Jul 1st 2010 3:56PM
Buyers signed fewer contracts to buy homes in May than in any time since the government starting keeping records on them. Based on information from the National Association of Realtors, pending home sales dropped 30 percent from April -- from 110.9 to 77.6 -- which is also 15.9 percent below May 2009. While some believe... Continue Reading »
Jun 25th 2010 2:56PM
While the home tax credit extension looks dead, it's probably just on life support and may be revived by adding it to another bill on the Senate floor. The tax-credit extension had been attached to a large stimulus package including business tax breaks, renewal of the flood insurance program and extension of unemployment... Continue Reading »
Apr 5th 2010 12:15PM
The Senate left for spring recess without extending the National Flood Insurance Program (NFIP), leaving homebuyers in flood-prone areas in limbo. The expiration of the program comes just as a rush of buyers are expected to try and finalize home purchases to take advantage of tax credits before the incentives themselves... Continue Reading »
