May 24, 2010 - 10:23 am
Tags: Home Sales, NAR, tax credit
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Existing home sales soared in April as home buyers scrambled to claim the tax credit that expired at the end of the month, according to a real estate industry report released Monday.
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For the three-month period ending April 30, Southern Oregon Multiple Listing Service reported 433 single-family residences exchanged hands, compared to 371 for the same period in 2009, a 16.7 percent increase.
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April 23, 2010 - 9:31 am
Tags: new home sales, report, tax credit
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New home sales improved in March at the fastest single-month rate in 47 years, according to a government report released Friday, as buyers snatched up properties ahead of the tax credit that’s set to expire..
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April 5, 2010 - 11:42 am
Tags: NAR, pending, sales, tax credit
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Americans rushed to sign contracts for previously owned homes in February, signaling a fat tax credit might revive the housing market this spring. Despite snowstorms and joblessness, the National Association of Realtors’ index for pending sales of used homes rose by 8.2% to 97.6, the industry group said Monday.
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Low interest rates, a federal tax credit for first-time home buyers and declining prices contributed to a 35.4 percent gain in activity last year. But two of the components driving the market — interest rates and tax credits — are likely to be gone by summer house-buying season.
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December 29, 2009 - 8:12 am
Tags: bubble, jackson county, market, sales
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In November, Jackson County’s home sales rose by an eye-popping 73% compared with the same month in 2008. “This surprised even us,” Blanton says. The double-digit increase is related to a drop in home prices, stable interest rates and the first-time home buyer tax credit.
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December 26, 2009 - 7:19 pm
Tags: faq, federal, home buyers, tax credit, taxes
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The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence. The tax credit now applies to sales occurring on or after January 1, 2009 and on or before April 30, 2010. However, in cases where a binding sales [...]
