Sales of newly constructed homes fell 3.6% in September, after five months of gains, according to a government report.
NEW YORK (CNNMoney.com) — Sales of newly built homes fell unexpectedly in September after rising for five straight months, according to government figures released Wednesday.
The Commerce Department said new home sales fell 3.6% to a seasonally-adjusted annual [...]
Suprise Drop In New Home Sales
Questions & Answers The Home Buyer Tax Credit Extension
The Obama administration blessed the proposed extension of the $8,000 tax credit for first-time home buyers on Thursday as the Senate neared a compromise that would extend the credit to more potential buyers.
Here’s a primer on who might be able to get the expanded credit, and what it might do for the housing market:
Who gets [...]
Changes For The First Time Home Buyers Tax Credit 11-5-2009
Senate leaders released more details about their compromise on the home buyer tax credit today. Among other things, the deal would give the IRS more authority to spot cheaters in advance and set an $800,000 price limit on all homes eligible for the credit.
The existing $8,000 tax credit for first-time home buyers (meaning those who [...]
First Time Home Buyer Tax Credit Has Been Extended
A new Senate proposal will offer a first time home buyer tax credit extension to homes under contract by April 30, 2010. The former deadline was November 30, 2009. The home buyer tax credit will also be offered to people who have lived in the same home for five years, according to the proposal, which [...]
Welcome to the bottom: Housing begins slow recovery
Welcome to the bottom: Housing begins slow rebound
Housing begins to reverse 3-year recession in every US region, but 2nd half looks rocky
By Adrian Sainz, David Twiddy, Daniel Wagner, Alex Veiga, Associated Press Writers
On Sunday August 2, 2009, 5:26 am ED
It was — note the past tense — the worst housing recession anyone [...]