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Real Estate Tips
Time to Move >When Your House Gets Too Big

As the Baby Boomers of the 1950s send their children off to college, they join the part of the market called "empty nesters". At this point they no longer need six bedrooms and three baths, a family room and a gigantic yard. Many "empty nesters" are trading in the family home for something that is smaller, easier to maintain and has the amenities that are important to their more carefree lifestyle. If you are considering such a move, start out by consulting a good Realtor whom you like and trust. The good news is--- when you sell your primary residence, you are not taxed on your profit if (1) you have lived in the home for two out of the last five years and (2) your gain does not exceed $250,000 as a single taxpayer or $500,000 as a married couple filing jointly. These capital gain exclusions apply whether you "buy up" to a more expensive home or "buy down" to a less expensive one. If you are moving downtown from the suburbs in order to be close to cultural centers, theaters and restaurants, there may be "quality of life" issues, such as noise or parking. Your Realtor can help you find a home that has all the conveniences and amenities you desire.

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Real Estate Trivia
Q 
What is the average age of a first-time homebuyer in the United States today?

A 
The average age of a first-time U.S. home buyer is 32 years.
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The Preferred Team, REALTOR®, real estate agent and broker for Pinellas County, Pasco County and Hernando County Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

The Preferred Team
Keller Williams Realty - Gulf Coast

13800 Park Blvd
Seminole, FL 33776
Cell: 727-492-0942
Fax: 727-398-0044
tscheele@kw.com

The Preferred Team Motto “Let the Preferred Team Help You Sell or Find Your Preferred Home!” Our Team members have been working, living and enjoying the West Coast Florida for over 30 years. We have watched the Tampa Bay area grow and diversify into a destination spot for travel and easy living. The Preferred Team has invested in the latest technology and continues to maintain our traditional values for an undefeated combination leading to success. We will use our knowledge of the communities in the Tampa Bay area and our expertise in helping you, the customer, in finding the home of your dreams. Remember, “We don’t want to sell you a house; We Want to Help You Find Your Preferred Home!”

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