Michael Peron's (michaelperon) Blog

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RECENT BLOG POSTS
Fees can eat away at your money if you don’t keep on top of your banks enforced regulations. U.S. consumers paid $15 billion in overdraft fees in 2016, according to the Consumer Financial Protection Bureau. Here are a few bank fees you can look out for:Overdraft FeesThese are often charged in res...
11/20/2022
Keeping track of every single dollar you spend can be difficult, no matter how closely you track your spending and monitor your bank accounts. Automatic payments from your checking account to pay for a gym membership, for example, can be forgotten and leave a checkbook unbalanced.But besides acco...
11/20/2022
Pembroke Pines Florida Market Statistics for October 2022. Here is the Active link for all single-family homes for sale --> ActiveHomesActive price ranges with the most popular home price range for Pembroke Pines FloridaBelow is the Months of supply of homes for Pembroke Pines FloridaThe average ...
11/15/2022
3 Graphs To Show This Isn’t a Housing Bubble With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what...
10/26/2022
A Window of Opportunity for Homebuyers Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But...
10/26/2022
Homeownership Is Full of Financial Benefits A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respo...
10/26/2022
Rising mortgage rates are causing some would-be buyers to pause their decisions until they determine whether rates are going to come back down.  While it may be possible, the probability is that prices are going to continue to increase.On December 23, 2021, the 30-year fixed-rate, according to Fr...
10/25/2022
The limit for tax free gifts for 2022 is $16,000 and no tax is due to the donor or the donee.  There are provisions that would allow gifts higher than this amount providing the total lifetime gifts above the annual exclusion of $12.06 million for 2022 has not be met.The donor and done can be sepa...
10/25/2022
Housing Affordability is negatively affected by both rising home prices and mortgage rates.  A 20% increase in nominal home prices and a 2% increase in the 30-year fixed rate mortgage since January have contributed to a 46 point drop in the NAR Housing Affordability Index.The Index was 143 in Jun...
10/25/2022
Married couples who own a home as joint tenants with rights of survivorship, the surviving spouse inherits the home, along with their basis, and it does not trigger a taxable event.  Unfortunately, the capital gain exclusion is reduced to a single person's share unless the survivor disposes of th...
10/25/2022
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Michael Peron

Michael Peron, Dave Florida Real Estate
local_phone(954) 779-6106
smartphone(754) 204-0069
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