Time is Running Out on $8,000 Tax Credit

Time is running out for you first time homebuyers or anyone who hasn’t owned a home is three years. The $8,000 that does not have to be paid back will expire on December 1, 2009. Now as I understand it, you have to close on the sale of your home before Dec. 1 [...]

Filed under: Buying, Home Sales by Dwight's Real Estate Update
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2nd Quarter Ends with New High for Median Home Price

The second quarter of 2009 shows the market adjusting with declines in the number of sales and active listings from the same time in 2008, presenting a balanced supply of housing. With a balanced supply, comes stable pricing. In June the mediam price for a single-family home reached a record high of $164,500. [...]

Filed under: Buying, Home Sales, Selling by Dwight's Real Estate Update
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