The 3.8% tax that is part of the healthcare reform bill is NOT a real estate transfer tax. Yes, it IS a tax. BUT it is NOT a transfer tax. What is it? According to the National Association of REALTORS(R) (NAR), it is "a 3.8 percent tax on investment income of upper-income households to help shore [...]
Voting in Maryland is a privilege that I hope all who qualify will take. I was lucky enough to be able to take advantage of early voting last week. If you weren't able, make sure to get out there today and VOTE! There are long lines in many locations, but I hope that doesn't deter anyone [...]
This Month in Real Estate November 2012 is out, and Jay Papasan has returned! Home sales activity remained a pace of 4.8 million, same as we saw in This Month in Real Estate October 2012. The median home price dropped $3,000 to $184,000. Freddie Mac reports that the average interest dropped to 3.37%, a remarkable [...]
We fall back on November 4, 2012 at 2:00am in 2012! Daylight Saving Time will come to an end and we will be back on Standard Time. This will mean it will be lighter earlier in the morning, but it also means that night will fall earlier as well. For example, sunset was at 6:05pm [...]