Peter DeLuca Tucson Real Estate

Reasons To Own Your Own Home

Real Estate Expert — Thu, 02 Sep 2010 16:54:10 +0000

Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, as well as some of the costs involved in buying your home.
Appreciation. Real estate has long-term, stable growth in value. While year-to-year fluctuations are normal, median existing-home sale prices have increased on average 6.5 percent each year from 1972 through 2005, and increased 88.5 percent over the last 10 years, according to the NATIONAL ASSOCIATION OF REALTORS®. In addition, the number of U.S. households is expected to rise 15 percent over the next decade, creating continued high demand for housing.
Equity. Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity ownership interest in your home.
Savings. Building equity in your home is a ready-made savings plan. And when you sell, you can generally take up to $250,000 ($500,000 for a married couple) as gain without owing any federal income tax.
Predictability. Unlike rent, your fixed-mortgage payments don’t rise over the years so your housing costs may actually decline as you own the home longer. However, keep in mind that property taxes and insurance costs will increase.
Freedom. The home is yours. You can decorate any way you want and benefit from your investment for as long as you own the home.
Stability. Remaining in one neighborhood for several years gives you a chance to participate in community activities, lets you and your family establish lasting friendships, and offers your children the benefit of educational continuity.

Source: National Association of Realtors

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Creativity in tight economic times

Real Estate Expert — Wed, 01 Sep 2010 16:52:50 +0000

Rethink, reuse, switch, swap for no-spend design.

Times may be hard but we still want our homes to look good. In fact, the co-cooning effect of the recession, forcing us to spend more time at home, can feed our interior design desires even more. But when your wallet is thin, what’s an interior design junkie to do? The answer is to get innovative.

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8134 East Daniella, Tucson Arizona 85715

Real Estate Expert — Tue, 24 Aug 2010 02:59:36 +0000

Woodland Villas Townhomes

Located perfectly at the end of a small cul-de-sac, this charming Townhouse has been carpeted and painted and is ready for you.

MLS: 21023479
List Price: $149,900

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Read the rest of 8134 East Daniella, Tucson Arizona 85715 (158 words)

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8102 East 6th St, Tucson Arizona 85710

Real Estate Expert — Tue, 24 Aug 2010 02:46:01 +0000

Carriage Hill Estates

Incredible deal for this former 10-bed assisted living care facility in central Tucson

MLS: 21027617
List Price: $175,000

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Read the rest of 8102 East 6th St, Tucson Arizona 85710 (153 words)

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6555 North Camino Arturo, Tucson Arizona 85718

Real Estate Expert — Tue, 24 Aug 2010 02:34:48 +0000

Santa Catalina Estates No 4

Immaculate burnt adobe home in the heart of the Santa Catalina Estates in the foothills of Tucson

MLS: 21029799
List Price: $450,000

(...)
Read the rest of 6555 North Camino Arturo, Tucson Arizona 85718 (355 words)

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Peter DeLuca Tucson Real Estate

Reasons To Own Your Own Home

Creativity in tight economic times

Rethink, reuse, switch, swap for no-spend design.

8134 East Daniella, Tucson Arizona 85715

Woodland Villas Townhomes

MLS: 21023479 List Price: $149,900

8102 East 6th St, Tucson Arizona 85710

Carriage Hill Estates

MLS: 21027617 List Price: $175,000

6555 North Camino Arturo, Tucson Arizona 85718

Santa Catalina Estates No 4

MLS: 21029799 List Price: $450,000

MLS: 21023479
List Price: $149,900

MLS: 21027617
List Price: $175,000

MLS: 21029799
List Price: $450,000