Mortgage Overhaul & What it Means for You By the time you are reading this, the new 2300 page financial reform bill is likely to be making the headlines. The Senate has already approved the new bill and President Obama is expected to sign it into law this week ..despite the fact that many of… Read More
International Investors Want US Homes
July 11, 2010 By 2 Comments
International Investors Want US Homes According to the National Association of Realtors 2010 Profile of International Home Buying Activity, international home buyers are increasingly attracted to property in the US Several factors, including the strength of the dollar, the value and desirability of US real estate, and the emerging economic recovery, continue to drive international… Read More
Housing Market Improving
July 11, 2010 By 1 Comment
Housing Market Improving The housing market has improved in the last two years to the extent that John Burns Real Estate Consulting sees the market as possibly approaching the beginning of its next up cycle. Three factors needed for such a transition include demand, supply and investment, as the firm noted in a March 2008… Read More
Home Buyers Could Get More Time For Tax Credit
June 16, 2010 By Leave a Comment
Home buyers could get more time for tax credit First-time home buyers looking to land an $8,000 federal income tax credit may have a little more time to close on their purchases if a Senate amendment unveiled Thursday makes it into law. As it stands now, home buyers must have signed contracts by April 30… Read More
Are We Having A Housing Shortage
June 15, 2010 By Leave a Comment
Is a housing shortage coming? If shrugging off the worst housing crash since the Great Depression, it is not hard enough, you have to brazen for a housing shortage. Just 672,000 new homes were started in April, less than half the long-term run rate needed to meet the nation’s natural population growth. “It is ironic,… Read More
