Jul 28th 2010 3:17PM
A tough real estate market coupled with a tough job market means more people need to sell their homes at a price they may not want to take for a job that they need to take. This new reality complicates the sell-a-house/buy-a-new-house paradigm that has been the norm for relocated employees. Sellers are weighing their... Continue Reading »
Jun 25th 2010 2:22PM
Chris and Stephanie Wendell spent three months looking for a home in Rockville, Md. before they made a house offer. When they saw a three-bedroom, two-and-a-half bath townhome in Regent Square, they thought they'd found "the one." "We pulled into the parking lot and saw a really massive oak tree near the house. I said to... Continue Reading »
Jun 7th 2010 5:30PM
The Internal Revenue Service wants to crack down on the billions of dollars in entrance fees held by retirement communities. In one case, Classic Residence by Hyatt, a for-profit community, might have to pay taxes on those entrance fees. In another, Mission Ridge, a not-for-profit community, might have to pay tax penalties... Continue Reading »
Mar 11th 2010 2:30PM
As the recession rages on, states and municipalities from Pennsylvania to Chicago to New Jersey to Hawaii are raising property taxes. The number one reason for these new tax hikes? Ailing school budgets. Obviously, good schools equal higher property values. But if they also equal higher property taxes, are they worth... Continue Reading »
