Pending home sales are forward-looking indicators of future home sales activity, providing information on the future direction of the market. The share of equity sales – or non-distressed property sales – compared with total sales rose to their highest level since February 2008, recording a 72.1 percent share in March.
The liability total – home mortgages – decreased by US$37 billion or 0.4 per cent. The equity position, the difference between assets and liabilities, increased by US$795 billion or nearly 7.9 per cent. The current ratio of owners’ equity in real estate as a percentage of household real estate is 53.6 per cent.
Almost all of the discretionary portion is used to fund bus service provided by Metro and 16 other municipal bus operators within the County. The Proposition C sales tax, approved by voters in 1990, is an additional one-half of 1% tax on retail sales in the County.
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Livingston sales jumped 32.6 percent and Wayne 24.1 percent. Oakland County, usually the driver in residential real estate, has yet to see a significant bounce in sales. The county saw the lowest increase of all counties in Metro Detroit, with a 3.4 percent jump to 752 closings.
Next thing you deduct is the property tax you pay for your home. This amount is dependent on where you buy your house and can average anywhere from $500 to $8,000 per year. For instance, for a $200,000 house with $2,000 yearly property taxes you will be deducting roughly about $12,000 ($10,000 mortgage interest + $2,000 taxes) from your taxable.
A $1.00 increase (decrease) in the assumed initial public offering price of $ per share, which is the midpoint of the range listed on the cover page of this prospectus, would increase (decrease.
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Last week we saw that home prices continue to increase, new home sales bounced back but are still at low levels, the Fed raised rates and there’s no sign of a pick-up in existing home sales.
Home sales in Pueblo County maintained their fast pace through March. The 227 houses sold last month were an increase of 1.8 percent from a. for the state Realtors group and an agent at RE-MAX.