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FOR SOME, DEDUCTING MORTGAGE INTEREST MAY BE OVER- VALUED: Homeowners' tax break could end (The Charlotte Observer)  President Bush's tax-overhaul commission is considering an idea to eliminate the vile alternative minimum tax by, among other things, trimming the break homeowners get on mortgage interest.read more...


Mortgage fraud consequences  With the backlog of cases, most perpetrators of fraud won't get prosecuted, says the Real Estate Adviser.read more...


Home is where the cash is  The Southland's surging housing market showed little sign of slowing down last month, as sales remained strong despite a 22.3 percent annual hike in the county's mid-priced home.read more...


When a Real-Estate Exec Rents a Summer Retreat  How an industry insider avoids common pitfalls when shopping for a vacation getaway.via


Homeowners Pay More With Mortgage Brokers, Study Says (Contra Costa Times)  A report on closing costs says that mortgage broker fees are higher than for direct lender loans and African-American and Latino populations pay more in mortgage and title fees.read more...


California home prices reach record highs in August  LOS ANGELES - California homebuyers armed with still-low mortgage rates drove prices to record highs in August, a real estate research firm said Wednesday.read more...

June 4th, 2005

Career moves

After 34 years of government service, including 10 years at the helm of Craters of the Moon National Monument, superintendent Jim Morris hung up his ranger hat Friday.

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