Expiring Home Owner Tax Credits

stefanlevine Real Estate Leave a Comment

From Sam Marchal, important facts-Stefan   YEAR END TAX SERIES: CREDITS AND DEDUCTIONS FOR HOMEOWNERS SET TO EXPIRE First in a series of special year-end tax tips for homeowners.The end of the year will put an end to some great tax benefits for homeowners, including: A tax credit for installing energy efficiency upgrades. The deduction for mortgage insurance (MI) payments. A …

Higher Mortgage Rates Lead to Fewer Contracts

stefanlevine Real Estate Leave a Comment

The cost of money is a big factor in the marketplace-Stefan   Signed Contracts to buy US Homes Plunge in Sept. By CHRISTOPHER S. RUGABER The Associated Press WASHINGTON — The number of Americans who signed contracts to buy existing homes fell in September to the lowest level in nine months, reflecting higher mortgage rates and home prices that have …

Tony Luke’s comes to Gardens!

stefanlevine Uncategorized 2 Comments

Chicken cutlet Italiano is a must!!- Stefan   Tony Luke’s cuts the cheesesteak at Gardens mall by Emily Roach If you make it to the grand opening of Tony Luke’s Friday, you could nosh on the 6-foot cheesesteak “ribbon.” The sandwich shop is opening it’s first Florida location at The Gardens Mall, 3101 PGA Blvd., Palm Beach Gardens. Cheesesteak cutting will be between …

New Project Tagets Paddle Boards and Kayaks

stefanlevine Uncategorized Leave a Comment

Moving sand and earth can have unintended concequenses-Stefan   Moving an Island: Major Project Under Way in Jupiter Fullerton Island restoration to wrap up in 2014  Posted: 10/18/2013 By: Dan Corcoran By: Johann Hoffend JUPITER, Fla. – A mega-move is under way along the Intracoastal waterway in Palm Beach County. Crews have been working for weeks to relocate part of …

Home Price Jump Doesn’t Solve All Issues

stefanlevine Real Estate Leave a Comment

Sales are increasing but hurdles still exist-Stefan   South Florida Home Prices Jump 13.7 in July By Paul Owers, Sun Sentinel5:00 p.m. EDT, September 24, 2013 South Florida home prices rose 13.7 percent in July compared with a year earlier, although the pace slowed from the previous month, according to a national housing report released Tuesday. Prices for single-family homes in Palm Beach, …

Ups and Downs in Boom and Bust Markets

stefanlevine Real Estate Leave a Comment

    Not a Florida article but germane to this market- Stefan Home Sales, Prices Slowing in Bust-and-Boom Markets NICK TIMIRAOS The sharp home-price rally in some of the hardest-hit housing markets is likely to fade in the coming months amid a pullback in investor purchases and steady increases in the number of homes listed for sale. Three markets in …

Foreclosures Down Nationally

stefanlevine Real Estate , Uncategorized Leave a Comment

-Still Issues in Florida but reductions in foreclosures is a great indicator for our market-Stefan   Fewer US homes entered foreclosure track in third quarter Published: Thursday, 10 Oct 2013 | 6:57 AM ET Kirby Hamilton | E+ | Getty Images The number of U.S. homes set on the path to foreclosure slid to a seven-year low in the third …