Monthly Archives: February 2012

Warren Buffett Says He Would Buy a Couple Hundred Thousand Homes

Posted on February 29, 2012 by Gregory Kush

On February 28, 2012, in Breaking News, Economics, by Katherine Tarbox By Katherine Tarbox, Senior Editor, REALTOR® Magazine Warren Buffett, CEO of Berkshire Hathaway, said yesterday on CNBC’s “Squawk Box” that buying single-family homes is such a great investment right … Continue reading →

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Ponte Vedra Real Estate Market Update 2/26

Posted on February 26, 2012 by Gregory Kush

  In Ponte Vedra Beach 35 single-family homes went “Pending” during the past four weeks. Last year 31 houses went under contract during the same time span. The five year average for this four week interval is 26 contracts. A … Continue reading →

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Southeast Jacksonville Real Estate Market Update 2/26

Posted on February 26, 2012 by Gregory Kush

  In Southeast Jacksonville 53 single-family homes went “Pending” (with all contingencies removed) during the past four weeks. A year ago 53 houses also went under contract during the same time span. The five year average for this four week … Continue reading →

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Ponte Vedra Real Estate Market Update 2/19

Posted on February 19, 2012 by Gregory Kush

  In Ponte Vedra Beach 35 single-family homes went “Pending” during the past four weeks. Last year 33 houses went under contract during the same time span. The five year average for this four week interval is 27 contracts. A … Continue reading →

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Southeast Jacksonville Real Estate Market Update 2/19

Posted on February 19, 2012 by Gregory Kush

  In Southeast Jacksonville 48 single-family homes went “Pending” (with all contingencies removed) during the past four weeks. A year ago 53 houses went under contract during the same time span. The five year average for this four week interval … Continue reading →

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Facing capital gains on investment property? Here is one way to defer taxes.

Posted on February 14, 2012 by Gregory Kush

  WASHINGTON – Feb. 13, 2012 – “Taxation with representation ain’t so hot either.” – Gerald Barzan, humorist If you own investment property, and you sell it this year, you will have to pay 15 percent capital gains tax to … Continue reading →

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Southeast Jacksonville Real Estate Market Update 2/12

Posted on February 12, 2012 by Gregory Kush

  In Southeast Jacksonville 54 single-family homes went “Pending” (with all contingencies removed) during the past four weeks. A year ago 45 houses went under contract during the same time span. The five year average for this four week interval … Continue reading →

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Ponte Vedra Real Estate Market Update 2/11

Posted on February 12, 2012 by Gregory Kush

  In Ponte Vedra Beach 29 single-family homes went “Pending” during the past four weeks. Last year 31 houses went under contract during the same time span. The five year average for this four week interval is 25 contracts. A … Continue reading →

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Short sale sellers need to close in 2012

Posted on February 5, 2012 by Gregory Kush

  WASHINGTON – Feb. 3, 2012 – If a bank writes off debt in a short sale, it’s a “taxable event,” and the lender tells the Internal Revenue Service about the deal by submitting a “Form 1099-C, Cancellation of Debt” … Continue reading →

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Ponte Vedra Real Estate Market Update 2/4

Posted on February 5, 2012 by Gregory Kush

  The Ponte Vedra real estate market appears to have regained its footing following the holidays. Showing activity has renewed and new contracts are being written. And prices are beginning to show stabilization across all market segments. The cost per … Continue reading →

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