Monday, October 1, 2007

Phoenix, Az Hottest Labor market in US.

From the Business first of Buffalo

America's 10 hottest labor markets

"1. Phoenix: America's hottest labor market is located -- appropriately enough -- in the desert. Phoenix has tacked on 325,100 jobs since 2002, the equivalent of 1,250 per week. Washington's weekly average of 940 is a distant second. Phoenix's jobless rate, 3.0 percent, is the nation's fourth-lowest.

2. Salt Lake City: Salt Lake City has gathered serious momentum the past two years. Its employment base has ballooned by 11.3 percent since 2005, the nation's fastest pace over that period. Also impressive is the local unemployment rate of 2.8 percent, the second-smallest across all of America.

3. Boise, Idaho: If Salt Lake City has America's second-lowest jobless rate, who is better? The answer is Boise at 2.1 percent. This burgeoning high-tech center also boasts a job-growth rate of 11.0 percent since 2005, second-best in the nation. And who is No. 1 in that category? Salt Lake City, of course.

4. Riverside-San Bernardino, Calif.: Los Angeles does reasonably well in these rankings, 41st out of 100 markets, yet it's far behind its own eastern suburbs. Riverside-San Bernardino, also known as the Inland Empire, is adding 890 jobs per week. That's America's third-fastest pace, trailing only Phoenix and Washington."

Wednesday, September 26, 2007

IRS Reaches Out To Foreclosure Victims With Resource Site

This is an interesting article I found on the Mortgage Bankers Association website.

"The Internal Revenue Service has unveiled a new section of IRS.gov for people who have lost their homes due to foreclosure. The IRS also reassured homeowners that, although mortgage workouts and foreclosures can have tax consequences, special relief provisions can often reduce or eliminate the tax bite for financially strapped borrowers who lose their homes.

The new section of IRS.gov includes a variety of information, including a worksheet designed to help borrowers determine whether any of the foreclosure-related relief provisions apply to them. For those taxpayers who find they owe additional tax, it also includes a form they can use to request a payment agreement with the IRS. In some cases, eligible taxpayers may qualify to settle their tax debt for less than the full amount due using an offer-in-compromise."

I think this is a wonderful idea to help inform the public on how they can resolve their tax liability if any...

Wednesday, September 12, 2007

My First Blog Post

Well here it is, I am officially a Blogger! I will be using this site to post bits of information on articles I think others may find interesting and sharing tips about Real Estate ownership. I am a pretty Tech savvy guy so I may also be posting information regarding some pretty cool gadgets or software I would like others to know about. Keep on the lookout, post comments and links if you would like.