Premium Properties Sarasota and Her Islands

Facing capital gains on investment property? Here’s one way to defer taxes

Chaim Gleitmann CIPS — Mon, 13 Feb 2012 21:09:00 GMT

Facing capital gains on investment property? Here’s one way to defer taxes. WASHINGTON – Feb. 13, 2012 – “Taxation with representation ain’t so hot either.” – Gerald Barzan, humorist If you own investment property,...(read more)

Florida’s existing home, condo sales up in 4Q 2011

Chaim Gleitmann CIPS — Fri, 10 Feb 2012 15:41:00 GMT

ORLANDO, Fla. – Feb. 9, 2012 – Florida’s existing home and existing condo sales continued their positive trend in fourth quarter 2011, posting gains compared to the same period a year earlier, according to the latest housing statistics...(read more)

Nearly 100 house markets improving

Chaim Gleitmann CIPS — Mon, 06 Feb 2012 19:53:00 GMT

WASHINGTON – Feb. 6, 2012 – The list of housing markets showing measurable improvement expanded by 29 metros in February for a total of 98 entries on the National Association of Home Builders/First American Improving Markets Index (IMI). With...(read more)

2011’s foreclosures lowest in four years

Chaim Gleitmann CIPS — Fri, 27 Jan 2012 07:34:00 GMT

RealtyTrac released its Year-End 2011 U.S. Foreclosure Market Report today. It shows a total of 2,698,967 foreclosure filing actions – default notices, scheduled auctions and bank repossessions – reported on 1,887,777 U.S. properties in 2011,...(read more)

Florida’s housing sales activity higher as 2011 ends

Chaim Gleitmann CIPS — Mon, 23 Jan 2012 06:54:00 GMT

ORLANDO, Fla. – Jan. 20, 2012 – At the close of 2011, Florida’s existing home and condominium markets reported higher sales compared to the previous year, according to the latest housing data released by Florida Realtors®. It was...(read more)

Five Questions to Ask Yourself Before Deciding to Buy

Chaim Gleitmann CIPS — Mon, 23 Jan 2012 06:40:00 GMT

Perhaps you’ve found a house, or maybe you’ve just started the house hunt, but regardless of where you are in the home-buying process, you need to consider some key questions before you even think about making an offer. Buying a home is a...(read more)

U.S. foreclosure rate lowest since pre-recession

Chaim Gleitmann CIPS — Fri, 13 Jan 2012 17:09:00 GMT

NEW YORK (AP) – Jan. 12, 2012 – About 1.9 million homes entered the foreclosure process in 2011, the lowest level since 2007 when the recession began, according to a report Thursday by the foreclosure listing firm RealtyTrac Inc. The firm...(read more)

Xena Vallone Realty’s Chaim Gleitmann Earns CPC Designation

Chaim Gleitmann CIPS — Fri, 13 Jan 2012 15:05:00 GMT

Chaim Gleitmann of Xena Vallone Realty Earns CPC Designation. Xena Vallone Realty’s Chaim Gleitmann earns the Certified Professional Commercial (CPC) designation. Gleitmann completed comprehensive training on assisting sellers and buyers with listing,...(read more)

SAR Monthly Statistics Released for December 2011

Chaim Gleitmann CIPS — Thu, 12 Jan 2012 15:31:00 GMT

Property sales up 8.2 percent for full year 2011; prices stable For the full year 2011, property sales of members of the Sarasota Association of Realtors® jumped by 8.2 percent to 8,224, achieving the highest level since 2005. The surge in sales was...(read more)

You may owe federal income taxes in 2013 if you have a short sale, foreclosure

Chaim Gleitmann CIPS — Mon, 09 Jan 2012 19:57:00 GMT

WASHINGTON – Jan. 9, 2012 – You may owe federal income taxes in 2013 if you have a short sale, foreclosure after this year. Now is the time to make the hard decision: Are you going to walk away from your underwater home? Uncle Sam is still...(read more)

Housing Affordability Index

Chaim Gleitmann CIPS — Fri, 06 Jan 2012 19:26:00 GMT

Share | How affordable is housing for potential buyers? Today’s Housing Affordability Index produced by the National Association of Realtors® yields some insight—the best in decades. The headlines have recently screamed about record low...(read more)

IRS Kicks Off 2012 Tax Season with Deadline Extended to April 17

Chaim Gleitmann CIPS — Wed, 04 Jan 2012 19:32:00 GMT

IRS YouTube Video: April 17th Tax Deadline WASHINGTON — The Internal Revenue Service today opened the 2012 tax filing season by announcing that taxpayers have until April 17 to file their tax returns. The IRS encourages taxpayers to e-file as it...(read more)

On December 22, 2011, in Residential Real Estate, by Press Release

Chaim Gleitmann CIPS — Fri, 23 Dec 2011 11:56:00 GMT

SARASOTA, FL – Chaim Gleitmann of Xena Vallone Realty has earned the Resort and Second Home Specialist (RSPS) Certification. Awarded by the National Association of REALTORS®, this nationally recognized designation indicates expertise in the...(read more)

Foreclosure Deficiency Judgments

Chaim Gleitmann CIPS — Wed, 21 Dec 2011 18:05:00 GMT

As the foreclosure crisis continues to affect the real estate market, many troubled homeowners, and even some realtors, may not fully understand the severity of a foreclosure. In a foreclosure situation, the mortgage lender is a secured creditor which...(read more)

Existing-Home Sales Continue to Climb in November

Chaim Gleitmann CIPS — Wed, 21 Dec 2011 15:13:00 GMT

Washington, DC, December 21, 2011 Existing-home sales rose again in November and remain above a year ago, according to the National Association of Realtors®. Also released today were periodic benchmark revisions with downward adjustments to sales...(read more)