rwkarp

We Have Closed

Thank you to all of our clients for the trust you put in Karp Properties to handle your real estate needs.  As of 12/15/15 we are no longer in business.

Foreclosures Increase in Northeast & West Coast

Foreclosures of all types were filed on 109,824 residential properties in May, a 5% decrease from the previous month and a 26% decrease from May 2013, which brought it to the lowest monthly level since the early days of the housing bubble and crash in December 2006.

30 Year Mortgage Rate New Low for 2014

Daily Real Estate News | Friday, May 09, 2014 The 30-year fixed-rate mortgage averaged 4.21 percent this week, the lowest since November 2013, Freddie Mac reports in its weekly mortgage market survey. “Mortgage rates continued moving down following the decline in 10-year Treasury yields after a dismal report on real GDP growth in the first…

Housing Wire

3 major things you need to know about the 2014 housing marketMarch 17, 2014 David Berson The following list was put together by a veteran housing economist, asked by HousingWire for his opinion on the near-term future of the markets we cover daily. Here’s David Berson’s take on the 3 things you need to know about housing…

Rent or Buy – Which is Better for You?

March 18, 2014 – Buying a home or renting – which one makes more sense for you financially? There are many considerations.  Remember there is more to it that just finances, but your financial health certainly is an important component of any consideration.  Now there is a clever interactive tool to help you make the…

Road Rage in Real Estate?

Disputes over $150 ceiling fans, curtains, or a dusty chandelier may seem trivial when negotiating a home sale, but some real estate professionals say such squabbles have actually cost them deals.

5 Inspection Problems Buyers Shouldn’t Ignore

Home buyers need to be extra vigilant about inspections in the early stages of a purchase because if problems are discovered too late in the process, it can “dash home owners’ dreams and budgets,” writes Yahoo! Finance in a recent article.

Home Office Deduction? – It Just Got Easier

Claiming home office deductions can be intimidating, but many eligible business owners are leaving money on the table out of doubt and fear of auditing, says tax consultant Margaret Munro. To simplify the process, the IRS has announced a new safe harbor provision for taking home office deductions for the 2013 tax year.

Features Buyers Want in a Home

When it comes to certain interior features, many are willing to spend thousands of dollars above the price of the home to have them included. At least 60% of buyers said they would be willing to pay more for central air conditioning, new kitchen appliances and a walk-in closet in the master bedroom if they did not already have these features.