Fall Out From the First Time Homebuyers Credit
Stimulus - something that rouses or incites to activity: as a : incentive b : stimulant
The first time homebuyer credit (stimulus package) offered in 2008-2010 was yet another obstacle to the long term stabilization of the real estate market....
Posted by Paula Henry on January 23, 2012 in Real Estate News
Existing Home Sales Flatten And Point To A Much Better Spring
As expected, Existing Home Sales fell in February, slipping 30,000 units versus January's numbers. It's the 4th straight month in which Existing Home Sales were lower, month-over-month.
An 'existing' home is one that is previously owned and ...
Posted by Paula Henry on March 24, 2010 in Market Statistics
Mortgage Approvals Are Getting More And More Scarce
The economy's improving but lending standards are not. Nationally, banks are making mortgage approvals harder to come by. Underwriting guidelines are tightening. The data comes from the Federal Reserve's quarterly survey to its member banks....
Posted by Paula Henry on February 13, 2010 in Mortgage News and Info
Time is Running Out for Indianapolis First Time Homebuyer Credit
If you plan to use the First-Time Home Buyer Tax Credit program to buy a home in Indianapolis, time is running out. The program expires November 30, 2009 and closing on a home can take up to 60 days.
That leaves you about 6 weeks from today to ...
Posted by Paula Henry on August 20, 2009 in Buyer Resources