CategoryTaxes

Our Big, Beautiful Housing Market

OBBB Raises The SALT Deduction To $40,000, Reducing Cost Of Homeownership The $750 Cap On Mortgage Interest Deductions Is Made Permanent For 1st/2nd Loans Those Who Put Less Than 20% Down Can Deduct Mortgage Insurance The federal government's One Big Beautiful Bill (OBBB) became law on July 4th, resulting in the most significant transfer of wealth from lower and middleincome Americans to the...

It’s A Perfect Storm When PITI Becomes PITIHOA

It's Not Just Principal/Interest. All Homeownership Costs Are Rising. Mortgage Rates Are Not Expect To Fall Much, If Any, In 2025. With Migration Surging Into FloodProne Locations, Obtaining Insurance Becomes Key Issue. I hope all my Housing Note readers are enjoying the holidays with family and friends. I'm visiting my wife's family in the empty Macadam parking lots of strip malls in the din of...

Sun Belt State Housing Market Property Taxes Heat Up

Redfin Report Shows Higher Property Tax Gains In Sunbelt States Texas And Florida Lead The Pack For States With Largest Gains The Extension Of The SALT Tax Is A Big Economic Unknown Along with higher mortgage rates and rising insurance costs, property taxes are surging. The Sun Belt is experiencing growing pains reflected in higher costs that came from extra support services needed during the...