David Feldstein

Is it time to buy a home?

Aside from the government tax credit that is still available to homebuyers and in some cases homeowners there are many great reasons to purchase a home. If you are currently renting a home or apartment you are throwing your money away. Basically you are paying the mortgage of your landlord, or you are linging their pockets with profit. That does not do much for your bottom line. Here are some great reasons to buy a home now:

1. Pride of Ownership
2. Appereciation
3. Mortgage Interest Deductions
4. Property Tax Deductions
5. Capital Gain Exclusion
6. Preferential Tax Treatment
7. Mortgage Reduction Builds Equity
8. Equity Loans

For more information on any of these reasons click here. If you are ready to start your search for a home it is time to take the next step and contact a realtor. Sure you can find a home on your own using the internet, but you would be putting yourself at a disadvantage. Realtors are your best source for information regarding the most current availabilities in the housing market. Realtors can also help you to negotiate the best possible price, help you connect with excellent service providers and make sure you are not taken advantage of. So are you ready to move? Talk to a realtor today.

We have been hearing allot about the residential real estate market lately but what is going on with Commercial Real Estate. Well the opinions that are flotating around range from the scary to the slightly pessimistic. One thing is for sure, there is not much optimism for the commercial real estate market recovert. If you have any doubt take a look around your neighborhood. How many retail vacancies do you see? How many office space available signs do you see? I am sure you see the same thing I do when I am driving around Rego Park , Forest Hills , or Manhattan . Well if the proliferation of vacancy signs doesn't get you thinking, then you should listen to what worries congress. The folks up on capitol hill are worried that the shaky $6.7 Trillion commercial real estate market could implode. Paul Kanjorski Democrat said “The growing bubble in the commercial real estate industry has the potential to infect our economy and slow a recovery,”. Now you see the politicians are screaming outloud before all hell breaks loose. Or maybe they are just covering themselves if all hell breaks loose. You see there are allot of investors and players sitting on the side lines with tons of cash and they are just waiting for the bottom to fall out. Will there be a FIRE Sale that is the Question.