Home Price Decline Slows In February Per Case-Shiller
Home prices continued to fall in February, although at a slower pace than in January, according to Standard & Poor's Case-Shiller Index which tracks home prices for single-family homes.
“While the declines in residential real estate continued into February, we witnessed some deceleration in the rate…
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Apr 28, 2009
New Home Sales Fall 0.6 Percent In March
Yesterday I blogged that sales of existing homes fell 3 percent last month. Sales of new homes also fell. HUD and the Census Dept. released this info today:
Sales of new one-family houses in March 2009 were at a seasonally adjusted annual rate of 356,000, according to estimates released jointly today…
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Apr 24, 2009
Fewer Homes Sell In March, NAR Says
Sales of existing homes fell by 3 percent in March from February, the National Association of Realtors announced today. They fell by 7.1 percent compared with March 2008. On a seasonally adjusted basis, 4.57 million existing homes were sold in March, down from 4.71 million in February and 4.92…
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Apr 23, 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
Beware of IRS’ 2009 “Dirty Dozen” Tax Scams
As that April 15 tax deadline edges closer and closer, the IRS has released a list of top tax scams to watch out for. Whether you've already sent off your return or you're one of the last minute filers, make sure you don't get trapped by any of these scams:
Beware of IRS’ 2009 “Dirty Dozen” Tax Scams…
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Apr 13, 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
Home Prices Decline 19 Percent In January
Existing home prices for 20 cities fell 19 percent in January compared with a year earlier, according to the Standard & Poor's Case-Shiller Index released today.
Fourteen of the the 20 localities showed declines greater than 10 percent in home prices. Nine of them declined by more than 20 percent.
The…
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Mar 31, 2009
Second Home Sales Decline in 2008
In 2008, second home sales, among new and existing home sales, declined by more than 30 percent from 2007, announced the National Association of Realtors today.
In many cases, second home buyers who bought vacation or investment properties paid cash. NAR stated that 4 in 10 investment property buyers…
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Mar 30, 2009