by Emello Pagani | Apr 7, 2021 | Covid-19, Market Updates, Taxes
KEY POINTS Based on calculation from Realtor.com, there were 207,000 fewer homes for sale in February than a year earlier. Core Logic states the prices in January were up almost 10% year over year. Lowest supply of home on Record in Spring 2021. Severe weather,...
by Emello Pagani | Apr 7, 2021 | Closing Cost, Home Buying, Interest Rates, Mortgage Rates, Taxes
The answer to whether closing costs are tax-deductible — is often the most frustrating one- “It depends.” Basically, you’ll want to itemize if you have deductions totaling more than the standard deduction, which for 2021 is $12,550 for a single person and $25,100 for...