Home Prices at June 2004 Levels, 16% Below the Peak

The Federal Housing Finance Agency (FHFA) has released its House Price Index (HPI) for August which shows a 0.7 percent increase in prices compared to July. For the 12 months ending in August, U.S. prices rose 4.7 percent. July figures were revised downward in the report from a 0.2 percent increase to 0.1. Home prices nationally […]

10 IRS Tax Rules Every Real Estate Agent Should Know

Real estate can be a tricky business, especially when it comes to taxes and following tax law. Of course, those problems can be avoided if you have a basic understanding of the tax code and how it relates to real estate. Issues can especially arise for people contemplating to sell their home. The gains from […]