All the news for the homebuyer tax credit is sales are way down, but those numbers are so deceiving, at least for the East Valley. Those numbers are for new home builds and no one was buying new builds anyways.
It is official, tax credit expanded, extended and buckle up kids
Video 38: The $8000 first-time homebuyer tax credit has officially been extended and expanded as we discussed yesterday it would be. Here is a chart that shows you some details. Would love to hear your thoughts, you can leave a comment or e-mail me Dean Ouellette.
First-time home buyer credit likely to be extended and/or expanded
Video 30: The first-time home buyer tax credit is very likely to be extended and maybe even expanded. While I do not think the first-time tax credit should be extended, I certainly and not going to discourage buyers from using it. For more information you can leave a comment or e-mail me Dean Ouellette.
Should the $8000 first-time home buyers tax credit be renewed?
Video 18: The $8000 first-time home buyer tax credit is about to expire, should it be renewed? Watch the video to hear my thoughs and let me know yours. Leave a comment or e-mail me your thoughts Dean Ouellette.
$8000 first time home buyer tax credit coming to an end soon
Video Post 8: The $8000 first time home buyer tax credit is coming to an end. Unless there is an extension soon, the program is set to expire on December 1st. That means you should really have an accepted contract by mid October. If you need any more information on the $8000 first time home buyer tax credit e-mail Dean Ouellette.
Top 5 real estate posts of the day 8/21/2009
1) MBA forecasts foreclosures to peak at the end of 2010 – This foreclosure market seems like it has been going on for a while, so when will it peak? MBA says the peak looks to be about a year away.
2) Loan modification success report, the truth is far worse – So he have all heard about how few loan modifications are getting done. Turns out that number may be even lower than you think.
3) Walkability=Affordability=Profitability=Liveability – A couple of days ago this space had a link to a post about higher value for “walkable” neighborhoods. Jim Duncan takes a look at what exactly that means.
4) Are we having fun yet? – Great piece from Missy on time management and having other people do some tasks for you. Having recently hired a virtual assistant (Shelly you rock!) I can completely agree with this piece.
5) Strong seasonal gains in existing home sales – Existing home sales are up again, but will that continue if the $8,000 first-time home buyer tax credit expires?
Top 5 real estate posts of the day for 8/11/2009
1) Is our industry a bunch of bums? – How should real estate agents dress? This is always an interesting conversation with plenty of good arguments for all sides. So how should we dress?
2) $8000 tax credit: The end is near – Time is running out for the $8000 first-time home buyer tax credit, you need to CLOSE on your house before December 1st, 2009.
3) Are listing agents hurting their clients by hiding addresses? – Redfin always seems to put out good material on interesting subjects. I learned a good amount from this post I had not know.
4) Underwater mortgages may reach 30% – This post reminds me of that RE/MAX commercial running right now that says talk to your local agent because your market may vary.
5) Bizarre real estate practices #873 (and #874) – I think this survey could be taken as good news for some agents. So many agents set the bar so low for what people expect that if you go above and beyond clients will love you for life.
Top 5 real estate posts of the day 7/29/2009
1) Are you self employed? Be ready to show all income when applying for a mortgage – While it is difficult for self-employed to get a mortgage, it is not impossible. Just make sure you can document everything.
2) Qualify your prospects to convert more leads – I am not big into scripts, but this is a good one I could actually seeing myself use.
3) IRS prosecutes its 1st home tax-credit cheat – Imagine that, people trying to cheat on taxes.
4) If a Realtor is unethical in the woods – Is anonymous reporting the answer for keeping Realtors in check with skirting rules?
5) One week of Google Voice: Progress and pitfalls – Thinking of using Google Voice for your real estate business, here is one review you may want to read first.
Top 5 real estate posts of the day 6/26/2009
Top 5 real estate post of the day for 6/26/2009 [Read more...]
















