House Prices, Real House Prices and Price-to-Rent Ratio – By Bill McBride

There is a clear seasonal pattern for house prices, and earlier this year I predicted that the Case-Shiller indexes would turn negative month-to-month in October 2012 on a Not Seasonally Adjusted (NSA) basis.  That is the normal seasonal pattern. Also I expected smaller month-to-month declines this winter than for the same months last year. Sure enough,…

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Resident Manager Laws For 2013 – By Dale Alberstone, Esq.

Hello everybody.  As you may suspect, litigation continues to be filed in record numbers by resident managers against apartment owners and management companies for  violations of wage and residency laws. The amounts managers demand are staggering. For example, in a matter I recently handled for a client, the former resident manager was demanding payment from…

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An Exit Strategy That Defers Tax Liability and Increases Cash Flow – by Anne Baber, Investment Real Estate Broker

The sky is falling, the sky is falling………..(Chicken Little, the main character in a children’s fable) There are several Western versions of the Chicken Little folktale, of which the best known concerns a chick that believes the sky is falling when an acorn falls on his head. The chick decides to tell the King and…

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