Home Buyer's Credit Extension

UPDATED NEWS HERE!    The First Time Home Buyer's Tax Credit appears likely to be extended into the first quarter of next year. An article in the Washington Post notes that: The Senate has reached a broad bipartisan consensus on extending a lucrative tax credit for first-time home buyers beyond the Nov. 30 deadline and expanding it to include some current homeowners, according to the Senate's Democratic leader. Under the plan, people buying their first home would receive an $8,000 tax credit … [Read more...]

Mid Atlantic Real Estate Market Update

Learn more about the Mid-Atlantic real estate market with this video commentary created especially for consumers. This video discusses highlights from the 3rd Quarter Trend in Housing Report: The State of the Region's Housing Market. … [Read more...]

Housing & Economic Recovery Act

(This post is now old news!  Read about the new (better!) tax credit ) I just want to remind first-time homebuyers about the Housing and Economic Recovery Act of 2008.  This Act  includes a $7,500 tax credit for qualified first-time home buyers purchasing homes on or after April 9, 2008 and before July 1, 2009. The following questions and answers provide basic information about the tax credit.* … [Read more...]