Author: Savannah Rollins
Looking ahead to 2025, it’s important to know what experts are projecting for the housing market. And whether you’re thinking of buying or selling a home next year, having a clear picture of what they’re calling for can help you make the best possible decision for your homeownership plans. Here’s an early look at the most recent projections on mortgage rates, home sales, and prices for 2025. Mortgage Rates Are Projected To Come Down Slightly Mortgage rates play a significant role in the housing market. The forecasts for 2025 from Fannie Mae, the Mortgage Bankers Association (MBA), the National Association…
The Harris campaign has mostly proposed increasing taxes on businesses and high-income earners. However, the campaign’s new policy document adds a few proposals to reduce taxes on businesses, including, notably, America Forward taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. credits. Directionally, the change is laudable. But drawing arbitrary lines around what investment is and is not eligible for better tax treatment is not a true solution for underinvestment. There are better, simpler alternatives for increasing business investment.…
Updated with bids on Tuesday to Friday, Oct. 8-11. The auction for Laguna Niguel’s iconic Ziggurat is now nine digits above the government’s original ask. The General Services Administration auction site shows two bids on Friday, Oct. 11, pushed the price to $172.8 million. That’s $102.8 million more than the $70 million that opened bidding on June 5 for the pyramid-shaped Chet Holifield Federal Building and surrounding land that is no longer needed by the federal government. Yes, the price has soared 147%, after 142 bids on 54 days. The auction has stretched over five months thanks to it’s “soft…
Are you on the fence about whether to sell your house now or hold off? It’s a common dilemma, but here’s a key point to consider: your lifestyle might be the biggest factor in your decision. While financial aspects are important, sometimes the personal motivations for moving are reason enough to make the leap sooner rather than later. An annual report from the National Association of Realtors (NAR) offers insight into why homeowners like you chose to sell. All of the top reasons are related to life changes. As the graph below highlights: As the visual shows, the biggest motivators…
Launch Interactive Tool Preface to the New Edition The study before you, which has been published as the State Business TaxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. Climate Index since 2003, has been rebranded as the State Tax Competitiveness Index to better reflect what it assesses: states’ overall tax competitiveness, not just the business tax climate. But this isn’t just an exercise in slapping a new title on the cover and calling it a day. Rather, we…
Santa Barbara, California – Published 5/11/2023 Commercial sales activity on the South Coast slowed during the first quarter of 2023, a trend consistent with the path the market was heading toward at the end of 2022. This is also becoming the norm for first-quarter statistics in recent years. However, even with a more volatile market, solid transactions still occurred as seen in the quarter earning 19 sales at a volume of $40.5 million, not including hospitality sales volume [according to data from Radius]. That said, these numbers are comparatively down from Q4 of 2022, with 24 sales at $110 million,…
If you’re wondering what’s going on with home prices lately, you’re definitely not the only one. With so much information out there, it can be hard to figure out your next move. As a buyer, you might be worried about paying more than you should. And if you’re thinking of selling, you might be concerned about not getting the price you’re aiming for. So, here’s a quick breakdown to help clear things up and show you what’s really happening with prices—whether you’re thinking about buying or selling. Home Price Growth Is Slowing, but Prices Aren’t Falling Nationally Throughout the country,…
The clear election victory for Republicans means they will retake the White House, Senate, and (by a slim margin) the House next year, putting them in the driver’s seat to determine the direction of taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. reform. Republicans are likely to use a process called budget reconciliation, which allows for budget legislation to be passed out of the House and Senate via a simple majority. Fiscal pressures are likely to weigh heavily…
If you’re considering buying or selling a home in the San Francisco Bay Area in 2025, now is the perfect time to get ahead of the game! According to the California Association of Realtors (C.A.R.), the 2025 housing market is shaping up to be a year of opportunity, with home sales and prices expected to rise. Whether you’re a buyer or a seller, engaging your Bay Area real estate agent early can give you a competitive edge. Here’s what the forecast for California residential real estate has in store: Sales are Set to Surge in 2025 C.A.R. predicts a 10.5%…
When you think of the Olympics, you probably think about the prestige of competing on the world stage. These athletes, having trained for most of their lives, get a chance to showcase their abilities to the world. For many, it is the apex of athletic achievement. As it turns out, in addition to fame, there’s a little fortune as well! But with all income, there are some tax considerations to keep in mind. While Olympic winnings are not always taxed, some Olympic athletes may still face a large tax bill. Whether you’re going to be competing or are just a…