by Jon Terry | Jan 23, 2013 | Selling a Home
Retirement communities have increased over the last twenty years in response to the fact that the fastest-growing age group in the U.S. is 65 and older. What are the rising trends of this population age group? 1. Many seniors feel that the rules, restrictions, and...
by Jon Terry | Jan 23, 2013 | Colorado Living, Statistics
Economists list three primary avenues for housing recovery: better market fundamentals, improved market composition, and more jobs. If job growth continues in 2013, housing should lead the way to economic recovery in Colorado. Here are a few encouraging stats from the...
by Jon Terry | Jan 11, 2013 | Colorado Living
Consider a late New Years Resolution of being extra cautious about water waste. According to the results of a three-year federal study of the Colorado River, the river won’t have enough water to support all the people who rely on it throughout the southwest, from...
by Jon Terry | Jan 10, 2013 | Mortgage Guidelines, Mortgages, Short Sale, Taxes
Under normal circumstances, debt forgiven as a result of a short sale or mortgage modification would count as income for tax purposes. Lenders send out 1099s to account for the amount of the debt they have forgiven. However, the Mortgage Forgiveness Debt Relief Act...
by Jon Terry | Jan 5, 2013 | Taxes
Colorado ranks 12th in the nation in wind energy production, according to the American Wind Energy Association(AWEA), and wind turbines will keep on turning in 2013. Congress voted to extend the tax credit on wind energy that many said was key to the survival of...