A special “Thank You!” to Julie Sandlin of First American Title for sending this along this morning.
 
Frequently Asked Questions:
First Time Home Buyer Tax Credit of $8,000
 
1. Who is eligible to claim the tax credit?
First-time home buyers purchasing any kind of home-new or resale-are eligible for the tax credit. To qualify for the tax credit, a [...]

A lot has happened since I’ve sent my last newsletter, and the majority has been very good.  Especially since the first of the year there have been some very encouraging signs of recovery.  But the economic hole we are in began being dug 20 years ago, when credit of all types became much more readily [...]

And maybe it still is.
NAR released numbers today that state exsisting home sales in September were the highest increase, month over month, since 2003.  Woohoo!, right?  Maybe not.  Nationally, home prices are still falling.  Even the eternally optimistic NAR econ-front man, Lawrence Yun, is cautious.  MSNBC reported Mr. Yun as offering the following: “housing may [...]

Hope Forbes doesn’t mind that I borrowed the slide from their totally hawt slideshow, that ranks Portland #4 as an area “Where Home Prices are Most Likely to Rise”.  See the slideshow here, and read the full article here.  They are saying by the year 2010.  I’m crossing my fingers but not holding my breath.  [...]