Asid Idris's (asididris) Blog

As the President of the National Association of Realtors, I have heard from many members and clients about how frozen markets are affecting our businesses. Your elected leadership and the NAR staff have been working day in and day out with the new Congress and administration to ensure that your ...

As the President of the National Association of Realtors, I have heard from many members and clients about how frozen markets are affecting our businesses. Your elected leadership and the NAR staff have been working day in and day out with the new Congress and administration to ensure that your ...

The tax deductions you’re eligible to take for mortgage interest and property taxes greatly increase the financial benefits of homeownership. Here’s how it works. Assume: $9,877 = Mortgage interest paid (a loan of $150,000 for 30 years, at 7 percent, using year-five interest) $2,700 = Property t...

Buying a home should be fun, not stressful. As you look for your dream home, keep in mind these tips for making the process as peaceful as possible. 1. Find a real estate agent who you connect with. Home buying is not only a big financial commitment, but also an emotional one. It’s critical that...

1. Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, as well as some of the costs involved in buying your home. 2. Appreciation. Real estate has long-term, stable growth in value. While year-to-year fluctuations are normal, median existing-...

Not all real estate practitioners are REALTORS®. The term REALTOR® is a registered trademark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS® and subscribes to its strict Code of Ethics. Here are five reasons why it pays to work with a REALTOR®....

1. They don’t ask enough questions of their lender and end up missing out on the best deal. 2. They don’t act quickly enough to make a decision and someone else buys the house. 3. They don’t find the right agent who’s willing to help them through the homebuying process. 4. They don’t do enough to...

Housing prices will hit bottom in the fourth quarter of 2009, predicts Moody’s Economy.com in a new report. "Despite the darkening national economic outlook and the weak conditions in the housing market, some positive signs give hope that a bottom in the housing market is coming into view," the r...

Economists are watching the housing market closely to determine whether this year’s spring buying season will be an improvement over last year’s. Mortgage rates and home prices are lower and home builders are offering more incentives. But some observers are still pessimistic. "I don't have a lot ...

A severe lack of credit threatens commercial real estate and poses significant risks for the whole economy, according to a NATIONAL ASSOCIATION OF REALTORS® work group. The Commercial Economic Stimulus Work Group has developed a plan to address high-priority issues like lack of credit to avoid fu...