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We need your help this week to make an important phone call to your Senators. The Senate is poised to vote soon on the Tax Cuts and Jobs Act, tax reform legislation that not only threatens American homeownership by eliminating valuable deductions, but will also cost our children and grandchildren $1.5 trillion in new federal debt.

Our Senators are a critical voice on this issue, so we need your help to further urge them to oppose the Tax Cuts and Jobs Act!

 

CLICK HERE to access a new advocacy tool that will help you contact your Senator's office. 

As a REALTOR you have no doubt heard about tax reform plans from Washington, DC. Now Congress is threatening tax incentives for homeowners, like the mortgage interest deduction and the state and local property tax deduction. These incentives are critical for a strong housing market that creates jobs and builds stable communities. Do not let tax reform become a tax increase for middle class homeowners.

Take Action

As a REALTOR you have no doubt heard about tax reform plans from Washington, DC. Now Congress is threatening tax incentives for homeowners, like the mortgage interest deduction and the state and local property tax deduction. These incentives are critical for a strong housing market that creates jobs and builds stable communities.

Take action to tell Congress to reform our tax code AND protect middle class homeowners.

Click to sign.

Does anyone who is not from the other side of the galaxy really need to ask, “What is a bedroom?” Actually, yes. Welcome to the nuances of real estate speak, where not everything is as it seems.

There are, in fact, a number of details that make a room a “bedroom"—and both home buyers and sellers had best know them to avoid misunderstandings.

"Since a home and/or bedroom can go through many incarnations over its life, sellers should be familiar with what makes a bedroom a legal bedroom prior to listing their home, to ensure there are no issues holding up the sale when a buyer has been secured,” says Carl Ekroth of Douglas Elliman in New York City.

 

Read more here.

Becoming a homeowner is still the American Dream for many people. You apply for a 15- or 30-year mortgage and add as many home upgrades and improvements as possible. In addition to hoping it’s a seller’s market when you put the ‘for sale’ in your lawn, those home improvements determine how much profit you stand to make from your investment.

One of the best investments you can make is fireplace installation, according to a recent study from Angie’s List. The company surveyed 100 real estate agents on home values in relation to fireplaces and 2,000 homeowners/home buyers and found that fireplaces are a pretty hot commodity.

The majority of potential homeowners in the market today see fireplaces as an asset. They top so many home buyers’ must-have lists and are in such demand, in fact, that fireplaces increase over 76% of homes’ value anywhere from $1,000 to $4,999. The study has one caveat—electric fireplace inserts aren’t nearly as desirable as wood-burning or gas-burning fireplaces.

 

Read more here.