First Time Home Buyer Tax Credit | First Time Home Buyers

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Home Supply Plummets

On May 28, 2010 By Admin

At the current sales pace, the nation’s complete supply of new homes would be sold in just 5 month’s time. With mortgage rates exceptionally low, this could be the best time to buy.

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Home Values Rise 0.3% in March 2010

On May 26, 2010 By Admin

Still, for all of its flaws, the Home Price Index is watched because the government, banks and businesses all use the report as a very general forecast of the market. It’s just not related to the price that you will end up paying for that home.

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Home Supply Ticks Higher — Buyer Opportunities Exist

On May 25, 2010 By Admin

April revealed another good month of home sales, in part fueled by the first time home buyer tax credit expiration and continued low, low mortgage rates.

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First Time Home Buyer Tax Credit Pushes Up Home Resales

On April 23, 2010 By Admin

Existing Home Sales rose in March, as expected. The first time homebuyer tax credit continues to fuel higher sales figures.

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Will the first time home buyer tax credit be extended?

On April 20, 2010 By Admin

We’ve been getting a surge of traffic lately on questions related to whether the first time home buyer tax credit will be extended.

In a word (or few), no and it doesn’t need to be. Housing and the economy are both slowly, but surely, in recovery mode.

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Housing Starts Data Hints That Housing Will Expand Even After The Tax Credit Expires

On April 20, 2010 By Admin

After a strong March showing and a surprise upward-revision for February, Housing Starts are, once again, trending better.

It’s yet another signal that the housing market nationwide is stabilized.

A Housing Start is a new home on which construction has started and, over the last 6 [...]

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First Time Home Buyer Tax Credit Expiration: Not Slowing Down Builders

On April 20, 2010 By Admin

A Housing Start is a new home on which construction has started and, over the last 6 months, home builders are averaging one half-million starts per month. This marks the highest 6-month average since 2008 and a reading one-fifth percent better from 12 months ago. Revisions to prior data have all been higher, too.

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