Home
Date

No pro-ration if spouse doesn't meet home occupancy test

By Robert Bruss, Thursday, December 22, 2005.

DEAR BOB: Regarding the capital gain $250,000 exclusion on the sale of a primary residence under Internal Revenue Code 121, I am aware there is a partial exclusion if the seller doesn't quite meet the 24-month occupancy test. However, I have owned and lived in my home for several years, but my spouse has only lived here one year. Is his exclusion pro-rated? – Mary DiG.

DEAR MARY: No.  more...

Can hot tub land homeowner in hot water?

By Robert Griswold, Thursday, December 22, 2005.

Question: I have a home that I am going to rent out that has a hot tub spa in the back yard. I can see how this will be a great feature for my renter, but I am concerned about safety for tenants with children. Also, I am worried about my liability for any other health problems that may arise from the tenant's use of the spa. What is my responsibility to a tenant regarding the use of this amenity? I appreciate any advice you may give me.  more...

Colonia Real Estate AG buys 365 apartments in Germany

By Inman News, Thursday, December 22, 2005.

Colonia Real Estate AG acquired an apartment portfolio of 356 apartments in Bremen, Germany, from a municipal housing society, the company said today.

 

 more...

Real estate investment trust buys 13 Southern California properties

By Inman News, Thursday, December 22, 2005.

Trizec Properties is acquiring a Southern California portfolio made up of 13 properties, totaling 4.1 mission square feet, as well as several development land parcels for $1.63 billion from Arden Realty.

 

 more...

Inland Real Estate buys 9 Kroger-anchored shopping centers

By Inman News, Thursday, December 22, 2005.

Inland Real Estate Acquisitions has negotiated and closed on the purchase of a portfolio of nine Kroger-anchored shopping centers for about $79.9 million in a joint venture including one of the Inland real estate investment trusts.

  more...

MLS ballot initiative is 'ill-conceived,' says Realtor lawyer Premium Content

By Glenn Roberts Jr., Thursday, December 22, 2005.

The proponent of an effort to establish a statewide database for property listings in California said today that the planned system could be modeled after the successful privatization of a Web site registration service.

David Barry, a San Francisco lawyer who has aggravated real estate industry groups for filing a steady stream of antitrust lawsuits that span several decades, is behind this effort to establish a comprehensive property listings database that consumers can access free of  more...

Del Mar Database launches InTrac Premium Content

By Inman News, Thursday, December 22, 2005.

Del Mar Database on Wednesday released InTrac, technology that helps small and medium-sized mortgage lenders reduce operating costs by consolidating vendors and systems.

 more...

'Soft landing' runs its course in California real estate market

By Inman News, Thursday, December 22, 2005.

The median price of an existing home in California in November increased 16.2 percent and sales decreased 11.2 percent compared with the same period a year ago, the California Association of Realtors trade group reported today.

 

"The California housing market continues  more...

Fannie Mae: Home sales to slow in 2006

By Inman News, Thursday, December 22, 2005.

Home sales in the U.S.  more...

Lost ABN AMRO data has been recovered Premium Content

By Inman News, Thursday, December 22, 2005.

ABN AMRO Mortgage Group said Wednesday that a computer tape containing data of approximately 2 million residential mortgage customers that was lost in transit has been recovered.

 

 more...

Canadian real estate sales remain on record pace Premium Content

By Inman News, Thursday, December 22, 2005.

The Canadian Real Estate Association reported today that national existing home sales via the association's national multiple listing service in November rose to the fourth-highest seasonally adjusted monthly level on record.

 

And sales activity remains on track to set a new annual record in 2005, the association reported.  more...

Wealthy Americans confident that real estate will hold its value Premium Content

By Inman News, Thursday, December 22, 2005.

Almost two-thirds of wealthy Americans expect to see double-digit increases in the value of their primary homes over the next five years, with about one-third of them anticipating the value to rise 20 percent or more, according to a survey released this week by The PNC Financial Services Group.

  more...

Lawyer pursues real estate ballot initiative Premium Content

By Inman News, Thursday, December 22, 2005.

David Barry, a San Francisco lawyer specializing in antitrust lawsuits against real estate industry groups, has filed a ballot initiative with the California Attorney General's Office that seeks to establish a statewide residential multiple listing service that is "open to the public and realty agents alike," according to an announcement this week.

  more...

Weichert Real Estate network expands in Northeast

By Inman News, Thursday, December 22, 2005.

Weichert Real Estate Affiliates Inc., the franchise arm of Weichert, Realtors, this week announced the addition of several affiliates in New York and Massachusetts.

 

Since launching its first affiliate in January 2002, the Weichert franchise organization h  more...

Survey: 85% oppose mortgage interest deduction elimination

By Inman News, Thursday, December 22, 2005.

Eighty-five percent of U.S.  more...

12next ›last »