Patel & Dalrymple, PLLC
A Lynchburg Law Firm
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Real Estate Transactions Archives

More real estate transactions occurred in February

Even though a large number of properties are currently on the market, existing home sales were strong in February. This comes from a recently released report on the number of real estate transactions that have taken place during the past few months. It may be uplifting news for those in Virginia who are planning to buy or sell residential real estate this spring.

Real estate transactions likely to be strong with new tax law

The brand-new tax law is expected to benefit those who purchase properties as investments in 2018. Specifically, it should help those investors with high net worth who are interested in completing real estate transactions in Virginia and other parts of the United States. One aspect of the tax law that is a boon for these investors is retaining 1031 real estate exchanges.

Now may be best time to engage in real estate transactions

Trying to figure out when to purchase a home in Virginia can understandably be intimidating. This is particularly true when the home options are limited and when prices seem too high. However, according to experts, engaging in residential real estate transactions may be a wise move in 2018.

Americans still want real estate transactions with new tax plan

With the next tax bill on its way to becoming law, several people throughout the United States, including many in Virginia, are apparently nervous about how it will impact the real estate industry. A recent survey indicated that some Americans are even considering altering their plans to engage in residential real estate transactions. However, optimism still appears to exist in the real estate world.

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