RISMEDIA, November 2, 2009—With the First-Time Home Buyer Tax Credit deadline quickly approaching, the Internal Revenue Service recently reminded potential home buyers they must complete their first-time home purchases before Dec. 1, 2009 to qualify for the special first-time home buyer credit*. The American Recovery and Reinvestment Act extended the tax credit, which has provided a tax benefit to more than 1.4 million

RISMEDIA, October 8, 2009—The National Association of Home Builders (NAHB) commended the White House for recognizing the success of the $8,000

RISMEDIA, October 5, 2009—The just-released Third Quarter 2009 Prudential Douglas Elliman Manhattan Market Overview reveals that while over the past two decades, the number of Manhattan co-op and condo sales has tended to peak in the second quarter, this year the peak level of activity was pushed forward three months ...

RISMEDIA, October 3, 2009—Pending home sales have increased for seven straight months, the longest in the series of the index which began in 2001, according to the National Association of Realtors®.  The Pending Home Sales Index, a forward-looking indicator based on contracts signed in August 2009, rose 6.4% to 103.8 from a reading of 97.6 in July, and is 12.4% above August 2008 when it was 92.4.

RISMEDIA, October 2, 2009—(MCT)—Joseph Licari and Danielle Block had a simple goal when they started house-hunting. "We were looking for a bargain,"

RISMEDIA, October 2, 2009—(MCT)—The housing market is getting a much-needed boost as first-time homebuyers rush to take advantage of an $8,000 federal tax credit that is set to expire Nov. 30, 2009.  The incentive is helping to slow the decline in home sales. In August, sales were down 1% over the comparable period last year, the smallest year-over-year decline in any month since late 2007. As Congress considers extending the credit, real-estate agents and home builders worry sales could slump again if it's allowed to expire.