Home Values Still Rising

With July’s Case-Shiller Index, we see that the housing market’s recovery is being sustained.

First-Time Homebuyer Tax Credit – Frequently Asked Questions

A tax credit is a direct reduction in tax liability owed by an individual to the Internal Revenue Service (IRS). In the event no taxes are owed, the IRS will issue a check for the amount of the tax credit an individual is owed.

First Time Homebuyer and Seller Alert!

The expiration date of the tax credit is November 30, 2009. Close December 1, as of now, and any qualifying buyer will not receive the tax credit.

Where Are The Top Foreclosure States (Graph)

As reported by foreclosure-tracking company RealtyTrac.com, more than 50 percent of the count

Mortgage Rate Review September 4, 2009 (Chart)

Mortgage Rates continued their nine (9) day accent posting 375bp for the week. Friday was the only negative day with the FNMA 30 YR 4.5% giving up only 9bp on a quiet day before the Holiday weekend.

Why Home Prices Will Rise This Fall

As reported by the National Association of Realtors®, the Pending Home Sales Index posted its 6th consecutive monthly gain in July.