Housing Market, Tax Credit | featured news

Pending home sales reach 3-year high

Signed contracts to buy previously occupied U.S. homes rose for the eighth straight month in September as buyers scrambled to take advantage of a tax credit for first-time buyers.

 

Fraud Reported in Program to Help New Homebuyers

Just as Congressional leaders are calling to extend a tax credit for first-time homebuyers, government investigators are reporting widespread abuse.

 

New-home sales up 11% in June from previous month

New-home sales up 11% in June from previous month

Price cuts and tax credits provide a boost.

 

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