tax credit

pending home sales rise

Pending Sales Jump, Surprisingly 26

Whoops! Experts in the real estate field really slipped up on this one. Since the expiration of the homebuyer tax credit, pending home sales have been in a steady decline. But the latest numbers from July show that the NAR’s Pending Home Sales Index increased 5.2% from the previous month. […]

Homebuyer tax credit extension

Tax Credits Are Still Alive 7

Okay, so maybe you CAN have your cake and eat it too. I recently told you about the dramatic drop in home prices around the end of April. You may remember that as the time that the home buyer tax credit was set to expire. So everyone jumped on the […]

6% is the Magic Number 1

6 percent. Apparently that’s the magic number these days. That’s the delinquency rate nationwide. That means 6% of mortgages are more than 60 days overdue. Now, keep in mind, that’s a terrible number! It’s just that it’s the first drop in the rate in 3 years. That’s pretty exciting news […]