Asid Idris's (asididris) Blog

The inventory of existing homes for sale in 29 major markets covered by ZipRealty declined an average of 2.5 percent in January 2009, compared to December 2008 and down 13 percent compared to January 2008. This is a good sign, especially when considering that typically inventories rise in January...

In the last decade, there have been hundreds of communities in every state that have seen significant growth in new homes. Many of them are outside the urban core and often far from established centers of employment. Will the current economic slowdown put an end to these communities? "The boomtow...

In the last decade, there have been hundreds of communities in every state that have seen significant growth in new homes. Many of them are outside the urban core and often far from established centers of employment. Will the current economic slowdown put an end to these communities? "The boomtow...

As the President of the National Association of Realtors, I have heard from many members and clients about how frozen markets are affecting our businesses. Your elected leadership and the NAR staff have been working day in and day out with the new Congress and administration to ensure that your ...

As the President of the National Association of Realtors, I have heard from many members and clients about how frozen markets are affecting our businesses. Your elected leadership and the NAR staff have been working day in and day out with the new Congress and administration to ensure that your ...

The tax deductions you’re eligible to take for mortgage interest and property taxes greatly increase the financial benefits of homeownership. Here’s how it works. Assume: $9,877 = Mortgage interest paid (a loan of $150,000 for 30 years, at 7 percent, using year-five interest) $2,700 = Property t...

Buying a home should be fun, not stressful. As you look for your dream home, keep in mind these tips for making the process as peaceful as possible. 1. Find a real estate agent who you connect with. Home buying is not only a big financial commitment, but also an emotional one. It’s critical that...

1. Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, as well as some of the costs involved in buying your home. 2. Appreciation. Real estate has long-term, stable growth in value. While year-to-year fluctuations are normal, median existing-...

Not all real estate practitioners are REALTORS®. The term REALTOR® is a registered trademark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS® and subscribes to its strict Code of Ethics. Here are five reasons why it pays to work with a REALTOR®....

1. They don’t ask enough questions of their lender and end up missing out on the best deal. 2. They don’t act quickly enough to make a decision and someone else buys the house. 3. They don’t find the right agent who’s willing to help them through the homebuying process. 4. They don’t do enough to...