71 Percent Of Americans Say Now Is Time To Buy According To Gallup Poll
A majority of Americans, 71 percent, say now is a good time to buy a house, according to an April Gallup poll.
This is up 18 percentage points from a year ago and the highest level of housing-purchase optimism in four years.
However, sluggish home sales across the country mean that Americans aren't…
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May 13, 2009
Today on the Ilyce Glink Show - May 10, 2009
Happy Mother's Day to tall of the moms, aunts, grandmothers, sisters, and daughters listening to the Ilyce Glink show. I hope this Mother's Day is a good one for you.
Because it's Mother's Day, I'll make these show notes short and sweet. On the show today, I talked at length about the Ilyce Glink…
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May 10, 2009
Treasury Secretary Geithner's Statement On Bank Stress Test Results
Statement from U.S. Treasury Secretary Timothy Geithner:
This afternoon, the Federal Reserve and the national banking agencies released the results of the stress tests - the most comprehensive, forward looking review of our nation's largest banks ever undertaken. These tests will help ensure that…
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May 7, 2009
Pending Home Sales Rise in March
Pending home sales rose 3.2 percent in March, the National Association of REALTORS announced today. NAR's Pending Home Sales Index tracks home sale contracts that buyers sign.
Lawrence Yun, NAR chief economist, said it should take a few months for the market to gain momentum. “This increase could be…
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May 4, 2009
5 Ways to Know the Real Estate Market is Improving
My mother said something interesting to me the other day. She said, "The Realtors in my office are much busier than they were two months ago. They're doing real deals."
This would be just another one of those passing comments except that my mother works for the top Baird & Warner office in downtown…
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May 1, 2009
Don't Miss First Time Home Buyer Tax Credit
First-time home buyers, pay attention! If you buy a new home in 2009, and close on or before December 1, 2009, you may qualify for an $8,000 tax credit.
The National Association of Home Builders has created a number of resources to help Americans understand current conditions in the housing market…
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Apr 13, 2009
Last Minute Tips from the IRS for a Successful Tax Filing
If you haven't begun the process of filing your federal and state (if you are required to do so) income tax form, it's time to get moving. There are just five days left until the April 15th deadline, and you may not get a lot done around the Easter or Passover holidays. Today, the IRS offered some…
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Apr 10, 2009
File for an Extension if You're Filing Taxes Late
The 2009 tax countdown continues: There's just one week left to file your federal and state income taxes. I remember spending countless years at WGN-TV, filing story after story about people who were finding new ways to procrastinate doing their taxes. The year that efile was introduced, I remember…
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Apr 8, 2009
Homes Become More Affordable - But Will People Buy?
More Americans can afford to buy a $200,000 home, at least on paper.
The National Association of Home Builders announced today that 55 million families can afford a $200,000 home when you take into account their incomes, home prices and mortgage interest rates. That's up from about 38 million…
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Apr 7, 2009
Ilyce Glink Show Notes - March 29, 2009
Early in today's show, I took a call from Mike who said he had filed for bankruptcy 9 years ago, amid a tough and expensive divorce battle and custody fight. He managed to re-establish his credit, but had rebuilt his credit card debt to about $30,000.
He's working three jobs (he said he has no…
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Mar 29, 2009