http://louisville.blogdrive.com/ eSage Tue, 13 May 2008 09:10:00 PDT http://www.blogdrive.com Copyright 2008. Small Business Investments Companies http://louisville.blogdrive.com/archive/12.html Fri, 03 Feb 2006 01:22:49 GMT Neil Blumberg, Metro1Realty.com 502-439-2826 Expansion Management names Louisville amongst the top 50 relocation cities in US. The article below was copied from Louisville's Business First, at http://www.bizjournals.com/louisville/stories/2006/01/30/daily22.html?f=et66&hbx=e_du ____________________________________________________________________ Louisville among hottest U.S. cities for relocation, expansion The Louisville area is one of the country's 50 hottest regions for corporate relocation or expansion, according to a survey released Wednesday. Louisville ranks 31st on... (more) http://louisville.blogdrive.com/comments?id=12 http://louisville.blogdrive.com/archive/11.html Thu, 12 Jan 2006 01:04:42 GMT Neil Blumberg, broker, www.Metro1Realty.com 502-439-2826 The years 2001 to 2005 saw an unprecedented 5 year run of record increases in home prices. However, the national median existing-home price for all housing types, which jumped 12.9 percent in 2005, is forecast to rise less than half that rate in 2006, by a modest 5.1 percent, making the median price of a home $219,700 this year. And that 5.1% still represents a 2.1% margin over the CPI, which is projected to increase by only 3% this year. The good news for first time home buyers is that they need not feel pressured to buy... (more) http://louisville.blogdrive.com/comments?id=11 http://louisville.blogdrive.com/archive/10.html Tue, 10 Jan 2006 21:19:02 GMT Neil Blumberg, Broker, www.Metro1Realty.com 502-439-2826 As has been published so often recently, the residential real estate market is in flux. Speculation as to bubbles bursting (within certain defined markets) are daily grist for the news mill, and those who ignore the markets direction, or do not understand the subtle differences within the market or submarket within which they work, do so at their peril. However, as to the commercial real estate market, the news seems to be mostly favorable. One of the most reliable sources of information for real estate professionals is... (more) http://louisville.blogdrive.com/comments?id=10 http://louisville.blogdrive.com/archive/8.html Sat, 31 Dec 2005 22:58:44 GMT Neil Blumberg, broker, 502-439-2826 neil@neil4realty.com __________________________________________________________________ As you probably know, the market has turned in some parts of the US from a strong sellers market to a buyers market. Homes are staying unsold for longer periods. A proactive method of moving your home quickly is available through Value Range Marketing (VRM). Not everyone has embraced this idea, but I believe that, given the right circunmstances, it will prove itself to be an invaluable tool, especially as the market tightens and sales slow futher. But beware! Using... (more) http://louisville.blogdrive.com/comments?id=8 http://louisville.blogdrive.com/archive/7.html Thu, 29 Dec 2005 14:29:06 GMT Neil Blumberg, Golden Rule Metro Realty, 502-439-2826, neil@neil4realty.com Click on the link below for this month's edition of cool Cyber Magic tips for the curious. If this is the first time you're seeing my cyber magic newsletter, take a look also at the back editions, all of which you can access from the current issue. http://www.recyber.com/cybertips/neil4realty __________________________________________________________________ http://louisville.blogdrive.com/comments?id=7 http://louisville.blogdrive.com/archive/4.html Sat, 18 Jun 2005 17:22:41 GMT Neil Blumberg, Golden Rule Metro Realty, 502-439-2826, neil@neil4realty.com Many savvy investors have taken advantage of the tax code by converting their principal residence into an investment property. This excellent article below explains how. Converting a residence to a rental: Applying §1031 and §121 to a sale The IRS recently gave guidance on Revenue Procedure 2005-14 on how to report exchanges of property used as a principal residence and for business/investment use in the last five years. A property owner can convert a principal residence to a... (more) http://louisville.blogdrive.com/comments?id=4 http://louisville.blogdrive.com/archive/3.html Wed, 13 Apr 2005 00:08:40 GMT Neil Blumberg, real estate broker, 502-439-2826 www.GoldenRuleMetro.com FINANCIAL BENEFITS OF HOME OWNERSHIP 1 Property Taxes and Interest Deduction: Under the current tax code, most homeowners can deduct property taxes and interest paid on their mortgages each year they own their properties. They are allowed to write off interest on both their first and second mortgages (and even equity lines and loans where their homes are used as the collatreral). 2 Borrowing Against Equity: Each month homeowners make their mortgage payments, they pay down part of their debt. The difference... (more) http://louisville.blogdrive.com/comments?id=3 http://louisville.blogdrive.com/archive/2.html Sat, 19 Mar 2005 21:10:39 GMT Neil Blumberg, real estate broker, 502-439-2826 www.GoldenRuleMetro.com Great news for the Louisville housing market was published on February 24, 2005 by PMI Mortgage Insurance Co. (See http://www.pmigroup.com/lenders/eret.html for entire Report) Firstly, on average, the probability of housing declining in price throughout the US in the next two years, decreased by 2.5%, from 18.6% to only 16.1%. But secondly, and most importantly for Louisville home-owners and investors, the probability of housing declining in value in the Louisville market over the next two years is only... (more) http://louisville.blogdrive.com/comments?id=2 http://louisville.blogdrive.com/archive/1.html Fri, 28 Jan 2005 21:15:12 GMT Short Sales - An Investment Tool for the Louisville Real Estate Market Neil Blumberg, broker, 502-254-9600, www.Metro1Realty.com Louisville realtors, investors and debtors facing foreclosure ask me from time to time how short sales work. Consider this a primer. I recently brokered the sale of a house in Kentucky in The Willows for $85,000 to an investor by short sale. The house had appraised for $120,000 and the owner had liens of $140,000 on it. The lender took a $60,000 loss. The owner was forced to sell his house, for which he received not one red cent, and had to move... (more) http://louisville.blogdrive.com/comments?id=1