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Congress set to expand homebuyer tax credit

WASHINGTON – Buying a home is about to get cheaper for a whole new crop of homebuyers — $6,500 cheaper. First-Time Homebuyers have been getting tax credits of up to $8,000 since January as part of the economic stimulus package…
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Suprise Drop In New Home Sales

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…
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High offers offset by low appraisals?

High Offers Offset By Low Appraisals – Fair And Balanced? Or Unfair? With the amount of offers coming in on REO properties(Bank Owned Properties), there has been a new trend among buyers. The trend is to just offer as high…
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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…
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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…
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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…
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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,…
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