All Entries in the "Federal Tax Credit" Category
Double Federal Tax Credit at Sunset Ridge Estates in Richmond
New home buyers looking to cash in on a deal that’s twice as nice had best hurry to Sunset Ridge Estates in Richmond before the bargain of a lifetime expires.
For a limited time, KLM Builders will match Uncle Sam’s current special tax credits for home buyers. That means that first-time buyers can now get $16,000 [...]
Chicagoland Housing Market is on the Rebound
At the end of last year, the Illinois housing market saw a decrease in property values but an increase in sales. According to the Illinois Association of Realtors fourth quarter 2009 report, there was a 35.6 percent increase in Illinois home sales in the last quarter of 2009 compared to the number of sales at [...]
National Association of Realtors Release Pending Sales Report
Pending home sales calmed a bit after continued government efforts to revitalize the markets across the country. The National Association of Realtors (NAR) released their Pending Home Sales Index, a market indicator that measures the recent activity and amount of contracts signed last December. The data shows a modest 1% increase from November to 96.6% [...]
Pending Real Estate Sales Slow But Remain Higher Than Last Year
Activity for pending home sales fell after a surge of contracts in preceding months. Now that the deadline for the first-time home buyer tax credit has been pushed back to Spring, pending home sales remain well above a year ago, according to the National Association of Realtors report released by NAR’s chief economist Lawrence Yun.
Perhaps [...]
Federal Tax Credit Driving A Chicago Real Estate Bubble?
Low interest rates, low prices and free government money seemed to have helped assist a real estate transaction-boom in the Chicagoland area. Chicago real estate sold at rates not seen in three Octobers (2006 was the last time) with 7,286 homes sold last month. Not as good as July 2009 when almost 7,500 units sold [...]
