Tax Credit, Tax Credit For First-time Homebuyers | featured news

Home prices rise in 20 major cities as buyers rush to obtain tax credit

A 3.8% increase in April compared with the same period last year is the third straight month of appreciation but analysts say prices are likely to drop again with the end of the tax credit. L.A., San Diego see gain of 0.7%.

Home prices in 20 major cities gained ground for the third consecutive month in April when compared with their year-earlier levels.

 

New home sales at record low as tax credit expires

Sales of new homes dropped a record 32.7 percent in May to the lowest level in at least four decades as the boost from a popular tax credit faded, adding to worries of a slowing economic recovery.

 

Housing Starts Stumble After Stimulus

Extending the homebuyer tax credit won't avoid a possible double-dip, only delay it.

 

Home sales jump 15%

New home sales soared in April as homebuyers rushed to claim the tax credit that expired at the end of the month.

 

Home prices stabilize in 60% of U.S. cities

Home prices rose in nearly 60 percent of U.S. cities in the first quarter of this year, as the housing market started to stabilize thanks to billions of dollars in federal spending.

 

Obama advertises tax breaks ahead of Tax Day

Obama advertises tax breaks ahead of Tax Day

Just ahead of Tax Day, President Barack Obama is urging Americans to take advantage of tax credits for first-time homebuyers, college students and others.

 

Sharp Rise in U.S. Home Sales in February

Sharp Rise in U.S. Home Sales in February

The wobbly housing market is showing a rare sign of strength: pending home sales were up significantly in February, a report released Monday said, suggesting that Americans took advantage of a tax credit for home buyers.

 

Pending Home Sales Rise

A forecasting gauge of existing-home sales rose in December, suggesting the housing market is steadying after sharp swings caused by a government tax credit.

 

December home sales down nearly 17 percent

December home sales down nearly 17 percent

Sales of previously occupied homes took the largest monthly drop in more than 40 years last month, sinking more dramatically than expected after lawmakers gave buyers additional time to use a tax credit.

 

Credit Helps to Lift U.S. Home Sales

The number of homes with tentative buyers reached its highest level in three years in October, as Americans took advantage of a credit for first-time homeowners.

 

Subscribe to this RSS topic: Syndicate content