Piedmont, CA (PRWEB) July 23, 2014
Recently, REALTOR® Magazine interviewed top political strategists from both parties(1). Despite the rising animosity between the parties, the one thing both gentlemen agree upon is the importance of home ownership for a recovering economy.
The economy – especially the federal deficit – is a key point of contention in Congress. Possible measures Congress could take towards resolving economic issues include revisions to the tax code as well as reforms to the secondary mortgage market – both critical to the real estate industry.
“Both Republican Steve Schmidt and Democrat David Plouffe believe that there will continue to be a tax benefit to home ownership,” commented Anian Tunney, a Piedmont, CA real estate agent broker. “Because the value of home ownership can seem too intangible, or long term, especially for first time home buyers, the tax benefit of purchasing over renting can provide a significant incentive,” continued Tunney.
Incentive is important as inventory continues to be scarce and prices increasing. Homes for sale in Piedmont, including 87 Sea View Avenue, offered at $5,250,000, and 6 King Ave, also in Piedmont,for $4,950,000, tend to be rare and very high end – making the tax credit on interest payments extremely important to purchasers.
One of those “intangible” benefits of home ownership is the feeling of stability and connectedness with the community. While many first time buyers are not looking for permanence, establishing a career frequently requires multiple moves; most people do reach a point where they want to establish themselves in a single location. These buyers are looking for what Tunney refers to as “forever homes.” Homes such as 2063 Oakland Avenue – offered at $2,950,000, which go multiple decades between sales, is just such a home for sale in Piedmont.
“That Democrats and Republicans agree that home ownership is critical tells me that changes made towards strengthening the economy will continue to encourage and support home buyers,” concluded Tunney.
About Anian Tunney, Broker Associate
Anian Tunney is an agent broker with The Grubb Company. According to statistics collected by East Bay Regional Data, Inc., she was the 2013 number one real estate agent in Piedmont, CA for the number of units sold and sales volume. Additionally, Tunney is always in the top two in yearly real estate sales for The Grubb Company’s Piedmont, office. She is known for her knowledge, experience, and network in the Piedmont community - qualities which are invaluable for finding that special home or buyers for her clients.
A fifth generation Piedmont resident, Tunney has been with the Grubb Company for over 30 years. She raised her family of four in Piedmont and is active in community projects such as the Piedmont Beautification Foundation, the East Bay Museum Auxiliary, and the Piedmont school district. Her grandmother, Amy Sutton, was a real estate agent, and now Anian works with her daughter Adrienne Krumins, making Piedmont Realty truly a family vocation. Tunney negotiates with grace and clarity of purpose. She can be contacted at 510-339-0400 ext 217, and at tunney(at)grubbco(dot)com. Her website is aniantunney.com.
The Grubb Company Real Estate Brokers
Oakland, CA 94611
510-339-0400 ext 217