Home sales plummet 25%
November 11th, 2010
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Any possible housing market recovery hit a snag during the three months ended September 30, as a government tax credit for homebuyers wound down.
Archive
Posts Tagged ‘Tax Credit’
Homebuyer tax credit: 950,000 must repay
September 9th, 2010
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Nearly half of all Americans who claimed the first-time homebuyer tax credit on their 2009 tax returns will have to repay the government.
Homebuyer credit extension heads to Obama
July 1st, 2010
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First-time homebuyers will have until Sept. 30 to close on their purchases and land an $8,000 tax credit under a bill passed by the Senate late Wednesday.
Scamming the system for $8,000 tax credits
June 25th, 2010
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Some homebuyers are angling to claim the $8,000 tax credit even though they missed the deadline.
200,000 could lose out on homebuyer tax credit
June 24th, 2010
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Nearly 200,000 homebuyers could lose out on the $8,000 tax credit because they can't get deals done by the June 30 deadline.
Chase hiring 1,200 to process home loans
June 24th, 2010
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Several banks are gearing up to do a whole lot more mortgage lending in the future.
New home sales soar 15% in April
May 26th, 2010
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New home sales soared in April as homebuyers rushed to claim the tax credit that expired at the end of the month.
Categories: Economy, Interest Rates, Mortgage's, Refinance April, Homebuyers, New Home Sales, Soar, Tax Credit
Existing home sales soar in April
May 24th, 2010
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Existing home sales soared in April as home buyers scrambled to claim the tax credit that expired at the end of the month, according to a real estate industry report released Monday.
Categories: Economy, Interest Rates, Mortgage's, Refinance April, Existing Home Sales, Home Buyers, Real Estate, Soar, Tax Credit
Housing market diagnosis: Bipolar
May 18th, 2010
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Bipolar is what comes to mind when diagnosing the post-homebuyer tax credit market. There are two separate forces pulling it in opposite directions, and experts aren't yet sure which path the market will take.
Categories: Economy, Interest Rates, Mortgage's, Refinance Bipolar, Credit Market, Diagnosis, housing market, Path, Tax Credit
No ‘frenzy’ to beat homebuyer tax credit deadline
April 29th, 2010
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The $8,000 homebuyer tax credit has had an impact: Reports from around the nation are that contract signings have been way up the past few weeks as people prepare for the credit to expire on Friday.