Reading
AAA’s Addition to the List of Insurance Companies Limiting Coverage in Florida
AAA has announced that they will not be renewing certain auto and home insurance policies in Florida. This decision comes as a result of the state’s catastrophic natural disasters, which have caused unprecedented increases in reinsurance rates. AAA stated that the Florida market has been challenging in recent years, and Continue Reading
Home Purchasers Prepare for Elevated Interest Rates
The Federal Reserve has dealt a blow to homebuyers by announcing a 0.25% increase in the federal funds rate, a crucial rate for overnight bank lending. Although the Fed rate does not directly affect mortgage rates, they are influenced by similar market factors. Lenders consider inflation, job growth, and the Continue Reading
Decline in Mortgage Applications Found in Latest MBA Weekly Survey
The U.S. housing market is experiencing a familiar trend as mortgage applications face a decline. The primary reasons behind this drop are the soaring home prices and robust interest rates. According to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 21, 2023, the Market Composite Continue Reading
Achieve Your Down Payment Goal with the Rocket Signature Credit Card by Tapping
As of July 26, 2023, let’s take a look at the rewards that have been checked. We’ve got the scoop on the latest and greatest rewards that are available right now. Whether you’re into travel, shopping, dining, or just want to treat yourself, we’ve got something for everyone. So sit Continue Reading
High-Income Individuals are Relocating from the Northeast to the South
Recent studies indicate that a growing number of wealthy individuals are leaving their cities in the post-pandemic era, driven largely by high taxes and soaring living costs. According to a report from SmartAsset, Florida and Texas are particularly popular destinations for these individuals. While this trend may appear new, Bob Continue Reading
Join the Crowd When Moving to Florida or Arizona
Are you considering relocating to Florida or other Sun Belt states that are frequently affected by flooding, wildfires, or intense heat? Don’t worry, you’re not the only one. A recent study conducted by Redfin, a technology-driven real estate brokerage, reveals that many Americans are gravitating towards the counties that are Continue Reading