Well, who knew little old Rochester would come in at #2 for Hottest Housing Market? Although the majority of big cities are experiencing a housing price “adjustment”, smaller cities who never experienced a big bubble are still chugging right along. Click the link above for full details on the top ten cities on the rise.

So, if you’re looking for good housing prices with a potential for going UP in value, check out my fair city of Rochester, New York!

And if you ARE trying to sell a home in less than favorable market, do yourself a favor and learn some home staging techniques (my e-book at http://home-staging-secrets.com is a good place to start and way cheaper than hiring a professional stager).
Rebecca

Here’s a quote straight from the article posted at: http://www.kansascity.com/business/story/551615.html

“Specifically, home staging would be considered “advertising fees” and would fall under the allowable selling expenses.

Second, you may be able to negotiate with your Realtor and add the expense to the commission paid for selling the house. Either way, the same result is accomplished, and the services provided will be considered deductible.

That said, if the home stager recommends the entire interior needs a fresh coat of paint, these selling expenses are not allowable deductions.

Bottom line: Paying for the home stager’s services is deductible, while expenses for repairs, maintenance or permanent redecorating of the house are not.”

Tax time is coming soon, so be sure to keep track of your deductible Home Staging expenses,
Rebecca

Just a tip if you are selling: Sell as fast as you can while buyers can still get mortgages at decent rates!

If you are buying in the next year, stay tuned for some lower home prices.

Rebecca

If you’d like more detailed information on how to stage a house for sale quickly, check out the Do-It-Yourself Home Staging Kit at: http://home-staging-secrets.com

It has 97 pages worth of step-by-step instructions on when to stage and how to stage, plus detailed staging checklists, remodeling checklists, and home inspection checklists to make your house fluffing job even easier.

I hope you enjoy it!
Rebecca

http://money.cnn.com/2006/02/24/real_estate/quick_home_sales/index.htm

I have not tried this, but I plan to. If you go to the 5 day auction site, they often have free teleseminars.

Has anyone tried this method before? I read Bill’s book and was quite impressed. I have heard some other investors in Florida using this concept before.

All the Best,

Rebecca Wolfe

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Rebecca

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Sales Slow for Homes New and Old

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By JEREMY W. PETERS
Published: July 26, 2006
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Rebecca