Posts Tagged ‘Mortgage Interest Deduction’
Median prices up again for the 2nd straight month in November: Sales hit 17 months of increases
We hope you are having a nice holiday season! Today we released our November 2012 sales report. Single-family median prices went up for the 2nd straight month. Sales were up for the 17th straight month compared to the same time last year. Condo median prices and sales both continued their upward trend in November. (see graphs below – click on [...]
Mortgage Interest Deduction update: resolution introduced
Back in December we wrote a post titled "The housing market needs the mortgage interest deduction and you can help". The article’s intent was to let you know that a suggestion was made to modify or eventually repeal the mortgage interest deduction (MID), one of the most important tax incentives for home ownership for over 80 years, as a good way [...]
Sales down as median prices continued to go up in November
Today we issued our November 2010 housing numbers and for the 13th straight month median prices continued to go up. While prices were up, sales of both single-family homes and condominiums were down compared to the year before - for the 5th straight month. However, before I get to the numbers, I wanted to point out one factor to keep in mind [...]
The housing market needs the mortgage interest deduction – and you can help!
A couple of weeks ago, The National Commission on Fiscal Responsibility and Reform (a non-partisan group created by President Obama via executive order back in February 2010) released its report titled “The Moment of Truth” The goal of this report was to identify ways to improve the country’s fiscal situation. Unfortunately, one of the [...]
