Frederick Co Real Estate Headlines
January 4, 2010
Tax Credit Extended and Expanded!
November 9, 2009
Great news if you are planning on buying or selling a home by next spring - the First-Time Home Buyer Tax Credit has been extended and expanded. GREAT NEWS! The First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers is extended until April 30, 2010. EVEN BETTER! Now current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010 may receive a credit of up to $6,500 when purchasing a new or existing home between November 7, 2009 … [Read more...]
New Energy Efficiency Disclosure Law
October 31, 2009
Montgomery County has added another requirement for home sellers... After January 1, 2009, Home Sellers must supply prospective Buyers with copies of the past 12 months of their electric, gas and heating bills OR they must complete a usage history form for the past 12 months. Sellers must also supply buyers with additional information on energy efficiency and audits. So, if you are planning on selling your home in the next year or so, you may want to keep this in mind and … [Read more...]
Mid Atlantic Real Estate Market Update
October 31, 2009
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...]
First Time Homebuyer Tax Credit (2009) FAQ
September 16, 2009
UPDATED NEWS HERE! Time is running out on the First Time Homebuyer Tax Credit!! The current conventional wisdom is that there is only a 50% chance that Congress will renew this tax credit. Below are the highlights of the plan: Tax Plan Highlights: The tax credit is for first-time home buyers only. The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000. The tax credit does not have to be repaid. (different from the 2008 version!) The credit is … [Read more...]
2009 Mid Year Trends in Housing Update
August 3, 2009
I thought you might find this video informative. Sandy Paul, of Delta Associates, discusses the highlights of their Mid-Year Trends in Housing Real Estate Report for the DC Metro Area (including the Maryland and Virginia suburbs). Produced by Delta Associates for MRIS - the local multiple listing service. … [Read more...]
First Time Homebuyer Tax Credit (2009)
February 23, 2009
UPDATED NEWS HERE!!! First Time Homebuyers now have a new tax credit that makes buying your first home a little bit easier. The passage of President Obama's stimulus plan, The American Recovery and Reinvestment Act, provides first time homebuyers with a real tax credit that packs a larger punch than last year's Housing and Economic Recovery Act Tax Credit. Confused? Let's see if we can help... The best (and simplest) explanation that I have come across was written by … [Read more...]
