Topic Page: National Association Of Realtors
Only agents who are members of the National Association of Realtors can be called Realtors. Find data and statistics from the National Association of Realtors and learn about buying or selling a home with a Realtor.
$8,000 First Time Home Buyer Tax Credit To Be Extended and Expanded
**$8,000 First Time Home Buyer Tax Credit To Be Extended and Expanded**
First time home buyers and others can celebrate soon. There's movement to extend and expand the first time home buyer tax credit. But wait, there's more. The new and improved home buyer's tax credit will be expanded to include higher income earners and existing home owners. The fragile real estate may have hit a jackpot as the expanded and improved tax credit was surely supported by the real estate industry and residential mortgage brokers. It's the new and improved home buyer tax credit.
Posted on:
Oct 29, 2009
$8,000 First Time Home Buyer Tax Credit Will Expire December 1, 2009, Will It Be Extended
Will the $8,000 first time home buyer tax credit be extended? This and other questions about the first time home buyer tax credit are on the minds of home buyers as they try to figure out the best deal in the housing market. Should a daughter buy a house from her parents or should she use a quit claim deed? There are income restrictions and rules against buying from relatives under the first time home buyer tax credit regulations. How long do first time home buyers have left to find a house before the deadline to take advantage of the first time home buyer tax credit?
Posted on:
Sep 3, 2009
Homeowners Show Optimism In the Future of Housing Market
Homeowners show optimism in the future of housing market, even if the statistics don't show the same, according to the latest Homeowner Confidence Survey from Zillow. Sixty percent of all homeowners believe their own home lost value over the past 12 months, in reality 83 percent of U.S. homes declined in value. Eighty-one percent of homeowners believe their own homes’ values will not decline over the next six months. Homeowners in the South are the least realistic about their own homes‘ values, while homeowners in the West are the most realistic.
Posted on:
Aug 18, 2009
Home Prices Decline While Existing Home Sales Rise
Home prices decline while existing home sales rise slightly in the second quarter. Median home prices fell 15 percent from a year ago, thanks to home prices going down due to foreclosures and short sales. According to the latest survey out from the National Association of Realtors, existing home sales are up 3.8 percent from the first quarter. Home sales rose due to lower median home prices, the first time home buyer tax credit and lower interest rates.
Posted on:
Aug 12, 2009
Proposed Legislation Would Expand Home Buyer Tax Credit
US Senator Johnny Isakson, R-Ga., introduced legislation that would expand the first-time home buyer tax credit to include all home buyers, and increase the credit the $15,000. The legislation proposed by Isakson to increase the home buyer tax credit also removes income limits and closing deadlines.
Posted on:
Jun 11, 2009
New Guidance from HUD: Use $8,000 tax credit toward FHA loan costs
This morning, HUD Secretary Shaun Donovan announced a new program that will allow first-time buyers to use the $8,000 tax credit toward FHA loan costs, rather than wait to file their 2009 tax returns (in 2010) to get the cash. We've published the Shaun Donovan HUD statement and the FHA Mortgagee Letter that describe the program on the ThinkGlink.com website.
Posted on:
May 29, 2009
Housing Market Data Shows Housing Crisis Ongoing
How is the housing market doing in spring 2009? Is the housing crisis coming to an end as some people suggest? While housing market data provided by groups such as the National Association of REALTORS may be less bad than it used to be, the real estate market has yet to rebound. It would take more than 10 months to sell all of the housing inventory that's currently on the housing market. Find out some signs that would show the bottom of the housing crisis.
Posted on:
May 28, 2009
Existing Home Sales Rise 2.9 Percent From March
It's funny. This morning I went to check the Web site of the National Association of Realtors for the latest numbers for existing home sales and they hadn't been posted yet. Then after I finished the other two blogs just now, it magically appeared. Anyway...
Existing home sales increased 2.9 percent…
Posted on:
May 27, 2009
State Home Buying Incentives You Can Bank On
By now you should have heard about the $8,000 federal tax credit for first time home buyers, including those who haven't owned a home in the last three years.
Many states now offer state-level programs as well. Here's some information on them:
California - New-Home Buyer Tax Credit
$10,000 or 5…
Posted on:
May 13, 2009
