Posts with tag homebuyertaxcredit

Just because the deadline for the homebuyer tax credit was extended, don't assume that incentives to buy a house are untouchable. Sen. Alan Simpson (R-Wyo.) and President Clinton's former White House chief of staff, Erskine Bowles (pictured left) -- who head President Obama's national debt commission -- told a meeting of... Continue Reading »

Just a brief note of warning to folks who might be thinking about buying a home or a condo or whatever strikes your fancy. Sometimes headlines aren't just wrong, they're flat-out misleading. For example, we have this headline from HousingWire: "Obama Signs Homebuyer Tax Credit Extension." Based on that headline, you'd... Continue Reading »

Thanks to the homebuyer tax credit, the long holiday weekend will likely be one of the busiest times to move, in the busiest moving season of the year. And what better way to celebrate July Fourth than by fulfilling the American Dream of moving into your own home? First, though, you need to make sure you get your stuff... Continue Reading »

With literally hours left before the June 30 deadline, the House has passed a bill to extend the homebuyer tax credit by an additional three months. The bill now goes to the Senate, where a similar measure has been spearheaded by Senate Majority Leader Harry Reid. It could vote on the bill as early as tomorrow, barring... Continue Reading »

Sales on existing homes that closed in May were up 19.2 percent from a year ago, according to the National Association of Realtors. But will that pace continue now that buyers have missed the tax credit? Probably not. Most likely some people who may have bought during the summer months signed contracts by April 30 to take... Continue Reading »