Governor extends $10,000 tax credit to first-time home buyers
Gov. Arnold Schwarzenegger signed a bill extending a $10,000 state tax credit for first-time homebuyers! Homebuyers can claim 5 percent of the purchase price against their California taxes, or up to $10,000.
The governor signed a bill the state Legislature passed on a bipartisan vote earlier this week. It provides a state tax credit to first-time homebuyers who buy new or existing homes from May 1 until the end...
The Home Price Index Shows Home Values Increasing. Case-Shiller Agrees
The Home Price Index Shows Home Values Increasing. Case-Shiller Agrees.
It's official -- home prices are no longer in free fall.
According to the Federal Housing Finance Agency, the Home Price Index posted its first quarterly increase since 2007 last quarter.
The news was ...
Existing Home Sales Blow Past Expectations
Existing Home Sales Blow Past Expectations
Another month, another piece of evidence that the housing market is in recovery.
Existing Home Sales surged in October as the nation's homebuyers took advantage of low mortgage rates, low list prices, and, for some, a generous tax credit.
A conforming mortgage is one that, qui...
For the...Real Estate Training with Coach Tom Ferry…What is it really all about?
I just left the design the Decade Ahead summit this week and was asked by many of the participants there who were thinking about joining the coaching program, what real benefit is there to doing it?
I think anyone who has heard Coach Tom Ferry speak can tell you he is energetic, passionate, sincere, caring a...
Home Buyer Tax Credit Extended, Expanded!!!
As it now stands, the federal tax credit will be extended through April 30, 2010, with a 60-day extension if a binding contract is in place prior to the deadline. First-time home buyers will continue to be eligible for a tax credit of up ...
List/sale price gap diminishes
List/sale price gap diminishes
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Weekly Real Estate Report
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Buyer Hesitation Begins ot DissolveAfter four years of declines, home sales finally appear to be turning around. Closed sales, which have risen three straight months, and pending contracts, up for five straight months, are at levels above normal spring and summer increases. ... Heated First - Time Buyer Market Changes Strategies for Buyers and Sellers
Heated First-Time Buyer Market Changes Strategies for Buyers and Sellers US home prices are up two months in a row,says the Federal Housing Finance Agency,overseer... Case-Shiller index improves for sixth consecutive month
Although still in negative territory, the annual rate of home-price decline improved last month in the 10-City and 20-City Composites tracked as one of the S&P/Case-Shiller Home Price Indices released yesterday. The 10-City and 20-City Composites declined 12.8 percent and 13.3 percent, respectiv... Quick Real Estate Facts:Existing, single-family home sales increased 9 percent in August to a seasonally adjusted rate of 526,970 on an annualized basis. Green Tip of the Week: Whole Foods accepts #5 plasticsGreen Tip of the Week: Whole Foods accepts #5 plastics Fed leaves key interest rate unchanged, cites improvement in housingThe Federal Reserve this morning announced it will maintain its target for the federal funds rate in the 0 percent to 0.25 percent range, and expects economic conditions to warrant exceptionally low levels of the federal funds rate for an extended period of time. “Information . . . suggests that economic ac... Tax Credit Ends November 30th$8,000 First Time Homebuyer Tax Credit Ends November 30th Earlier this year, the Secretary of the Department of Housing and Urban Development (HUD) announced that homebuyers wou... Many underwater homeowners are deliberately walking away from mortgagesA study finds that 26% of the defaults across the country are calculated economic decisions to bail out of loans by borrowers who could afford to make the monthly payments. Market Update From Jack Bitton
Market Update Narrative - Housing sales are climbing. The National Association of Realtors® reported the largest jump in pending sales in nearly 8 years... Continue Reading | Permalink | Email to Friend | Comments[0] What’s With All the Moaning About Home Appraisals?Lately, mortgage brokers, builders, real estate agents and others in the housing business have been moaning about appraisals. On Tuesday Multiple Offers Are Back! Believe it or not-Now is the time to SELL!NOW IS THE TIME TO SELL! LET ME TELL YOU WHY! ... Market Update From Jack BittonMarket Update Narrative - Home ownership in Market Update From Jack Bitton
Market Update Narrative - Home ownership in California has reached unprecedented near-term affordability, and... More homeowners turning to reverse mortgagesTo read the full story, ... Why credit lines are drying upHome equity lines of credit (HELOCs) have traditionally been popular financial tools with homeowners, as these lines of credit serve as a fallback and in many cases replaced savings accounts. Market Update from Jack BittonMarket Update - with a new stimulus package of $787 billion to spend, the Obama administration is spreading the wealth over multiple economic sectors in hopes that at least one will ignite a recovery. Top Moving TipsTop Moving Tips First-Time Homebuyers' Tax CreditHere is a great article from today’s Continue Reading | Permalink | Email to Friend | Comments[0] Market UpdateSouthern California Home Price Declines Bring Back Pre-Boom Affordability - For The Full Report Click The Link Below:
Continue Reading | Permalink | Email to Friend | Comments[0] NAR Explanation of the Stimulus Bill
This link will take you to NAR's explanation of the major real estate related features of the Stimulus bill. TIME ON THE MARKET!!!Statistics have shown that inevitably, agent and buyer interest grows as soon as a home is placed on the market, peaking somewhere around the fourth to fifth week. A marketing plan that is pro-active is an essential part of obtaining a home sale that t... The Sale Offer!A Quick Overview 1. The purchase offer is typically written by an agent who represents the buyer’s best interests. 2. Your agent w... FSBO - The market knows your home's value....The market knows your home's value, do you?
Interview questions to ask Agents!A SELLERS GUIDE to interviewing a Real Estate Agent to sell your property. Choosing the right Realtor for your home sale can be very confusing. Exposing Your Home on the Internet!YOU NEED TO HAVE THE BEST!!!!! All real estate agents should find out what today’s home ... Paint and Carpet Fact!THE FACT OF THE MATTER #2 PAINT AND CARPET FACT Paint is y... Price Fact!Prepare Your Home!Why should you spend the time and effort to prepare your home BEFORE placing it on the market?
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