Property & Real Estate

Question by : Is it racism at work when real estate values go down when blacks move in? In my life I’ve seen many neighborhoods which turned from White to black where the real estate prices fell through the floor. Conversely, more recently, I’ve seen black neighborhoods which were gentrified by incoming White where the real estate prices went through the roof. Can anyone give me a reason why this happens? Best answer: Answer by AverageJoehttp://minnesota.cbslocal.com/2012/03/31/mpls-police-ponder-8-p-m-curfew-after-youth-mob-attacks/ What do you think? Answer…. Click here to Read More

Question by : How do I find a good real estate agent for vacant lots? Hello, I have several (around 100) vacant lots I inherited from my family and I have been warned to be careful about finding a good real estate agent. The lots are in Southern Texas in a very small town, and I live in Central Texas. Not sure what people might recommend as far finding a good real estate agent or what some good companies or websites might be. There are no buildings on these lots, but they all are in a small town. Thanks Best answer: Answer by Leisure launchI would say use as many agents as possible, to market each piece of land. In other words, sign up the prperties you wish to sell with a number of agents, from the most well known to the…. Click here to Read More

Question by prettylady: How much do real estate agents make a year when just starting off? I live in Philadelphia, Pa and just started taking real estate courses and would like to know what they make a year on average? Best answer: Answer by PIE R SQUAREDBe prepared to make VERY LITTLE for the first year. Give your answer to this question…. Click here to Read More

Question by John U: What percentage of real estate taxes should be deducted on Schedule A? “A vacation home is rented out for 10 days during the year and used personally by the owner for 20 days during the year. What percentage of real estate taxes should be deducted on Schedule A?” Wouldn’t it just be 100%? Best answer: Answer by bostonianinmoSince it was rented out for less than 14 days or 10% of the time that it was owned during the year, whichever is less, 100% of the real estate taxes go on Schedule A. Add your own answer in the…. Click here to Read More

Question by buf: How is the real-estate market affected by the recent turn of events? Is this a good / bad time to buy a house? I know the prices are still dropping slowly, but how does the fall of Lehman Brothers, buyout of Merrill Lynch, direction in which AIG is headed affect the real estate market? Will it crash? We are still getting great deals on houses, but is there a possibility that suddenly the housing prices fall by 30% say if another large bank declares bankruptcy? Best answer: Answer by bbly2000The answer depends on where you are looking to some degree, but I believe that as a whole there is still a ways to go before we hit bottom. The latest events on Wall Street will make it harder for people to borrow money, which…. Click here to Read More