Perrie & Associates

  Well, the forms are already filling your mailbox, so you know what it's time for - taxes.   We know they may not be the love letters you were hoping for, but it's time to gather your documents and get it done. Did you buy a home in 2020? If so, fall head over heels for the homestead exemption! Not sure or can't remember how to file for the exemption? We've got you covered with these quick facts about the homestead tax exemption!  What is it?  A homestead exemption is a one-time, tax exemption on your property taxes that can be filed the January after you have purchased a new home. It lasts until the ownership of your home changes. How much is exempt? The exemption is a reduction of the amount of taxes charged, and so will vary for each county and property.  What do I need?  To file for a homestead exemption, you must be a legal resident of the county and must own and occupy the home as of January 1 in the year you are seeking the exemption. There is no income or age l

  2020 was a year of unpredictability. However, despite the pandemic and resulting recession, more than 6 million homes were still sold, and home prices grew 5% according to Forbes .  While the last year has taught us that's impossible to know what may come next, we've gathered experts' predictions for the 2021 real estate market.  Seasonal Balance  First, the realtor.com 2021 Housing Forecast predicts that there will be some sense of normalcy returned to the seasonality of real estate. In 2020, the Coronavirus pandemic threw the predictable real estate season out the window. Many stay-at-home orders were imposed right before the summer, the best time for the real estate market. Buyers returned to the market before sellers, and had a drastic impact on inventory, time on the market, and home prices. However, realtor.com predicts that things will begin to settle into the normal seasonal trends in 2021.  Home Sales and Prices  2020 changed the way many of us live and work. Be