Boston’s # 1 Real Estate Investors Association and Community
Boston Real Estate Investors Newsletter – March 2019
Appeals Court sides with
Zillow in Lawsuit
A federal appeals
court sided with Zillow in a long-running lawsuit over the accuracy and
marketing of the real estate giant’s controversial Zestimate tool.
Over the years, the Zestimate tool has served as a source of contention
from home sellers expecting to get more, home buyers expecting to pay
less, and real estate professionals wishing they weren’t caught in the
middle. Full Article.
Being on the Title of Your Parent’s Home Affect Your Taxes? When
a parent adds their children to the title of their home – and later
sells that home – the tax implications for the children are complicated.
mother added all of her adult kids to her property deed but now she is
having to sell the house and move in with one of the kids. The house is
paid for in full. We are worried about the tax implications when the
house sells. My mom must keep all the money for her care. Answer
Retirement of Data Devices is Essential for your Privacy and Security
With the growing
ubiquity of high-tech electronics — more than three-fourths of
Americans own smartphones, according to the Pew Research Center — it’s
easy to become complacent about data security, especially once a device
has maxed out its lifespan. Failing to properly recycle or sanitize
your device can put you and your partners and customers at risk. Article
Strategic Partners Spotlight
You Work Too Hard to Give Up Profits to
If you’ve ever flipped a house or bought and
sold property you have undoubtedly run into a “stink” along the way
that you struggled to get rid of. Have you rented to Pet Owners?
Even if you’ve replaced carpet and painted the floor beneath,
along comes a hot, humid day and the smell is back! Learn more
about this product every property owner needs!
Articlefrom OdorXit – A National REIA Industry
A few key office supplies can make the day more efficient, effective,
comfortable… even FUN! Take a look atOffice
Depot’s Infographicon what they suggest.
Remember, Office Depot is a National REIA Industry Partner and CCIA
Members get BIG discounts! Learn
Another National REIA Strategic Partner
National Economic Outlook – February 2019
26, 2019 By:
government shutdown affected most of the agencies from which we get
data for our monthly commentaries, so this month we’re just providing
the basics. Next month we’ll have a full range of options available,
including a host of full-year data for 2018.
In January, total jobs were up 1.9 percent from the previous year, the
best performance since 2015 and following an uptick to 1.8 percent last
month. Through much of the last couple of years, job growth has bumped
around at the 1.6 percent level.
While the increase is encouraging in general, the effect on real estate
markets will be minor because many of the ‘extra’ jobs are in the
lowest-paid sector of the economy: hotels and restaurants. Either more
Americans are taking their vacations within the US or they’re getting
more of their food from Starbucks and sandwich shops.
Jobs were up 2.1 percent in manufacturing, 2.6 percent in business
services, 2.4 percent in healthcare, 1.5 percent in finance, and almost
flat in retail and government. Unemployment rose slightly, to 4 percent.