Residence Archives
Who is buying land now? – Baby Boomers (Part 2)
Part of the process of finding the right kind of land for sale is finding the right location. Current trends indicate that Baby Boomers are choosing to buy land that is off the beaten path.
Who is buying land now? – Baby Boomers (Part 1)
For the next few posts, we’ll discuss who is buying land these days. The first group we’ll focus on is the Baby Boomers, or as they should perhaps be called, the “Land Boomers”.
Who is buying land now? – Younger Couples
This group (of younger couples) is crunching the numbers and making hard decisions about their personal finances. In some cases, they’re receiving an inheritance or a stock grant and are choosing to invest in their future real-estate needs rather than the stock market. In other cases, they’re altering their expectations about how long they’ll work [...]
Who is buying land now?
Now that we know why we should buy land now, let’s look at who is buying land now. Quite frankly, everyone is getting in on this latest land rush in the U.S. From retirees looking for a place where they can spend time with their grandchildren to the young couples that wants to live their [...]
Who is buying land now? – Retirees
People nearing retirement age have been prowling for 100-acre properties and smaller, said Charles Gilliland, research economist with the Real Estate Center at Texas A&M University. That’s helped lower the average acreage involved in a land sale.
But at the same time, real estate agents say some high-dollar investors are looking for a stable place to [...]
Election Impact on Buying Land
Both presidential candidates appeared to favor keeping all three homeowner tax breaks “as is,” though information was sparse on the deductibility of property tax and the capital-gains exclusion.
The Big Three only benefit those who itemize deductions. Itemization increases significantly as income rises. McCain is against a mortgage tax credit for families who don’t itemize. Obama [...]
Who is buying land now? – Investors
Over the next several posts we’ll take a look at who is buying land. In the current economic client it’s important to understand that buying land remains an excellent investment that should pay off for years to come. Let’s look at the first group of land buyers: Investors.
The sense is that the market is in [...]
The Big Three Homeowner Tax Breaks
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 [...]
A Brief History of the Texaplex
To understand why the areas of Dallas Ft. Worth, Austin, San Antonio and Houston are succeeding, David Winans gives a brief insight into some of the factors that have led to the sustained boom of this region.
Explaining the “Texaplex”
Today we continue looking at the “Texaplex”, a term used by Dave Winans to describe the triangular area between Dallas/Ft. Worth, Houston, San Antonio and Austin. This area has seen large amounts of growth that is out-pacing the rest of the nation.
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