Agreements on pre-owned homes increased in Feb. …the market long term – a massive real estate inventory will significantly decrease…is another piece of bad economic news and/or the end of this tax-credit cycle,” Glick added. Contact real estate writer Alan J. Heavens at 215… Agreements on pre-owned homes increased in Feb. From the Philadelphia Inquire

By Alan J. Heavens Inquirer Real Estate Writer  Liv Mansfield is racing the clock, hoping to find and settle, or at least sign a purchase agreement, on a townhouse before the $6,500 tax credit for qualified repeat home buyers expires April 30. While the credit is not as important as staying in the Wallingford school [...]

First-Time Buyer Tax Credit Already Deemed a Success Preliminary figures from the Internal Revenue Service (IRS) show that the first-time buyer tax credit may have been a deal maker in 10 percent of the approximately 5 million new- and existing-home sales last year. By March 6, 2009 — six weeks prior to when 2008 returns [...]

Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, said that the Federal Housing Administration is going to permit its lenders to allow homeowners to use the $8,000 tax credit as a downpayment. Secretary Donovan said that important changes, which the National Association of Realtors® has been calling for, will help consumers [...]

If you qualify for the Federal tax credit of $8,000.00 you only have until December 1 to cash in. First time home buyers are not the only ones who qualify. Read this article to learn more and see if you qualify, and remember this opportunity might not come up again in your lifetime! The economic [...]

MORRIS PLAINS, N.J., – Whether buying a car, picking a stock or purchasing a home, it’s natural to want to get the best value possible. Yet waiting to try and make your purchase at the absolute lowest price can be tricky – if not impossible.    According to James M Weichert, president and founder of [...]