Here are the new parameters for those big cash deals – it looks like a trial run during the off-season? But at least there are fines and prison time if they can catch anybody. Thanks Michele and Alonzo at Ticor Title:
by Jim the Realtor | Aug 25, 2016 | Jim's Take on the Market | 2 comments
Here are the new parameters for those big cash deals – it looks like a trial run during the off-season? But at least there are fines and prison time if they can catch anybody. Thanks Michele and Alonzo at Ticor Title:
Save
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
CA DRE #01527365, CA DRE #00873197
If Pho-town is 30% yoy by June then yippie-kay-yay but I predict that San Diego beats them by then. I sold a SD house yesterday that was priced at full-retail for $178k over list.
Phoenix House Prices Up 21% –
Likely Up 30% By June
https://arizonarealestatenotebook.substack.com/p/phoenix-house-prices-up-21-likely
More context, please. Reading from Boston, are these thresholds ones being used by CFPB? What other links, background can you provide for other markets that are concerned about the impact #SpeculatorsWithoutBorders are having on local affordability?
Welcome Bill and thanks for checking in!
Here are two posts on the topic:
https://www.bubbleinfo.com/2016/07/27/money-laundering-and-san-diego-county/
https://www.bubbleinfo.com/2016/08/11/who-could-benefit-from-vancouver-tax/