Market Updates
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Thursday, November 5th, 2009The legislation also would extend the $8,000 homebuyer tax credit to contracts signed by April 30 and closed by June 30. The controversial credit, which many say has boosted home sales in recent months, was set to expire after Nov. 30.
The Senate’s bill also created a $6,500 credit for those who buy a home after [...]
Economists Pronounce the Recession Over
Thursday, August 13th, 2009NEW YORK – Aug. 13, 2009 – The majority of economists surveyed by the Wall Street Journal say the recession is over and Federal Reserve Chair Ben Bernanke deserves another term.
Of the 47 economists the newspaper surveyed, 27 said the recession has ended and 11 predict another trough this month or next. The rest refused [...]
Fill Those Homes!
Tuesday, March 10th, 2009According to the U.S. Census Bureau, “The number of empty homes-for sale or rent-has hit a record 19 million.” The number of vacant homes climbed 6.7% from the fourth quarter of 2007. The total number of homes for sale climbed 2.9% of all homes. This is a number that has not been seen since the [...]
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