2009 October | New Homes Resources

Home Buyer Tax Credit set for Vote Today...

Posted by admin in Federal Tax Credit, new homes, Real Estate, southern california real estate, US Economy on 10 28th, 2009 | No Comments

Around 6pm, tonight the Senate has scheduled a vote on extension of unemployment benefits as well as an extension of the HomeBuyer tax credit through 2010. The amounts of the proposed extension has not been detailed, but the talk is to expand the program to “first move-up buyers”. Targeting...

Extending the Home Buyer Tax Credit...

Posted by admin in Cailfornia New Homes, new homes, South Orange County, southern california real estate on 10 27th, 2009 | No Comments

Senator Harry Reid talked last night about possibly extending the first time home buyer tax credit through 2010, as an additional stimulus for housing. The potential new bill will be a step down program with the tax credit to gradually be lowered from $8k to $6k, and finally to $4k. Though Sen. Reid...

Home Prices Rise for 3rd Straight Month...

Posted by admin in Builder Sentiment, Cailfornia New Homes, Federal Tax Credit, Home Sales, new home builders, new homes, Real Estate, South Orange County, southern california real estate, Uncategorized on 10 27th, 2009 | No Comments

Home Price data released today shows an increase for the 3rd straight month in the average price of home, showing more signs of stabilization in housing. If we continue to see positive housing data across all major metro’s this should translate to a recovery. Housing has been buoyed by the...

Fed's Beige Book Shows Signs of Sta...

Posted by admin in Federal Tax Credit, new home builders, new homes, US Economy on 10 22nd, 2009 | No Comments

The FED released their “Beige Book” today, which showed positive results in regards to the first time home buyer tax credit. Though it also breaths a word of caution if the tax credit expires as scheduled on Nov. 30. http://tinyurl.com/yjagua2