Monthly Archives: June 2013

Where are all the Bank Owned Homes??

Jun 18, 2013 |

According to the May, 2013 Memphis Area Home Sales Report published by the Memphis Area Association of Realtors, the number of Bank Owned Homes sold in the area has dropped by more than 19% compared to the same time in 2012.  In 2013, there have been 1,502 Bank Sales* compared with 1,871 in 2012.  So […more]

Inclusion of Real Estate Service Practitioners who passed the licensure examination will now be subject to the 10% or 15% creditable withholding tax. RR 10-2013

Jun 13, 2013 |

Fifteen percent (15%) withholding tax, if the gross income for the current year exceeds P720,000.00 and Ten percent (10%) withholding tax if less than P720,000 that will take effect on June 1, 2013 Inclusion of Real Estate Service Practitioners who passed the licensure examination will be subject to the 10% or 15% creditable (expanded) withholding […more]

Institutional Investors: Their Impact on the Housing Market

Jun 12, 2013 |

The real estate conversation in many corners has been dominated by the potential impact that ‘institutional investors’ may have had and will continue to have on the housing market. Institutional investor is a term used to define organizations which pool large sums of money and invest those sums in securities, real property and other investment […more]

House Prices Projected to Increase

Jun 8, 2013 |

Experts have projected that U.S. home prices will appreciate by 5.4% in 2013. If we assume that prices will rise about the same 5% over the next twelve months, here is the difference a buyer will pay if they wait a year. Powered by WPeMatico