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homes monopoly

Clearing Up The Confusion: Deducting Mortgage and Home Equity Interest In 2018

You probably know that last December’s Tax Cuts and Jobs Act changed the rules for deducting mortgage and home equity interest. Now, the IRS has fine-tuned the new guidelines, clarifying that you are allowed to deduct home equity interest in some cases. Here’s a quick summary. As always, consult your tax advisor for details relating to your situation. […]

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new york uppe west side

New York Real Estate Isn’t Made Of Gold, After All

Attention, real estate tycoon-wanna-be’s. Hate to burst your bubble, but here’s some surprising news from Douglas Elliman Real Estate, the largest real estate brokerage firm in the New York area and the fourth largest residential real estate company nationwide. It seems that Manhattan homes actually proved to be poor investments during the past decade. Not […]

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The Kids Are Alright: Waves Of Millennials Buy Their First Homes

They’ve definitely moved out of the basement. U.S. homeownership rates rose last year for the first time in 13 years, driven by young buyers purchasing their first homes. All the hand-wringing about millennials living in the basement and never being able to buy their own home has proved to be unfounded. The largest demographic group […]

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Too Big? Too Small? How To Find The House That’s Just Right

In the market for a new home? How do you know what size home is right for you? Too small, and you have to worry about feeling cramped and out-growing your new digs too quickly. Too big, and you’ll be  paying for space you don’t need, not to mention feeling lost in a maze of […]

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Will The New Tax Bill Sabotage Northern Home Prices?

A quick read of the new tax bill shows that residents in high tax states like New York, New Jersey and California will lose out next year. Some of the new tax provisions may even prompt them to pack their bags and move elsewhere. Worse, those who stay behind may find their home values knocked down […]

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Irma Just A Bad Memory? Don’t Forget The Lessons Learned

Hurricane Irma seems like it was years ago, but take a moment to ask yourself if you’re ready for next year. Delray Beach insurance agent Mark Rindom and I spoke with journalist Kim Lankford of Kiplinger about flood insurance. Yes, we know it isn’t a sexy topic, and it’s the last thing on your mind […]

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What’s Happening To Retail? And Here’s How You Can Benefit

Retail stores are closing at a record rate, according to Fung Global Retail & Technology, a retail think tank. There have been 5,300 store closing announcements in just the first six months of the year, making it the second worst year on record. But contrary to what you might believe, there are still attractive investment […]

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What Climate Change Might Mean For Florida

Florida Trend magazine just took an interesting look at climate change and what it might mean for the state of Florida. Their research suggests that millennials living in Florida could see a dramatically different landscape by the time they reach retirement. “Fort Lauderdale indeed becomes America’s Venice, with water at residential doorsteps,” says the magazine. […]

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Fort Lauderdale Ranked Among Top U.S. Cities for Real Estate Investment

Fort Lauderdale was just ranked one of the nation’s top 10 cities for real estate investment, according to a high level report prepared by real estate experts at PwC and the Urban Land Institute. What puts it at the top? Economic growth, low taxes, and an enviable lifestyle, say community leaders. The report was highlighted […]

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Millennials: Looking For The Perfect Dog House

We’ve all heard how millennials are slow to buy homes, as they’re weighed down by student debt and more at ease renting or moving back home with mom and dad. Well, it looks like things are finally changing. The reason behind that change is a cold nose and a fluffy tail. One third of millennials […]

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