Second Home Trends
2010 was a terrible year for real estate, even in Dallas, even in Texas. We started the year with high hopes that since 2009 had been so bad, 2010 could only get better. And then we had the euphoria of the first time homebuyer’s credit. But we ended the year knowing that Dallas home sales…
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In Roatan and in La Paz, Mojitos. I am a huge Mojito girl, and love them best made with fresh mint and lime. I thought Victor’s muddled Mojitos were the best I’d ever tasted, created at Bite on the Beach in West Bay, Roatan –great restaurant — and he sent me home with the recipe…
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You do recall former NBA champ Michael Jordan. Not only is he known as “the greatest basketball player of all times” but he is gaining a rap as the greatest home builder of all times! Jordan is completing a 28,000 square foot mansion in The Bears’ Club, Palm Beach County, Florida, near where Tiger Woods…
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1. Second home trends: Affluent Baby Boomers will retire later and downsize from their large McMansions for which utilities and taxes have become prohibitive, to smaller homes, maybe condos, in the city and a second home — in the cheaper boonies, or in another city. Just last night a reader emailed me that his biggest…
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I think I could live with just about every single suggestion this bipartisan deficit panel has made, at least, those that I have read, except the home mortgage deduction limitations and eliminating the mortgage deduction on second homes. Homeowners can now deduct mortgage interest on mortgages up to one million dollars. But would a second…
Read MoreThe Presidential, bi-partisian committee scrutinizing ways to cut our huge budget deficit brought on by the housing market collapse, Wall Street firms going under, and the biggest government bail out in the history of the world, may end the U.S. home mortgage deduction. It could certainly end the mortgage interest deduction of second home properties.…
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