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5 Important Tips To Save Money On Your Tax Bill

April 15th seems a long way off, but it will be here before you know it. Now is the perfect time to start getting your paperwork in order. Owning real estate can make a big difference on your tax return, so make sure that you're taking advantage of all the deductions you're entitled to. We've outlined a few below: Mortgage Interest Unless you paid cash for your purchase, you probably took out a loan to buy your Solana Beach home. Mortgage interest is one of the best tax deductions available, so be sure to hang on to that 1098 Mortgage…
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Existing Home Sales Rise As Home Inventory Shrinks

Home sales rose for the 11th consecutive month according to the National Association of REALTORS® Existing Home Sales Report for January. This is the first time this has occurred since the period between July of 2005 and May of 2006. National Average Home Price Up Over 12% Annually The national average home price in January was $173,600, which is 12.3 percent higher than for January 2012.  Calculated on a seasonally-adjusted annual basis, Existing Home Sales data is compiled using completed sales of single family homes, condominium units and co-ops. January's existing home sales rose by 0.4 percent to 4.92 million…
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Is Downsizing The Next Big Trend In Homes?

The real estate market has started to recover from the downturn over the last few years in many areas of the country, and more people are thinking about buying a new place to live. With this new energy in home buying, an interesting trend seems to be developing.   Instead of going for larger homes, which was an overwhelming trend in years past, many people are choosing micro-dwellings. What is a micro-dwelling? There are a number of different styles of micro dwellings being built.  This is a relatively new concept for homes in the United States and individual creativity abounds…
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Fed Considers Future of Quantitative Easing

The Federal Open Market Committee (FOMC) released minutes from its January meeting last Wednesday, as it generally does three weeks following the most recent meeting.   The FOMC is a committee within the Federal Reserve System tasked with overseeing the purchase and sale of US Treasury securities by the Fed. The Federal Reserve makes key decisions regarding interest rates and looks to this committee for advice on how and when to take action. The Future Of Quantitative Easing One of the main topices that Fed leaders discussed was the future of its ongoing program of quantitative easing (QE). Currently, the…
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