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Doing a Short Sale in 2016? You’re in luck.

Congress has JUST passed tax incentives for individuals extended through 2016 that includes: Sec. 108(a)(1)(E), which excludes from gross income discharge of qualified principal residence indebtedness income.” In other words, if you are doing a short sale, subject to the regulations of the law, you will not have to pay income […]

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Summerlin 89138 Zip Market Report for November 2015

CLICK HERE FOR THE FULL REPORT Real Estate Reports by John Brassner http://johnbrassner.rereport.com/market_reports?searchtype=search&locations=3015&cities=15200&area=113&proptype=1&period=1&yearmonth=2015-10#st_refDomain=&st_refQuery=89138 Stats At A Glance : Year-Over-Year Median home prices fell by 3.6% year-over-year to $317,250 from $329,000. The average home sales price dropped by 9.1% year-over-year to $350,167 from $385,244. Home sales fell by 6.7% year-over-year to […]

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