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Record Appreciation Is Sending Homeowner Wealth Soaring

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Middle-income homeowners have seen their properties appreciate by 68% since 2012, amounting to $122,100 in equity wealth, according to the National Association of Realtors. Similarly, low-income homeowners reported $98,900 in equity gains, and upper-income households accrued $150,800 in equity.

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Salary Needed to Afford a Home in the Top 15 Metros

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SmartAsset identified the salaries needed in the 15 largest metros to afford an average home payment and not exceed the recommended 36% debt-to-income ratio. The site compared median home values, property tax rates, down payment, homeowners insurance, and other debt payments to calculate these results. and Philadelphia.

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U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

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The movement into secondary markets is underpinned by the anticipated increase in both debt and equity capital during 2014. San JoseSan Jose is the third-ranked market for the second year in a row, with investors attracted to the prospects offered by the city’s technology industry.

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STATE INCENTIVES GUIDE

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INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

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