Here in the Triangle area of North Carolina, we are far from the ocean and safe from the storm surge that causes so much devastation at the coast during a hurricane. But we can still expect high winds, heavy
Getting Ready For A Hurricane
Here is what you need to earn to buy the median priced home in Chapel Hill, Cary, Durham, Raleigh, and Pittsboro,NC
CNBC just analyzed the housing markets in 15 cities to determine what you need to earn in order to be able to afford the median home. I think it is fascinating to look at the range of home affordability across
Worker Shortage Is Hurting The Triangle’s Hot Housing Market
The current political climate is hurting our hot housing market. How? A significant proportion of workers in housing construction – one in four – are without proper documentation, and they are scared stiff. The local home builder’s association has asked
The HELOC Interest Deduction Is Dead
With the implementation of the new tax code, 2018 is the last year you can take a deduction for interest paid on your HELOC or HELOAN. People have traditionally tapped into home equity to pay for renovations, tuition, pay off
The New Tax Code – 6 Things To Know
Your income taxes will be affected by tax reform, and if you’re planning to buy a home this year, you should know how the new tax law has changed the rules of homeownership. Yes, you still need to find the
2018 Is A Hot Year To Sell. So How Do You Buy A Home?
Inventory shortages are driving the housing market, making it a great year to sell a home, but a challenging one if you are a buyer. So just how do you make a winning offer? First off, you need to be
Tax Reform & Your Decision To Buy A Home
The two most impactful tax-code changes are the decreased mortgage interest deduction and the state and local tax (SALT) deduction cap. The mortgage interest deduction is now capped at $750,000 – formerly limited to $1 million. But who has a
Mortgage Broker or Mortgage Banker ?
Most borrowers focus on their mortgage rate and loan terms and never consider the type of lender they will choose. Read on to find out why that could be a mistake. Once upon a time you would obtain your home
Rates Continue To Rise
Rates are currently at a 2-year high, due to a number of factors – including the anticipation of higher inflation due to federal tax cuts which will increase consumer spending, as well as increased spending on infrastructure. The Fed raises
Don’t Make This 401-K Mistake
I call it free money, and you’d be surprised at the number of people who don’t take advantage of this employee benefit. They say you should “pay yourself first” and I think that means you should be maxing out your