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First-time Home Buyers Drive February Sales Existing-home sales increased in February, reversing losses in January, according to the latest report by the NATIONAL ASSOCIATION OF REALTORS®. However, sales activity remains relatively soft, reflecting ...[Read More]
Tax help for strapped homeowners Updated: 1/22/2009 Article ID: 5254 What is debt relief? This is a key part of the Treasury Department's plan to help homeowners caught in one of the nation’s worst real estate market downturns. It provides help ...[Read More]
Economic Market Pulse: Real Estate Data A look at the latest existing-home sales and pending home sales data from NAR. By Lawrence Yun | March 2009 Sales Spark Up Both existing-home sales and NAR’s forward-looking Pending Home Sales Index showed ...[Read More]
Stimulus Advances With Tax Credit Changes The $790 billion stimulus package hammered out by House and Senate conferees late yesterday increases the home buyer tax credit to $8,000, from $7,500, and drops the repayment feature for buyers who hold on to ...[Read More]
The House has finally passed a new Stimulus Package Designed to put the economy back on its feet. It now moves on to the Senate, where a vote is expected in the coming days. It provides billions in tax cuts and new spending. But one thing you won't ...[Read More]
Though there are a lot of bank-owned properties available these days, trying to buy one can be risky. With a conventional home purchase, you have all sorts of protections against being taken, but in a foreclosed deal, it’s buyer beware. Here’s ...[Read More]
If all home buyers become eligible for a tax credit without a repayment feature, it could result in an additional 555,000 home sales, enough to meaningfully draw down excess housing inventory, the NATIONAL ASSOCIATION OF REALTORS® says. An evaluation ...[Read More]
Staying warm doesn't have to cost a fortune. Here are some ideas from the U.S. Department of Energy for conserving heat and saving money. When the leaves start falling, you know that the heating bills are about to start rising. But keeping your home ...[Read More]
Refinancing now sounds appealing, but for lots of people, it isn’t all that easy. Applications for refinances tripled earlier this month after the Federal Reserve promised to buy up $600 billion of mortgage debt. And rates for 30-year fixed mortgages ...[Read More]
About one in 10 of the sellers we surveyed said they wished they had made more cosmetic changes to their home before putting it on the market. Even more of those who sold their homes for significantly less than the original asking price expressed that ...[Read More]
Washington, December 15, 2008 A federal mortgage interest buy-down program would help spark the housing market, the National Association of Realtors® said in a letter sent today to James B. Lockhart, chairman of the Oversight Board of the Federal Housing ...[Read More]
Fight Back Against Debt Collectors Reported by: John Matarese Email: jmatarese@wcpo.com Last Update: 11/19 7:57 pm Related Links Sample Letters and Phone Scripts It's happening to more and more of us in today's troubled economy: You receive a threatening ...[Read More]
H.R. 3221, the “Housing and Economic Recovery Act of 2008,” passed the House on July 23, 2008, by a vote of 272-152. On Saturday, July 26, 2008, the Senate passed the bill by a vote of 72-13. The President signed the bill on July 30, 2008. ...[Read More]
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