Tag Archive | “homebuyer tax credit”
Psychoanalyzing Sellers
How real estate has changed in just a few months! For six years, real estate professionals have struggled to get buyers back into the market with advertising campaigns, incentives, and the willingness to suffer social abuse for proclaiming the housing depression to be a great time to buy a home.
Continue reading…Rising Values Push Nearly One Million Homeowners Above Water
Sunday, August 5, 2012
The number of homeowners who owe more in their mortgages than they are worth fell by 5.8 percent in the first quarter and nearly a full point from a year ago as rising values pushed nearly three quarters of a million homeowners into the black in the first quarter, and today the total may exceed one million.
Continue reading…Fannie and Freddie Trump Homebuyer Tax Credit
Friday, October 22, 2010
Keeping Freddie and Fannie solvent has cost taxpayers six times as much as the homebuyer tax credit and, depending on the economy, could just about equal the cost of mortgage interest deduction over the next two years, according to projections released yesterday by the Federal Housing Finance Administration.
Continue reading…Did Too Many FHA Buyers “Borrow Forward?”
Monday, October 11, 2010
Will the newly imposed changes to the FHA loan program, which finances one out of every three residential transactions in America, cause another drop to home sales?
Continue reading…Move-up Buyers Claim One Third of Tax Credits
Wednesday, September 8, 2010
Preliminary reports indicate that more existing homeowners than expected took advantage of the homebuyer tax credit to help buy a new home this year.
Continue reading…Tax Credit Talk Splits Real Estate Community
Tuesday, August 31, 2010
HUD Secretary Shaun Donovan created turmoil in the real estate industry when he said on CNN Sunday that a restoration of the homebuyer tax credit is “not off the table” and that it is “too soon to say” whether the administration’s credit tax credit, which expired April 30, will be revived.
Continue reading…Donovan Floats Tax Credit Balloon
Monday, August 30, 2010
After admitting twice that the July home sales numbers released last week were “clearly worse than we expected,” HUD Secretary Shaun Donovan did not rule out the prospect that the Administration will revive the homebuyer tax credit that expired April 30.
Continue reading…Tax Credit Temporarily Checked Falling Home Values
Monday, August 9, 2010
Though home values in the United States continued to decline in the second quarter of 2010, the percentage of single-family homeowners with mortgages who are underwater fell to 21.5 percent from 23.3 percent in the first quarter and 23 percent one year ago., according to the Zillow Real Estate Market Reports.
Continue reading…Prices Rise 7.9 Percent
Thursday, August 5, 2010
Despite reports that sellers were dropping prices following the expiration of the homebuyer tax credit April 30, a new national report found that prices rose an average of 7.9 percent in the second quarter over the first, though price increases on listings slowed in June.
Continue reading…
Wednesday, March 13, 2013
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