Why you should buy Real Estate now!

FOR ALL THOSE WHO BOUGHT AT THE TOP OF THE MARKET IN 2006 HERE IS YOUR CHANCE TO REDEEM YOUR SELVES! Buy Soon! Do not wait for the rest of the world to totally catch on before you decide to make a move in Real Estate!

THE NATIONAL ASSOCIATION OF REALTORS (NAR) REPORTED THE NATIONAL MEDIAN EXISTING HOME PRICE INCREASING AT AN ANNUAL RATE OF 12.2% IN THE 2ND QUARTER, FROM $181,300 TO $203,500. THAT'S THE BIGGEST YEARLY PRICE BOOST SINCE 4^th quarter OF 2005.

Sales up 12.3% annually in the 2^nd quarter as compared a year ago. The 5.06 million annual rates for the quarter were the highest reached since 2007.

Housing prices went up 1.9% in June, gaining for the 16th month in a row. For the year, they had home prices increasing 11.9%, trending at the fastest upward pace since 1977. Finally, it was reported that Fannie Mae posted a $10.1 billion profit in the second 1/4, almost double the same profit of a year ago. They will now pay a $10.2 billion dividend to the Treasury, which owns $117.1 billion of the company's senior preferred stock.

Economic Calendar for the Week of Aug 12 – Aug 16

Date	Time (ET)	Release	For	Consensus	Prior	Impact
M Aug 12	14:00	Federal Budget	Jul	–$96.0B	–$69.6B	Moderate
Tu Aug 13	08:30	Retail Sales	Jul	0.2%	0.4%	HIGH
Tu Aug 13	10:00	Business Inventories	Jun	0.1%	0.1%	Moderate
W Aug 14	08:30	Producer Price Index (PPI)	Jul	0.3%	0.8%	Moderate
W Aug 14	08:30	Core PPI	Jul	0.2%	0.2%	Moderate
W Aug 14	10:30	Crude Inventories	8/10	NA	–1.320M	Moderate
Th Aug 15	08:30	Initial Unemployment Claims	8/10	339K	333K	Moderate
Th Aug 15	08:30	Continuing Unemployment Claims	8/3	3.000M	3.018M	Moderate
Th Aug 15	08:30	Consumer Price Index (CPI)	Jul	0.2%	0.5%	HIGH
Th Aug 15	08:30	Core CPI	Jul	0.2%	0.2%	HIGH
Th Aug 15	08:30	NY Empire Manufacturing Index	Aug	6.0	9.46	Moderate
Th Aug 15	09:15	Industrial Production	Jul	0.4%	0.3%	Moderate
Th Aug 15	09:15	Capacity Utilization	Jul	78.0%	77.8%	Moderate
Th Aug 15	10:00	Philadelphia Fed Index	Aug	10.0	19.8	HIGH
F Aug 16	08:30	Housing Starts	Jul	895K	836K	Moderate
F Aug 16	08:30	Building Permits	Jul	934K	911K	Moderate
F Aug 16	08:30	Productivity – Prelim.	Q2	0.0%	0.5%	Moderate
F Aug 16	09:55	Univ. of Michigan Consumer Sentiment	Aug	85.1	85.1	Moderate

UFC 227 play-by-play and live results #UFC #MMA #UFC227

LOS ANGELES – MMAjunkie is on scene and reporting live from today’s UFC 227 event, and you can join us for live play-by-play and official results beginning at 6:30 p.m. ET (3:30 p.m. PT). The event takes place at Staples Center in Los Angeles. The main card airs on pay-per-view following preliminary-card bouts on FX and UFC Fight Pass. In the main event, bantamweight champion T.J. Dillashaw (15-3 MMA, 11-3 UFC) rematches former champ and ex-teammate Cody Garbrandt (11-1 MMA, 6-1 UFC) for the title. In the co-feature, flyweight champion Demetrious Johnson (27-2-1 MMA, 15-1-1 UFC) has a rematch with Olympic gold medalist and former title challenger Henry Cejudo (12-2 MMA, 6-2 UFC). Follow along with our round-by-round updates and official results beginning at approximately 6:30 p.m. ET for the UFC Fight Pass prelims, 8 p.m. ET for the prelims on FX, and 10 p.m. ET for the main card on pay-per-view. To discuss the show, be sure to check out our UFC 227 discussion thread...

First-Time Home Buyer Mortgage Risk Edge Up Team Thayer Real Estate news.

The first-time buyer share in April, May, and June was launched to new highs, supported by improvements in the labor market, riskier mortgage lending, and continuing low mortgage rates. The American Enterprise Institute (AEI) International Center on Housing Risk recently released a report , finding that first-time buyers account for 58.8 percent of primary owner-occupied home purchase mortgages with a government guarantee, up from 57.2 percent the prior June, according to the Agency First-Time Buyer Mortgage Share Index (FBMSI). The Combined FBMSI, which measures the share of first-time buyers for both government-guaranteed and private-sector mortgages reached an estimated 52.9 percent, up from 51.6 percent the prior June, according to the report. In addition, AEI determined that the Agency First-Time Buyer Mortgage Risk Index (FBMRI) stood at a series record of 15.83 percent, and increase of half of a percentage point from the average over the prio...

Understanding the tax advantages and disadvantages of homeownership #realestate #taxadvantage #taxes #housing #market

It’s no secret that some of the major perks of homeownership are the tax write-offs and advantages that follow the purchase. In fact, according to a 2015 survey by the National Association of Realtors, 80% of homebuyers see homeownership as a good investment, and 43% think it’s better than investing in the stock market. Reaping the rewards of mortgage interest and property tax deductions is just one way to think of your home as an investment. But there are even more real estate–related tax advantages and disadvantages that can slip under a new homeowner’s radar. It can be relatively easy to trigger tax liabilities or perks (and then fail to claim them) on that new piece of Eugene, Or, real estate . This is why it’s essential to touch base with your tax pro before every real estate transaction, no matter how minor a question you may have. Sometimes planning and timing make a major difference in the financial impact of a real estate–related tax; other times, ...

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