As part of the Housing and Economic Recovery Act of 2008, the IRS authorizes a deduction of up to $7,500 for qualified first-time homebuyers.
What does that mean? Read on for an explanation.
Take a look at the data below and tell me if all of the sub-prime talk really makes sense. I suspect that savvy investors are seeing through the hype and are already taking positions to profit...
The market has gone south for many homes but in Massachusetts at least, million dollar homes are still selling briskly. The rich aren't impacted by credit crunches, etc. Might be time to by some...
Century 21 CEO discusses the real estate market and of course he's not that gloomy. It's his job to keep the houses selling. He lists four factors that are key to homesales and points out that...
The Housing Bailout Bill making its way through the Senate doesn't just benefit homeowners in trouble. It can also benefit many other homeowners, from first time buyers, to seniors, to veterans....
The Harvard Joint Center for Housing Studies projected that housing remodeling activity would be down in 2008. Bad news for Home Depot, Lowes, and thousands of contractors, etc. More fallout from...
The experts never said that housing prices would come down. Now listen to what they are saying. This time I fear they are correct. There will be more real estate pain ahead before things get...
A Blogger calling himself Captain Capitalism has put together a short cartoon that explains the mortgage mess. From what I can tell he's an economics professor at a university in Minnesota.
The National Association of Realtors, and the creators of the S&P/Case-Shiller Home Price Index agree that there data may overstate the drop in home prices over the last year. As both admit, their...
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