Monthly Archives: December 2016

“This is going to be the year”

Posted on December 27, 2016 by bchrealestate

Every year, it seems like the same things are on the list but this could be the year you really do invest in a rental home. Rents are climbing, values are solid and mortgage rates are still low for non-owner … Continue reading →

Posted in Real Estate | Leave a comment

What a Difference 50 years Makes

Posted on December 20, 2016 by bchrealestate

In 1966, a gallon of gas was $0.32 and today, it is $2.49. A dozen eggs were $0.60 but they’ve only doubled to $1.33. A gallon of milk was $0.99 and today, it costs $3.98. You could send a letter … Continue reading →

Posted in Uncategorized | Leave a comment

Can 0.5% Really Equal 5%?

Posted on December 13, 2016 by bchrealestate

Since the election, rates have started going up and it will have a direct effect on the cost of housing. There is a rule of thumb that a ½% change in interest is approximately equal to 5% change in price. … Continue reading →

Posted in Uncategorized | Leave a comment

Time May Be Running Out

Posted on December 6, 2016 by bchrealestate

During the Great Recession, some homeowners elected to rent their home rather than sell it for less than it was worth. IRS tax code allows for a temporary rental of a principal residence without losing the exclusion of capital gain … Continue reading →

Posted in Uncategorized | Leave a comment