Archive for the 'Real estate' Category

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Good job Congress! Homebuyer tax credit is extended and expands to second home buyers!

Finally, Congress understood that our economy’s recovery depends on the recovery of housing and jobs market.
Congress has voted overwhelmingly to extend the $8000 tax credit to first time homebuyers for another 7 months and expanded the program to avail $6500 to secondary home buyers.  This means that investors will get a boost in purchasing investment […]

Opportunities in the current market

Savvy investors call this the best buying period of our lifetime.  Indeed, compared to five years ago where many are being priced out of the market, today’s market offers various advantages.
Adjusted for inflation, housing prices in some metropolitan statistical areas have fallen back to levels not seen since the 70’s.

State of housing and economy

What is the state of housing and economy today? That depends on who you talk to and how it is affecting the average person.  Personally, this has affected us dramatically.  With consumer demand on a downward spiral, credit companies cutting credit lines, home values under water and topping it off with unemployment, I say we’ve […]

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