FAQ: First Time Home Buyer $8000 Tax Credit

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 [...]

12 Steps to Recovery: Our Credit Addiction

For anyone who has used a 12 Step program to overcome anything, this will sound familiar.  Being in the throes of an economic crisis, recovery should be on our collective mind.  It seems the media is flailing around, trying to point a finger at one single cause or source of our current crisis, but honestly, [...]

Well, It Sounded Like Good News….

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 [...]

Market Update ~ Portland & Beaverton

 If you haven’t checked out Altos Research  yet, it really is a must click/see/bookmark.  Currently they offer the most up to date information and real estate data.  Simply put, they rock.  I’m comparing Portland and Beaverton, although I did dig through some of the suburbs to the east and south.  The trends for those cities are [...]