While there are excellent land values all across the country, here are a few places that are worth taking special note of because of the magnificent values that can be at each.
1. Flagler County, Fla.
Where: Between Daytona Beach and St. Augustine
Why it’s hot: Beaches to the east, lakes to the west
Where to [...]
Now that we’ve discussed the outlook on the housing market landscape for first-time buyers, and discovered where the best housing markets are, we can explore how to get the most bang for the buck, so to speak.
First-time home buyers should be excited about the amazing values that are available right now. So let’s talk about THE BEST places to start your search.
Where are the Best Land Values?
All of the best bargains were found in Louisiana and Texas with Dallas being the most undervalued big city, by 30%, according to CNNMoney.com.
But the [...]
The Dallas-Fort Worth area came off best in the latest forecast of future home values. North Texas metro areas were ranked as the least likely in the country to experience a sustained home-price decline in mortgage insurance giant PMI Group’s newest report.
As we continue our series about the housing market from a Generation Y perspective, we’ll continue to explore the challenges facing first-time home buyers, and the Opportunities.
In this financial environment of seemingly no winners, there is in fact one group of buyers that have an advantage: First-time homebuyers.
Yesterday, I discussed a few of the tax benefits land ownership provides people as it relates to IRA Roth accounts. If you’re a homeowner, you understand the taxes you pay aren’t cheap. BUT there are other tax benefits to being a homeowner that help offset the taxes.
Here are the BIG 3 homeowner tax breaks:
1) The [...]
Another reason to invest in land now is to take advantage of the current 15% capital gains rate. Or consider a 1031 tax-free exchange of property.
There are still many opportunities in today’s land market for the savy investor to make money. Timberland seems to be one of the safest investments that one could make in terms of holding on to purchasing power.