10/9/2009 4:34:00 PM
Aides: Home Buyer Tax Credit Extension Likely
Aides: Home Buyer Tax Credit Extension Likely Extending the First-Time Home Buyer Tax Credit, due to expire at the end of November, is high on the Democratic Congressional to-do list, legislative aides said. After Wednesday’s meeting with President Obama ...
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10/9/2009 4:30:00 PM
Zillow, Trulia See Price Cuts
Zillow, Trulia See Price Cuts Real estate Web sites Zillow and Trulia continue to see price cuts by home sellers in apparent efforts to attract buyers during a slower part of the year for house sales. The listing prices of more than 25 percent of homes on ...
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8/31/2009 2:47:00 PM
First-Time Buyer Tax Credit Extension Possible
First-Time Buyer Tax Credit Extension Possible Bills to extend the maximum $8,000 tax credit for first-time home buyers, which expires Nov. 30, are pending in both the U.S. House and the Senate. Sen. Christopher J. Dodd, a Connecticut Democrat and chairman ...
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8/31/2009 2:42:00 PM
Dallas Fed Chief Says Worst is Over
Dallas Fed Chief Says Worst is Over The recession is over and the economy is no longer in freefall, says Richard W. Fisher, president and chief executive of the Federal Reserve Bank of Dallas. Fisher says the worst is certainly over for the residential housing ...
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8/31/2009 2:38:00 PM
Survey: People Moving for Happier Reasons
Survey: People Moving for Happier Reasons People have gone back to moving in hopes it will improve their lives rather than moving to escape foreclosure or other aspects of the economic crisis, according to a survey of recent movers released this month by Relocation.com ...
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8/31/2009 2:33:00 PM
Now Is the Time to Buy in Real Estate
Now Is the Time to Buy in Real Estate Investors are returning as the real estate market recovers. BusinessWeek’s real estate guru Marc Roth points out these opportunities, which he says make sense if investors are willing to look over the property carefully ...
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7/26/2009 3:14:00 PM
30-Year Mortgage Rates Rise
The average rate for a 30-year fixed mortgage this week rose to 5.2 percent from 5.14 percent a week ago, Freddie Mac reports. Industry professionals are keeping a close watch on the rate, hoping it does not climb too high and derail a recovery in the housing ...
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7/26/2009 3:10:00 PM
When Will the Housing Market Rebound?
When will the housing slump finally end? Even the experts' crystal balls are hazy. The Wall Street Journal, which Thursday reported its latest quarterly survey of housing data, says it depends on which city or part of the country you’re talking about. ...
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6/23/2009 10:20:00 AM
Existing-Home Sale Continue to Rise
NAR: Existing-Home Sale Continue to Rise Sales of existing homes showed another gain in May, benefiting from favorable affordability conditions and a first-time buyer tax credit, according to the NATIONAL ASSOCIATION OF REALTORS ® . May’s increase ...
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6/18/2009 7:12:00 AM
Foreclosures Drive Prices Down
Foreclosures Drive Prices Down Foreclosures drive down the value of neighboring homes an average of $7,200 per home with the total loss in property values totaling $500 billion, says a recent report from the Center for Responsible Lending, a consumer advocacy ...
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