Jun 22nd 2010 10:43AM
We had a few months of good news for the housing markets, as homebuyers rushed to take advantage of the $8,000 federal homebuyer tax credit. But leading indicators for the housing market -- from the number of mortgage applications, to housing start, to builder confidence -- have tanked since the homebuyer tax credit hit... Continue Reading »
Jun 17th 2010 3:12PM
Unless you are among the 180,000 people who signed a contract to buy a house before May 1, yesterday's Senate gesture to extend the deal-closing deadline on the federal homebuyer tax credit is the proverbial drop in the bucket. Does anyone think that the closing of 180,000 more home sales on the market, in a national... Continue Reading »
Apr 30th 2010 10:30AM
As home sales rallied nationwide in March, the real estate conglomerate Coldwell Banker and its franchisees have kicked-off a rebate program to pick up the slack -- or potential slowdown -- after the federal home-tax credit expires. The program begins May 1. But marketing-campaign aside, some real estate agents say that... Continue Reading »
Apr 27th 2010 1:30PM
The conventional wisdom has it that the soon-to-expire government tax credit for home purchases was a success. After all, it drove people back into the real estate market and helped to ignite a fire under a still-nascent recovery. But suppose the conventional wisdom is wrong? Suppose it was all really smoke and mirrors?... Continue Reading »
