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Well The Good News Lasted About A Month – Here Comes The Bull Rush Of Bad, Again

January 7, 2010 By Leave a Comment

Found in my feed reader the past two days… Pending sales slows, from the NYT: The National Association of Realtors said that its index of pending home sales plunged to 96 from a revised level of 114.3 in October. Analysts had predicted a drop, but nothing like that. “We thought it would drop 2 percent,” [...]

Filed Under: National News

Chanhassen Comes In Second On Best Place To Live

July 13, 2009 By 2 Comments
chanhassenwatertower

CNN just released their best places to live in 2009 list and Chanhassen comes in at 2 on the list. Last year Minnesota placed 7 in the top 100 but this year only managed to squeeze in 3 and none of the regulars. Actually none of the cities that made the list returned. Cities to [...]

Filed Under: Minnesota Real Estate, National News Tagged With:

$8000 First Time Home Buyer Tax Credit Now Available for Down Payment

May 29, 2009 By 4 Comments

Check with your local loan officer, some or most states this might not be available. Sorry Minnesota, not available Here is a link on how to apply the first time home buyer tax credit as a down payment So it looks like this $8000 Tax Credit will be available for down payment after all. The [...]

Filed Under: Buying, Mortgage/Finance, National News Tagged With: , , , , ,

HUD Announces $8000 Tax Credit Used For Down Payment

May 12, 2009 By 1 Comment

Update: I have seen somethings that would say that this has been scratched and I have also seen that HUD and FHA will finalize this sometime next week. Will keep posted. Update 2: New information on the $8000 housing tax credit here BREAKING NEWS announced today that the $8000 first time home buyer tax credit [...]

Filed Under: Buying, Mortgage/Finance, National News Tagged With: , , ,

Home prices rise, but…

March 24, 2009 By Leave a Comment

Home prices rise for the first time in 12 months according to the Federal Housing Finance Agency. The rise occured from December of 2008 to January 2009 at a rate of 1.6%. Take this with a grain a salt, because home prices are still down year over year. This is on a national level and [...]

Filed Under: Market Update, Mortgage/Finance, National News

Obama’s “Homeowner Affordability and Stability Plan”

March 4, 2009 By Leave a Comment

Call it what you must but it looks like the Obama administration is making every attempt to keep people in their homes, whether most agree with it or not. The plan was first introduced 2 weeks ago but now details have been released on how the plan will actually begin to work. So the Homeowner [...]

Filed Under: Mortgage/Finance, National News, Real Estate Tagged With: ,

Obama’s $75 billion Homeowner Affordability and Stability Plan

February 18, 2009 By Leave a Comment

The Plan: $75 Billion The Goal: Save 9 million homes from foreclosure and prevent falling home prices. I have rounded up some links to some articles giving different perspectives on “Obama’s $75 billion Homeowner Affordability and Stability Plan” White House Blog MSNBC and Here CNN Calculated Risk (The Best Insights) Some Key Points: Refinance for [...]

Filed Under: Foreclosure, National News, Real Estate Tagged With:

$8000 First Time Home Buyer Tax Credit

February 17, 2009 By 3 Comments

After the $15000 tax credit for all home buyers tanked in the stimulus bill, it was then scaled back to $8000 first time home buyer tax credit. Not as much as $15000, but still a nice chunk of change that doesn’t have to be repaid. Even though the tax credit of $8000 is only up$500 [...]

Filed Under: Buying, Minnesota Real Estate, National News, Twin Cities Real Estate Tagged With: ,

$15,000 Home Buyer Tax Credit Bites The Dust

February 11, 2009 By 1 Comment

Update 2/12/2009: The $15,000 tax credit was scaled back to $8,000 tax credit for first time home buyers only and doesn’t have to be repaid. You can read about the revised stimulus bill here, there will probably be more revision’s within the next few days. Update 2/13/2009: Congress passes the bill and the home buyer [...]

Filed Under: Buying, National News Tagged With: ,

$15,000 Home Buyer Tax Credit Articles

February 9, 2009 By 3 Comments

UPDATE: View the final $8000 First Time Home Buyer Tax Credit Since this seems to be all the rage, good or bad. I have put together some links that talk about the $15,000 home buyer tax credit that is working it’s way through congress. Whether you are looking for a home in Minneapolis, St. Paul, [...]

Filed Under: Buying, National News, Real Estate Tagged With: ,
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