Entries by David & Devon Viehman

NAR Annual Survey Reveals Notable Decline in First-time Buyers

NAR Annual Survey Reveals Notable Decline in First-time Buyers Media Contact: Adam DeSanctis / 202-383-1178 / Email WASHINGTON (November 3, 2014) – Despite an improving job market and low interest rates, the share of first-time buyers fell to its lowest point in nearly three decades and is preventing a healthier housing market from reaching its […]

US Tax Court Ruling Could Save Real Estate Trusts Millions

US Tax Court Ruling Could Save Real Estate Trusts Millions According to an article on real-estate resource Inman News, the U.S. Tax Court recently overturned the IRS by ruling that a trust can qualify as a real estate professional, a decision that confers attractive tax benefits on trusts with significant real estate holdings. Now, qualifying […]

Fixed Mortgage Rates Remain at Six-Month Low

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates easing slightly for the third consecutive week to remain at a six-month low. “Mortgage rates were little changed amid a week of light economic reports” says Frank Nothaft, vice president and chief economist, Freddie Mac.  “These lower […]

Wyoming Ranks as Most Tax-Friendly State for Retirees in the Lower 48

Kiplinger August 2013 Just as you shouldn’t let tax considerations drive your investment decisions, you shouldn’t move to a state just because its taxes are low. But if you’re considering several retirement destinations, taxes should certainly be a factor because they can have a significant impact on the amount of income you’ll have to spend […]