Luxury Housing Market Beginning to Surge Sales of homes over $1 million in the country increased 44.1% over the same period last year, says the Wall Street Journal. One reason is financing in the jumbo mortgage market is becoming more readily available, good news in our DC market, where even modest homes can exceed $1 million. Sales of … Continue reading Luxury Housing Market Beginning to Surge
Month: October 2013
The 3.8% Tax: What’s True, What’s Not
The 3.8% Tax: What's True, What's Not Ever since health care reform was enacted into law more than two years ago, rumors about the 3.8% Medicare tax continue to circulate. The tax doesn't target real estate and will in fact affect very few home sales. Here's the definitive word on what's true and what's not … Continue reading The 3.8% Tax: What’s True, What’s Not
Your luxury Real Estate Specialist 