NCJAR News
Registration Closed – Women’s Build Day is Full
Thank you for your overwhelming support and enthusiasm for NCJAR’s participation in Habitat for Humanity’s Women’s Build on Monday, May 12, 2025.
We are no longer accepting registrations, as all volunteer spots have been filled. We’re grateful to everyone who signed up—we look forward to a powerful day of service, teamwork, and community impact.
Stay tuned for more volunteer opportunities in the near future!
#NCJAR #WomensBuild2025 #ThankYouVolunteers #CommunityInAction
For many homeowners, tax season can bring more than just paperwork—it can also bring valuable savings. One of the most significant financial perks of owning a home is the mortgage interest deduction, which can help reduce your taxable income and, in turn, your overall tax bill. Whether you're a current homeowner or planning to buy, understanding how this deduction works can lead to smarter financial decisions.
What Is the Mortgage Interest Deduction?
The mortgage interest deduction allows you to deduct the interest paid on a qualifying home loan from your taxable income. This means you may owe less in taxes simply by owning your home. It’s one of several financial advantages of homeownership—especially appealing for those transitioning from renting or evaluating the cost-benefit balance of buying.
Who Is Eligible?
To take advantage of the mortgage interest deduction, you’ll need to itemize deductions on your tax return instead of claiming the standard deduction. Additionally, your mortgage must meet IRS requirements:
- The loan is $750,000 or less (for most taxpayers).
- It must be secured by a primary or secondary residence.
Keep in mind, the decision to itemize depends on multiple factors like local property taxes, HOA fees, and other deductible expenses. For some homeowners, especially those with smaller mortgages or lower property taxes, the standard deduction might offer greater savings.
An Invitation to Serve, Build, and Empower TogetherThank you to everyone who joined us for our recent webinar, "Trends in the Real Estate Market." This insightful session explored the ever-evolving landscape of the real estate industry, focusing on how today’s buyers and sellers are reshaping the market—and what that means for agents and brokers alike.
Understanding Today’s Housing Consumer
The real estate market is in constant flux. Buyer preferences, lifestyle needs, and search behaviors are transforming the way homes are bought and sold. During the session, we examined how affordability challenges and inventory shortages are influencing decisions, pushing many buyers to adopt creative strategies to achieve homeownership.
Additionally, we explored the changing demographics of today’s housing consumers. From multi-generational living arrangements to remote work setups, buyers are prioritizing flexibility, function, and long-term investment in their home choices. We also discussed how these shifts are redefining the relationship between clients and their agents—demanding deeper insights, stronger communication, and data-driven guidance.
