According to the National Association of Realtors, November home sales skyrocketed 7.4 percent. Analysts were predicting an increase of 2.9 percent. The housing tax credits are credited with the spike in sales.
There are 129 days until the housing tax credits run out. For more details about the housing tax credits, visit our Housing Tax Credit page.
DHW asks: Do you think homes sales will continue to exceed expectations?
Tags: bill h.r. 3548, bill hr 3548, home sales, Housing, housing tax credits, realtors, worker homeownership and business assistance act of 2009
Posted in H.R. 3548 Worker Homeownership and Business Assistance Act of 2009, Housing, home sales, housing tax credits, realtors | 1 Comment »
DesperateHouseWise.com added a new page to its site. Modification Center offers helpful information for homeowners seeking a loan modification or refinance. Find information about Making Home Affordable and local foreclosure prevention events. You can even find a free, HUD-approved housing counselor.
DHW also added Housing Tax Credits. This page provides in-depth information regarding the recent extension and additions to the housing tax credits.
DHW asks: Have you applied for a loan modification? How was your experience?
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Posted in Housing Article, foreclosure prevention, housing counselor, housing tax credit, housing tax credits, loan modification, loan modification center, making home affordable, refinance | No Comments »
President Obama signed bill H.R. 3548, extending unemployment benefits for all states and extending the $8,000 Tax Credit for first home buyers. The bill also creates a $6,500 tax credit for those home buyers who have owned their current primary residence for at least 5 years. See ‘Housing Tax Credits’ for more details. You can also see how congress voted.
Remember: The $6,500 tax credit took effect when the President signed the bill.
DHW asks: Will this encourage you to buy a home?
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Posted in $6500, $8000, Housing Article, President Obama, housing tax credit, housing tax credits | No Comments »
GovTrack, a self-described nonpartisan website, released Congressional votes on bill H.R. 3548 Worker, Homeownership, and Business Assistance Act of 2009.
See how Congress voted.
Tags: $6500, $8000, $8000 tax credit, 6500 tax credit, 6500 tax credit extension, 8000 tax credit extension, bill h.r. 3548, Builders, buyers, congress, extension, first time buyers, first time homebuyers, govtrack, h.r. 3548, home buyers, home sales, home seller, homebuyers, Housing, housing credit extension, housing news, housing report, hr 3548, Real Estate, real estate news, tax credit, tax credit extension, worker home ownership and business assistance act of 2009, worker homeownership and business assistance act of 2009
Posted in H.R. 3548 Worker Homeownership and Business Assistance Act of 2009, Housing Article, congress, housing tax credits | No Comments »
President Obama is scheduled to sign bill H. R. 3548, extending unemployment benefits to all states. When signed, the bill will also extend the $8,000 tax credit for first time home buyers as well as initiate a new $6,500 tax credit for those home buyers who have owned a primary residence for at least 5 years.
On Thursday, the National Association of Realtors released detailed guidelines and a Frequently Asked Questions brochure for the tax credits. The new $6,500 tax credit takes effect the day the President signs the bill.
DHW asks: Do you think the new $6,500 tax credit will help boost real estate sales?
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Posted in $6500, $8000, H.R. 3548 Worker Homeownership and Business Assistance Act of 2009, Housing Article, housing credit extension guidelines, housing tax credit, housing tax credits, unemployment | No Comments »
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