Archive for May, 2009
The Worst and best of our Real Estate Market
May 28th, 2009 categories: Real Estate news
Buyers ask me the same questions: “Is our market still going down? Shall I wait a little longer before buying?”
My answer is: it depends. Our market is almost on the bottom, although economists predict a slight decline to continue. They also argue that the worst is over and that we’ll see a weak recovery by the end of the year. The stimulus is kicking in and the housing, manufacturing, employment, and consumer-spending trends are beginning to improve (which in some cases means “decline less”). Bank lending is loosening, finally, and spreads are returning to normal. But the plunge in household net worth relative to debt will likely keep a lid on spending and growth for at least the next year. Read the rest of this entry »
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First Time Buyers $8,000 Credit Step-By-Step Guide!
May 11th, 2009 categories: Real Estate news
Bringing the Dream of Homeownership Within Reach-Learn How to Claim Your $8,000 Today!
As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed legislation that grants a tax credit of up to $8,000 to first-time home buyers.
Here is more information about how the 2009 First-Time Home Buyer Tax Credit can help prospective home buyers become part of the American dream.
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