While the bill below was killed in Congress, a different bill WAS passed extending the credit for those that were under agreement for their home by April 30. The extension is until September 30, by which time you must close on your property to qualify. A bill that included an extension to the June 30 [...]
According to the Massachusetts Association of Realtors, “the number of single-family homes put under agreement in April was up 25 percent over the same time last year, while condominiums were up 22 percent. April is the tenth straight month that the number of both single-family homes and condominiums put under agreement had increased over the [...]
Realtor.org just posted a great explanation of the extended Home Buyer Tax Credit. As of today, there are now 123 days left to take advantage of this credit, which has been broadened to include current home owners who are purchasing a new or existing home. In a nutshell: Extends the First-Time Home Buyer Tax Credit of [...]
National news is one thing. What is actually happening at home, in our own towns and cities, is what is really important. Even in the small area of North Central Massachusetts, trends change town to town and month to month. As we head toward the end of the year, some good news is that the [...]
This video from NAR’s Chief Economist Lawrence Yun has a lot of information on national housing statistics. In a nutshell, based on the figures recently reported, Yun feels that we are nearing the bottom of this downward housing trend: Home sales were up last month, partly due to the rush to beat the First-Time Homebuyer [...]
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