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economics

Can We Save Social Security? Bipartisan Proposals You Should Know

Social Security Deficit chart

I've blogged plenty on how the Federal budget deficits will keep interest rates higher, but we're also hitting a wall with the aging population and a Social Security deficit. The longer the powers that be in Washington delay making changes, the more radical the adjustments will have to ... » Learn More about Can We Save Social Security? Bipartisan Proposals You Should Know

Filed Under: Regulations and Laws Tagged With: economics, Social Security deficits

Weighing the Options: Is Paying More on Your Mortgage Right for You?

When to Consider Paying Off Your Mortgage img sm

When mortgage rates were forced artificially low during the COVID period, I had to have serious conversations with clients on if they should pull extra cash out with a refinance if they’ll have an economic need for that money in the future. This was because they weren’t going to be awarded that low ... » Learn More about Weighing the Options: Is Paying More on Your Mortgage Right for You?

Filed Under: Mortgage Rates, Regulations and Laws Tagged With: Applying more towards mortgage payment, economics, mortgage rates, Paying off debt, Paying off mortgage, refinance, Reverse Mortgage

California Q1 2024 Housing Affordability Index

California-Affordability-Stats-Q1-2024

If you are in the Los Angeles area, and have any questions or real estate sales or financing needs, feel free to contact me Ron Henderson GRI, SRES, SFR, RECS, CIAS, CREN, GREENPresident/BrokerMulti Real Estate Services, Inc.Gov’t Affairs Chair – California Association of Mortgage Professionals ... » Learn More about California Q1 2024 Housing Affordability Index

Filed Under: Market Updates Tagged With: California Real Estate market, economics, housing affordability

Your Tax Benefits; Understanding How Revocable and Irrevocable Trusts Impact 1031 Exchanges

tax upside the head

The main difference between a revocable trust and an irrevocable trust is the degree of control that the person creating the trust (the "grantor") has over the assets in the trust. A revocable trust, also known as a living trust, is a trust that can be modified, amended, or terminated by the grantor ... » Learn More about Your Tax Benefits; Understanding How Revocable and Irrevocable Trusts Impact 1031 Exchanges

Filed Under: Regulations and Laws Tagged With: 1301 Exchange, economics, Stepped Up Tax Basis, Trusts

Change in Home Value After 10 Years

Change Home Values 10 years

Talk about a winning record! Buying a home and holding it for 10 years has earned a profit every year except one since 1942. Just look at those returns, too! Housing builds significant, long-term wealth. Ron Henderson GRI, SRES, SFR, RECS, CIAS, GREENPresident/BrokerMulti Real Estate Services, ... » Learn More about Change in Home Value After 10 Years

Filed Under: Market Updates Tagged With: economics, first time buyers, housing affordability, San Fernando Valley Real Estate Market

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