Paul Antonelli's (paulantonelli) Blog

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Real Estate Broker/Owner - Antonelli Realty - 3137972
What's happening in Central Florida and Florida in general. Home selling news, home buying news, things to watch out for. Just an all around review of the weeks latest news that you may have missed. If you enjoyed reading the post please give it a LIKE, every little bit helps. Thank You.

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2015 

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If you enjoyed reading the post please give it a LIKE, every little bit helps. Thank You. In a recently released and terribly designed study by brainless economists commissioned by Facebook, the social media site finds that in 2014 it created $227 billion in world economic impact and 4.5 million ...
01/30/2015
If you enjoyed reading the post please give it a LIKE, every little bit helps. Thank You. From RealtyTrac's U.S. Home Equity & Underwater Report for the fourth quarter of 2014 found fewer seriously underwater home (a combined loan amount at least 25 percent higher than estimated market value) in ...
01/27/2015
If you enjoyed reading the post please give it a LIKE, every little bit helps. Thank You. While oil prices here are down 56% since 7/1/14, the picture is vastly different elsewhere because oil is quoted in US dollars. Because the Canadian dollar has fallen vs. the US dollar, when converted into C...
01/27/2015
If you enjoyed reading the post please give it a LIKE, every little bit helps. Thank You. With Syriza winning Greek elections yesterday, expect increased market volatility. Syriza wants to end austerity and renegotiate its €240 billion bailout, which Germany firmly opposes. To scare Greece, Merke...
01/26/2015
If you enjoyed reading the post please give it a LIKE, every little bit helps. Thank You. The wealthiest 80 people on the planet have a combined worth of $1.9 trillion, the same as the total wealth of the bottom half of the world's population; 3.5 billion people. The wealthiest 1% of the populati...
01/26/2015
 As you calculate your tax returns, be careful not to commit any of these nine home-related tax mistakes, which tax pros say are especially common and can cost you money or draw the IRS to your doorstep. Sin #1: Deducting the wrong year for property taxes You take a tax deduction for property tax...
01/22/2015
If you enjoyed reading the post please give it a LIKE, every little bit helps. Thank You. Over the last year jet fuel prices fell 23.5% but air fares only declined 4.7%! It's because fuel is only 26% of the cost of a ticket, and airlines hedge their fuel needs to guarantee price stability which p...
01/22/2015
If you enjoyed reading the post please give it a LIKE, every little bit helps. Thank You. Real median household income in the USA in 2013 was $51,939, up a microscopic $181 from 2012. Moreover, it's back to the level first achieved in 1989!  As a result the expected average household savings of $...
01/21/2015
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If you enjoyed reading the post please give it a LIKE, every little bit helps. Thank You. Well it has started, Closings delayed so buyers can take advantage of the new FHA savings. I cant say I blame them though it is a very good savings. It just a hard thing to tell sellers not this week but we'...
01/20/2015
If you enjoyed reading the post please give it a LIKE, every little bit helps. Thank You. In calendar year 2014, the budget deficit was $488 billion, $72 billion less than in 2013 and the smallest deficit since 2007. Since the start of 2010, revenues have risen from $2 trillion to $3 trillion, wh...
01/15/2015