Real Estate Marketing Specialists

Real Estate News of the Week – Dec. 20th Edition

Real Estate News of the Week – Dec. 20th Edition

The Best of the Week

Real Estate News of the Week – Dec. 20th Edition:

  • Merry Christmas for Short Sellers and Homeowners with MIP

The Real Estate news during the week included some good happenings for those who have or are facing a possible short sale. The Senate passed some bills that extended some tax breaks that were due to expire. President Underwater MortgageObama is expected to sign the bill into law, enabling the tax breaks retroactively through Dec. 31, 2014.

Read an explanation of the Mortgage Forgiveness Debt Relief on Inman News

Distressed homeowners who have been forgiven the mortgage debt are still protected from paying taxes on that amount.

Also: Homeowners can continue to deduct mortgage insurance premiums.

  • New Technologies for Homeowners:

This article by Placester was written for real estate agents,  10 Smart Home Products Real Estate Agents Should Know…so now that we know…we think homeowners will love these products, from smart thermostats, moisture sensors, and several home automation tools, home technologies are making our lives easier.

“70% of Consumers want to be able to use mobile devices to control one or more aspects of their homes. – Lowe’s Study”

  • Home Sales in 2014

As the end of 2014 approaches, we’re seeing more year-end reviews of real estate. Here is an interesting infographic from Keeping Current Matters, showing the increase in home sales as homes get more expensive:

Home sales 2014

This is a complete turn-around from last year, where we saw luxury home prices still soft.

Economic News

Best of the Best: 

Hershey Is Making A Chocolate 3D Printer! 

Related to Real Estate? Not at all. However, Hershey Park Chocolate Factory is 84 miles from Frederick Maryland, 1 hour 31 minutes…

Who wants to come with?!

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Related Reading:

Smarter But Better Homes are the Trend

Tax Breaks for Maryland Homeowners

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Real Estate News of the Week - Dec. 20th Edition
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Real Estate News of the Week - Dec. 20th Edition
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Merry Christmas for Short Sellers and Homeowners with MIP, The Real Estate news during the week included some good happenings for those who have or are facing a possible short sale.
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