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Home Buyer Tax Credit Extension Likely
Written on 9 Oct, 2009 at 7:54 in Blog | viewed 143 views times and users have made 0 comments so far
Extending the First-Time Home Buyer Tax Credit, due to expire at the end of November, is high on the Democratic Congressional to-do list, legislative aides said. After Wednesday’s meeting with President Obama and House Speaker Nancy Pelosi (D-Calif.), Senate Majority... (Continue reading)
More Waiting in Store Before Prices Head Up
Written on 10 Sep, 2009 at 12:07 in News | viewed 281 views times and users have made 0 comments so far
Real estate forecasting service Local Market Monitor, which predicts housing market trends for investors and banks, forecasts that housing prices will decline an average of 5 percent through 2010. This prediction includes double-digit decreases in Phoenix, Miami, and Las Vegas.... (Continue reading)
“The First Time Home buyers Tax Credit of $8000 can be now used as a down payment.”
Written on 14 May, 2009 at 19:15 in Blog | viewed 334 views times and users have made 0 comments so far
Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, said that the Federal Housing Administration is going to permit its lenders to allow homeowners to use the $8,000 tax credit as a down payment. Donovan’s remarks came... (Continue reading)
REAL ESTATE STABILIZATION
Written on 13 May, 2009 at 17:17 in News | viewed 2,602 views times and users have made 0 comments so far
Price Stabilization Is First Step to Recovery Home prices must stabilize before the broader economy can turn around, a panel of housing and economic experts said yesterday at a real estate summit hosted by the NATIONAL ASSOCIATION OF REALTORS® as... (Continue reading)
San Diego Loan Limits Published
Written on 25 Feb, 2009 at 16:00 in Blog | viewed 215 views times and users have made 0 comments so far
NAR has been working in Washington DC to help the Federal Government structure the American Recovery and Reinvestment Act of 2009. As a result of its passage, today HUD published changes to FHA’s single family loan limits. San Diego County:... (Continue reading)
Final score: $8,000 for San Diego homebuyers
Written on 23 Feb, 2009 at 7:57 in News | viewed 257 views times and users have made 0 comments so far
There’s a nice windfall for some homebuyers in the economic stimulus bill awaiting President Obama’s signature on Tuesday. San Diego First-time buyers can claim a credit worth $8,000 – or 10% of the home’s value, whichever is less – on... (Continue reading)
Housing plan for San Diego Owner
Written on 19 Feb, 2009 at 18:31 in Blog | viewed 223 views times and users have made 0 comments so far
Obama’s housing plan means well in helping avoid further foreclosure to 9 million people who falls to 105 LTV. What does this mean to San Diego? Majority of the homeowner in San Diego are so upside down that the housing... (Continue reading)