Singles benefit more from housing tax credit – video
News video regarding home buyer tax credit.
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Tags: buyer, Housing, housing tax credit, single, singles, tax credit
News video regarding home buyer tax credit.
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Tags: buyer, Housing, housing tax credit, single, singles, tax credit
Homebuyers have 58 days to obtain a written, binding contract to qualify for the housing tax credits. First-time buyers and buyers who have not owned a primary residence for the past 3 years qualify for an $8,000 tax credit (or 10% percent of the sales price, whichever is less) so long as they are under [...]
Tags: $6500, $8000, $8000 tax credit, 6500 tax credit, Housing, housing credit extension, realtors, tax credit, worker homeownership and business assistance act of 2009
The IRS released its long awaited tax rebate form 5405 for buyers who closed on a home after November 6, 2009.
DHW asks: Will you use the new form 5405 to requisition your tax credit?
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Tags: $6500, $8000, form 5405, housing tax credits, irs, tax credit
Press release explaining housing tax credits benefits for the armed service, intelligence service and foreign service personnel (National Association of Realtors).
“SAN DIEGO – Nov. 13, 2009 – According to the National Association of Realtors@ (NAR), the recent homebuyer tax credit extension expands benefits for the U.S. military.
Armed service, intelligence service and foreign service personnel on [...]
Tags: $6500, $8000, armed services, foreign service, Housing, housing credit extension, intelligence service, tax credit, tax credit extension, worker home ownership and business assistance act of 2009, worker homeownership and business assistance act of 2009
Analysts are forecasting a slow winter for home sales. In addition to the bitterly cold weather much of the nation is encountering this season, experts feel the extended tax credits and slightly higher interest rates will keep home sales (and prices) on ice. Sales are expected to come back to life next spring.
DHW asks: Will [...]
Tags: home prices, home sales, Housing, interest rates, Real Estate, tax credit, winter
The National Association of Realtors reported its seasonally adjusted index of sales agreements inched up 3.7 percent from September to October to 114.1. Economists surveyed by Thomson Reuters predicted the index would sink to 109.5.
The housing industry’s index represents offers written and accepted for existing properties. All parts of the country saw a year-over-year increase [...]
Tags: $6500, $8000, housing credit extension, pending home sales, realtors, tax credit
A survey released last week by Move.com, a real estate website, shows 1 in 5 Americans plan on purchasing a home within the next year. The survey also revealed these buyers are most likely to be 34 years of age or younger and live in the South or West.
It should be noted this survey was [...]
Tags: $6500, $8000, $8000 tax credit, 6500 tax credit, 6500 tax credit extension, 8000 tax credit extension, americans, buyers, extension, home buyers, home sales, homebuyers, Housing, housing credit extension, housing news, housing report, Real Estate, real estate news, Sales, south, tax credit, tax credit extension, west, worker home ownership and business assistance act of 2009, worker homeownership and business assistance act of 2009
The Capital published an intriguing article addressing the potential side-effects of expanding the housing tax credits beyond first time homebuyers. The article raises some fair questions with regard to existing homes needing to be liquidated so that current homeowners can take advantage of the housing tax credits now afforded to them. The Capital article focuses on [...]
Tags: $6500, $8000, $8000 tax credit, 6500 tax credit, 6500 tax credit extension, 8000 tax credit extension, buyers, congress, extension, first time buyers, first time homebuyers, home buyers, home sales, home seller, homebuyers, Housing, housing credit extension, housing inventories, housing inventory, housing news, inventory, Obama, president barack obama, President Obama, Real Estate, real estate news, Sales, seller, tax credit, tax credit extension, The Capital, worker home ownership and business assistance act of 2009, worker homeownership and business assistance act of 2009
Lawrence Yun, chief economist for the National Association of Realtors, predicted on Friday that home prices will rise in 2010. If his prediction holds true, home prices will see their first increase in four years.
Yun pointed to the current price-income ratio of 2.4 as evidence of pent-up demand in the market. The price-income ratio accelerated [...]
Tags: $6500, $8000, $8000 tax credit, 2010, 6500 tax credit, 6500 tax credit extension, 8000 tax credit extension, buyers, extension, first time buyers, first time homebuyers, home buyers, home prices, home sales, home seller, home values, homebuyers, Housing, housing credit extension, housing news, housing prices, housing report, national association of realtors, price income ratio, Real Estate, real estate news, realtors, Sales, seller, tax credit, tax credit extension, us home prices, worker home ownership and business assistance act of 2009, worker homeownership and business assistance act of 2009
U.S. foreclosures sank for a third consecutive month in October, down 3% from the previous month. However, many feel this trend will not continue. Foreclosure notices were curtailed in many states due to temporary, legislative intervention. CNBC reported Nevada foreclosures “dropped 26 percent from the previous month because of new legislation requiring mediation before initiating [...]
Tags: $6500, $8000, $8000 tax credit, 6500 tax credit, 6500 tax credit extension, 8000 tax credit extension, arizona, Builders, buyers, california, employment, extension, fannie mae, first time buyers, first time homebuyers, florida, foreclosure, foreclosure news, foreclosures, freddie mac, guidelines, home buyers, home sales, home seller, home values, homebuyers, Housing, housing credit extension, housing news, housing prices, housing report, idaho, lender, loan, mortgage, nevada, Real Estate, real estate news, Sales, seller, short sale, state foreclosure, state foreclosures, tax credit, tax credit extension, unemployment, worker home ownership and business assistance act of 2009, worker homeownership and business assistance act of 2009