First-time home buyers (FTHBs) have been getting tax credits of up to $8,000 since January as part of the economic stimulus package. But with that housing program scheduled to expire at the end of November, the House voted to extend it into the spring - and to expand it to many people who already own [...]
Looks like we’ve been investing our “talents” wisely in the economy. Here is an article, “Last Week in the News”, contributed by Indoo Kapoor, Loan Officer Prospect Mortgage, 469-363-6092
Existing home sales rose 9.4% in September to a seasonally adjusted annual rate of 5.57 million units from 5.1 million units in August. The increase was largely [...]
By admin | October 14, 2009
As the first-time homebuyer tax credit is set to expire on Nov. 30, 2009, government officials are considering ways to extend the $8,000 tax credit to many military personnel, if not to all first-time home buyers.
Until recently, commercial loans were pretty tough to come by. But I am happy to say, that now I am receiving emails looking for projects to lend on. That is certainly a sign of us pulling out of this recession. While job losses lag a recession econcomy by 6-8 months (meaning job losses continue for 6-8 [...]
We are starting to see an increase in activity in the Flower Mound real estate market. More listings, more sales on the residential side and more leases on the commercial side. Loans are still hard to come by and take longer to process, but we are seeing more activity and that’s a great start to [...]
Posted in Real Estate Links | Also tagged Add new tag, commercial real estate, economy, Flower Mound homes for sale, Flower Mound homes sold, housing tax credit, interest rates, mortgage rates, real estate, real estate indust, Unicorn Lake, when to buy real estate |
I know many of you, Buyers and Sellers, are worried about the economy and the market and you may be wondering whether now is a good time to put your home up for sale.
Because fewer Sellers are putting their homes on the market due to the economy and winter season, there are fewer homes to compete with. [...]