Author Archives: leonardrealestategroup

Pending Home Sales Drop for Fourth Consecutive Month Contract signings for existing homes declined for the fourth consecutive month in February, with a 4.1% monthly slide, due to a combination of rising mortgage rates, real estate prices and consumer inflation. … Read More

Foreclosure Rates Continue Upward Climb ATTOM, along with its subsidiary RealtyTrac, has released its latest Foreclosure Market Report for February which has found that there was a total of 25,833 properties with foreclosure filings against them, up 11% from January … Read More

Inherit a House and Sell It, How Are the Profits Taxed? If you sell your house and make a profit, you must pay capital gains tax—so does the same rule apply when you inherit a house from a deceased relative? … Read More