There is talk and indicators that the housing market might be reaching the bottom. According to the latest data housing prices tumbled nearly 19 percent
Filed under: Bank Owned/REO, Foreclosures, Real Estate Investor, Seattle | Tagged: Bank Owned Property, Case-Shiller index, Foreclosures, King County, King County Washington, Mortgage, Price index, Real estate pricing, reo, U.S. Housing Market, United States | Leave a Comment »
According to the National Association of REALTORS, the number of Existing Home Sales fell by a modest 140,000 units last month. It’s the fifth straight month in which home sales straddled the 4.5 million mark.
Filed under: Uncategorized | Tagged: Business, Commerce Department, Economics, National Association of Realtors, Real Estate, seattle bank owned home, seattle foreclosure, Seattle REO, Supply and demand, U.S. Housing Market, United States Department of Commerce | 4 Comments »
This year, qualifying taxpayers who buy a home before Dec. 1, 2009, can claim the credit on either their 2008 or 2009 tax returns. They do not have to repay the credit, provided the home remains their main home for 36 months after the purchase date. They can claim 10 percent of the purchase price up to $8,000, or $4,000 for married individuals filing separately.
Filed under: First Time Home Buyer, Mortgage, Seattle | Tagged: Accounting, Adjusted Gross Income, Economic, first time homebuyer credit, Internal Revenue Service, mortgage news, Tax, Taxation, Taxes, United States | Leave a Comment »
Mortgage Rates increased April 17, for a second day as MBS posted another day of losses. Week over week rates are posted a 10bp improvement. Although there was 3bp improvement lenders sill took advantage of the decline in MBS and increased Mortgage Rates.
Filed under: Mortgage, Uncategorized | Tagged: Business, Economics, Mortgage, Real Estate, Real estate pricing, Residential, Supply and demand, United States Department of Commerce | 1 Comment »
