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Monthly Archives: December 2016

  • Can 0.5% Really Equal 5%?

    Can 0.5% Really Equal 5%?

    Since the election, rates have started going up and it will have a direct effect on the cost of housing. There is a rule of thumb that a ½% change in interest is approximately equal to 5% change in price. As the interest rates go up, it will c...
    Written by InTouch
  • Time May Be Running Out

    Time May Be Running Out

    During the Great Recession, some homeowners elected to rent their home rather than sell it for less than it was worth. IRS tax code allows for a temporary rental of a principal residence without losing the exclusion of capital gain based on some specif...
    Written by InTouch

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