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You can defer paying taxes on realized gains on the sale of investment property by utilizing IRS code 1031 (common known as a 1031 like-kind exchange).
New Jersey outpaced the rest of the US in housing market price growth rising almost 6% in February compared to the US national average home price growth of only 0.5%.
Be careful when you make offers to purchase bank-owned property, also known as REOs because there is no previous owner compelled to disclose problems like a leaky roof or oil tank. You must do your own homework which includes a property inspection--the bank will only give you clear title to the property.
Demand for downtown apartment properties has fully rebounded as investors are rushing in to buy in the biggest U.S. cities.
The average number of days on market required to sell a home gives you a good indication of the strength of that local real estate market--a higher average number of days on market usually suggests a weaker market, a lower average number of days on market implies a stronger local real estate market.
The median credit score of US borrowers approved for mortgages reached 786 in Q4 2020 up from 770 during the same period in 2019.
