Home sales jump in October, beating expectations
WASHINGTON — First-time buyers taking advantage of a special tax credit gave sales of existing homes in October their biggest surge in a decade, raising hopes for a turnaround in the housing market and pleasing Wall Street.
While rising foreclosures and disappearing jobs still threaten the comeback, there are bidding wars for houses in some cities, ...
Recently selected by Money magazine as the "hottest place to live in the Midwest for cities under 100,000," Woodbury is also an ideal location for business. As one of the fastest growing and most vibrant communities in the Midwest, Woodbury is home to a vast pool of skilled and educated workers. It also offers an impressive inventory of commercial and industrial properties available for development.Bordered ...
EXPANSION SUCCESS
Congress and President Obama passed both an extension of the $8,000 First Time Homebuyer Tax Credit and added a REALTOR® supported $6,500 Homebuyer Credit for citizens who have lived in their home for 5 consecutive years in the past 8 years.
Passing the law is great for real estate through April 30th, 2010. It is anticipated that the Congress will not continue this program after ...
Senate expands homebuyer tax credit
WASHINGTON — Buying a home is about to get cheaper for a whole new crop of homebuyers — $6,500 cheaper.
First-time homebuyers have been getting tax credits of up to $8,000 since January as part of the economic stimulus package. But with that program scheduled to expire at the end of November, the Senate voted 98-0 Wednesday to extend and expand ...