First Time Homebuyers Credit

Time Winding Down for Service Members To Use $8,000 Tax Credit

Chris Birk | Posted 05.25.2011

Read More: VA Loans, First-Time Homebuyers Credit, Troops, US Soldiers, Tax Credits, Veterans, Irs, Homeownership, Credit Score, Politics News
Chris Birk

The $8,000 tax credit program for first-time home buyers helped prop up the sagging real estate market in 2010. And there's still one group who can still capitalize on the opportunity.

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Bargain Basement Buyers

Lita Smith-Mines | Posted 05.25.2011

Read More: Home Buyers, New York Real Estate, Mortgage Rates, Real Estate, Recession, Lower Home Prices, Housing Market, First Time Homebuyers Credit, Housing Crisis, Business News
Lita Smith-Mines

Like last season's must-haves now crowded into clearance racks, some buyers just won't make their moves until the "final markdown" signs start appearing on the lawns of houses for sale.

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Targeting the Scattershot Home Buying Tax Credit

David M. Abromowitz | Posted 05.25.2011

Read More: Home Buyers, Homeowners, Foreclosure, First-Time Homebuyers Credit, Tax Credit, Home Sales, Business News
David M. Abromowitz

Four out of five buyers were handed $8,000 by other taxpayers for a purchase they would have made anyway. The Obama administration could do better by targeting the credit to people who need it.

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Home Prices Wil Rise 4% In 2010, Say Realtors

AP | ALEX VEIGA | Posted 05.25.2011

Read More: National Association of Realtors, Housing Market, First-Time Homebuyers Credit, Subprime Mortgages, Nar, Real Estate Prices, Home Prices, Lawrence Yun, Mortgage Crisis, Real Estate, Business News

SAN DIEGO — Home prices are expected to grow modestly next year and sales will keep rising as the housing market continues to recover from the worst...

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November New Home Sales Sink 11 Percent, Lowest Level Since April

AP | ALAN ZIBEL | Posted 05.25.2011

Read More: First-Time Homebuyers Credit, New Home Sales November, Home Prices, Home Sales, Mark Vitner, New Home Sales, Real Estate Housing Prices, Business News

WASHINGTON — Sales of new homes plunged unexpectedly last month to the lowest level since April, a sign the housing market recovery will be rock...

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Faux Stimulus Is No Stimulus

Harry Moroz | Posted 05.25.2011

Read More: Economic Recovery, Carryback Loss, Tax, First-Time Homebuyers Credit, Stimulus, Housing Crisis, Economy, Federal Unemployment Extension 2009, Unemployment Extension 2009, Unemployment Extension, Federal Unemployment Extension, Unemployment Benefit Extension 2009, 2009 Unemployment Extension, 2009 Unemployment Extension Stimulus, 2009 Federal Unemployment Extension, Unemployment Benefit Extension 2009, New Unemployment Extension 2009, States With 8.5 or Greater, Unemployment Extension November 2009, Current Unemployment Extension Bill November 2009, Unemployment Benefit Extension, Tax Credit Extension, Politics News
Harry Moroz

Our politicians are fooling us with legislation that looks like stimulus, but sure doesn't quack like one.

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November Home Sales Soar 7.4%, Fueld By Tax Credits

AP | ALAN ZIBEL | Posted 05.25.2011

Read More: National Association of Realtors, Trulia.com, First-Time Homebuyers Credit, Home Prices, Homebuyer Credit, Home Sales, November Home Sales, Real Estate, Business News

WASHINGTON — Extraordinary government efforts to stabilize the housing market are paying off. What happens when the help runs out is anyone's gu...

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Bernanke to Housing Market: Please Don't Drop Dead

Eric Schurenberg | Posted 05.25.2011

Read More: New Home Sales, First-Time Homebuyers Credit, Existing Home Sales, Macro-Economics, Exit Strategy, Kevin Warsh, Federal Reserve, Ben Bernanke, Mark Thoma, Jill Schlesinger, Business News
Eric Schurenberg

Uncle Sam has to ease out of banking, autos and all the programs authorized under the Obama stimulus bill without either starving the recovery or feeding inflation.

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Housing Industry Pushes For Tax-Credit Extension

The Washington Examiner | Jenna Staul | Posted 05.25.2011

Read More: Economic Stimulus Package, Lobbyblog, First-Time-Homebuyers-Credit, Business News

The Washington Examiner reports that lobbyists are working to extend the $8,000 federal tax credit for first-time homebuyers. North Carolina Rep. Ho...

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Uncle Sam's Not-So-Graceful Exit from Real Estate

Eric Schurenberg | Posted 05.25.2011

Read More: Cash for Clunkers, Fannie Mae, First-Time Homebuyers Credit, Ben Bernanke, Freddie Mac, Money Market Funds, Exit Strategy, Business News
Eric Schurenberg

The Fed and the Treasury have to take the training wheels off the wobbly financial system without tipping it back into chaos.

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