Home Buying 101 Archive


Time Expiring on Home-Buying Tax Credit

Wednesday, September 30th, 2009
RISMEDIA, October 1, 2009—(MCT)—Realtors are bracing- make that hoping- for a flurry of activity in the next few weeks as a tax credit


Credit Woes to Threaten Housing Recovery?

Tuesday, September 29th, 2009
RISMEDIA, September 30, 2009—Nearly two-thirds of single-family home builders are reporting a severe lack of credit for housing production, threatening the fragile housing recovery before it has time to take hold, according to a new builder survey of acquisition, development and construction (AD&C) financing conducted by the National Association of Home Builders (NAHB).  “Across the country, home builders and developers are reporting a deterioration in credit availability and intensifying pressure on borrowers with outstanding loans,” said NAHB Chairman Joe Robson, a home builder from Tulsa, OK.


$2 Million Difference between Homes in Most Expensive and Most Affordable Market, According to Coldwell Banker Home Price Comparison Index

Monday, September 28th, 2009
RISMEDIA, October 5, 2009—The 2009 Coldwell Banker® Home Price Comparison Index (HPCI) recently released found a price gap of more than $2 million


The Possible Impact and Real Cost of Extending the First–Time Homebuyer Tax Credit

Sunday, September 27th, 2009
RISMEDIA, September 28, 2009—A recent survey conducted by Zillow in conjunction with Harris Interactive asked prospective first-time homebuyers how an extension


‘Real Deadline’ for First-Time Homebuyer Tax Credit is Mid-October at the Latest

Sunday, September 27th, 2009
RISMEDIA, October 5, 2009—Those interested in taking advantage of the First-Time Homebuyer Tax Credit must realize that the much-publicized November 30th deadline is for the closing date (i.e., the day keys are officially handed over). However, the list of customary closing requirements- ranging from mortgage approvals and appraisals to home ...


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