A gauge of future U.S. home sales rose more than expected in July 2009 to the highest level in more than two years as first-time buyers rushed to take advantage of a tax credit that expires this fall.
The National Association of Realtors recen...
Point2 Technologies Inc. has released its Real Estate Confidence Index (RECI) survey report for the month of August 2009. The RECI extended its upward move for the third consecutive month but remained marginally in positive territory, recording...
The atmosphere is electric, the deals can be dazzling, and the process can turn a bidder into a home buyer seemingly in a matter of minutes.
But as interest in real estate auctions grows, bidders are finding out it pays to read the fine print,...
The weekly average rate borrowers were quoted for 30-year fixed mortgages decreased last week to 5.17%, down from 5.19% the week prior. Rates for 15-year fixed mortgages fell to 4.57% from 4.59%, and 5-1 adjustable rate mortgages remained flat ...
Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors®.
The Pending Home Sales Index, a forward-loo...
Home sales increased 12% in July 2009 in California compared with the same period a year ago, while the median price of an existing home declined 19.6%, the California Association of Realtors® recently reported.
“The federal tax credit for ...
Although there hasn’t been much hype surrounding these credits and deductions-all increased or expanded by federal stimulus bills passed this year and last year-retailers say sales of new, energy-efficient products are beating expectations in...
With the first-time home buyer’s tax credit in full effect, younger buyers are taking the opportunity to enter the real estate market.
Agents are finding that they must consider the first-time home buyers’ unique needs and adapt to this ne...
To help create jobs and set the stage for a strong recovery, the National Association of Home Builders (NAHB) called on Congress to extend and enhance the $8,000 first-time home buyer tax credit due to expire on December 1.
Specifically, NAHB ...
