Real Estate Going Green?

There are significant tax credits available on the state and federal level that may help pay for improvements. You can claim a credit of up to $500 on your 1040 for installing energy-efficient windows, insulation, doors, roofs & A/C

Just a thought.....Wouldn't it be wise if appraisals were done before putting a home on the market? Seems it would be helpful for the Seller and the Buyer!

Real Estate Forecast Hopeful

Forecast Hopeful with First-Time Home Buyers Leading the Way, Aided by the home buyer tax credit, the outlook for housing and the economy appears headed for a sustainable recovery, According to the National Association of Realtors®.

Existing Home Sales Surge in Many States

Most states continued to experience rising resale home sales in the third quarter, with prices moderating in many metro areas, according to the latest survey by the National Association of Realtors

Home Sales Up

National Association of Realtor Says, The Sale of Residential Resale Homes is up 9.4%

IT'S OFFICIAL

The National Association of Realtors® today commended the U.S. Senate and House of Representatives for passing a bill that includes an extension and expansion of the current home buyer tax credit as an important step in ensuring a real estate and economic recovery.

Extention of the $8000 Tax Credit

The Senate voted 98-0 on Wednesday and yesterday the House voted 403-12 on legislation that includes the extension and expansion of the $8000 Tax Credit. The President is expected to sign the legislation, perhaps as early as today.

This will also include $6,500 for home owners who have lived in their homes for 5 years or more........

Buying a Home is About to get Cheaper

For a whole new crop of homebuyers — $6,500 cheaper.

First-time homebuyers have been getting tax credits of up to $8,000 since January as part of the economic stimulus package enacted earlier this year. But with the program scheduled to expire at the end of November, the Senate voted Wednesday to extend and expand the tax credit to include many buyers who already own homes. The House could vote on the bill as early as Thursday.