April Real Estate in the News
Lesli Koontz
Real Estate Advisor I Compass I DRE 02073736 I Helping Clients Achieve Their Real Estate Goals in the Los Angeles South Bay by Listening Attentively to Their Desired Outcome I Home Buyers I Home Sellers I Investors
Housing Inventory Recovery Continues At A Breakneck Speed, Giving Buyers More Choices
"In a market with conditions that don’t particularly favor buyers or sellers, both will likely have to make compromises to make a deal happen. As mortgage rates continue to fluctuate and increase the cost of buying a home, it’s important for sellers to price their home appropriately to attract buyers in the market. For buyers, it’s critical they make the best offer they can on a home that fits their needs and budget." Courtesy of Forbes
What You Need To Know About Taxes If You Sold Your Home In 2022 — Or Plan To Sell In 2023
t has been a wild ride for buyers and sellers in the US housing market over the past year. The year-over-year growth rate for home prices reached 20.1% in April 2022— the highest level in more than two decades. But rates fell after that, dropping to just 8.6% by November.
What does that mean? Homeowners may be grappling with gains and losses on sales, and that can translate to confusion at tax time. Here's what you need to know. Click here for full article.