Posts with tag HomeBuyerTaxCredit

Homebuyer Tax Credit: How to Claim It

The first-time homebuyer tax credit encouraged many buyers to take the leap in 2010. Though the deadline to close on a qualifying home purchase was Sept. 30, 2010, those buyers who did qualify now have to figure out how to collect. Kelly Phillips Erb of our sister site, WalletPop.com, did the hard work, so you don't have... Continue Reading »

Home Sales Rising: Is That Good or Bad?

Home sales are up, but economists are far from pleased. Despite a 10 percent rise in existing home sales in September, many housing analysts believe the housing market is once again deteriorating. A rise in new home building usually helps lead the way out of a recession by providing jobs for workers in the construction... Continue Reading »

Home Prices Stall Again

Home prices increased a weak 1.7 percent nationally in August, year over year, indicating a continued bumpy ride for the housing market. The Standard & Poor's Case-Shiller index of home prices in 20 major U.S. cities shows that home prices fell in 15 of the 20 markets covered by the monthly report. Markets that... Continue Reading »

Mortgage Applications, Refis Hurt by Job Market Stagnation

Minnesota homeowner Matt Kreger refinanced his $168,000 mortgage into a 4.75 percent 30-year fixed-rate three weeks ago, to get out of a 5-year, interest-only ARM with a 5.7 percent rate, which was set to change at the end of September. Borrowers such as Kreger were part of a push before Labor Day to close on the... Continue Reading »

Moving In: Moving Day Disasters and How to Avoid Them

Thousands of homebuyers across the U.S. are moving in to new homes this summer, thanks to the homebuyer tax credit. After the gantlet of contracts, credit checks, offers, counteroffers, inspections and title searches, the journey should be exciting and fun. For your life's possessions, though, it's not about the journey... Continue Reading »

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