Last night, the House voted 403-12 to expand and extend the Homebuyer Tax Credit (as part of the Unemployment Insurance Bill). The bill is now on its way to President Obama for his signature. The agreement on the extension and expansion of the credit is as follows: Credit available for purchases before May 1, 2010…. Continue Reading
Tag Archives: Buyer
$8k Real Estate First Time Home Buyer Tax Credit Explained for Atlanta Markets
Here is a great little video that explains very simply, the details of the First Time Home Buyer Tax credit offered on the Federal Level. You’ve only got until Mid October to get serious about taking advantage of this, if you want to have your home closed by the November 30 deadline!… Continue Reading
Atlanta Real Estate Market Update – July 2009
Atlanta Real Estate Market Update – July 2009 June Numbers Are Good News! Numbers improved this past month on almost all fronts. A large increase in sales was reported and we also saw a shrink in the Months of Inventory. Remember, to get to a market where we can expect prices to start to go… Continue Reading
This Month In Atlanta Real Estate – June 2009
Video Update on the National Real Estate Market for June 2009 – Atlanta Real Estate July 2009… Continue Reading
Want the Government to Pay Your Rent for 6 Months?
Well, would you? If you are a first time home buyer, meaning that you have not owned a home in the last three years, that is what the government is willing to do as long as you purchase a home and close on it by November 30th. I’m referring to the First Time Home Buyer… Continue Reading
Everybody’s Buying Real Estate But Few are Buying for Themselves
What is that supposed to mean? Everybody is buying real estate but only a few are buying it for themselves? Think about it…You are either paying a mortgage (buying real estate for yourself) or your are paying rent, which means you are buying your landlord’s real estate for them. Which are you doing? If you’re… Continue Reading
Mike’s Remarks on May 2009 – Atlanta Real Estate Market
Atlanta Real Estate Market Update – May 2009 Increase in Number of Sales is a Good Sign! Nothing too spectacular on our chart this month, but there is some much appreciated and needed momentum in the market right now in Atlanta. May showed us signs of improvement with an increased number of homes sold from… Continue Reading
What Home Buyers Should Fear More than Prices Dropping after they Buy!
Many home buyers sitting on the fence right now use a common excuse of “I don’t think we are at the bottom yet.” I understand that, and in my opinion, we are bouncing along the bottom of the market right now, but home prices will continue to drop until the number of months of inventory… Continue Reading