“When you look at the first five months of this year compared with the first five months of last year, we are still ahead of the game,” Peter [...]
|
||||||
|
“Without job growth, and with renters looking to cut costs, it’s been difficult for owners to raise rents very much,” Ryan [...] The Denver-area home market in January, while it did not book shoot-the-lights-out activity, appears to have set the stage for a much stronger spring season, as consumers are expected to take advantage of tax credit that are expiring, and lock in low mortgage rates, widely expected to shoot up in the coming months. The only thing hurting the Denver housing market is the luxury portion of it, which is experiencing a “pretty amazing crash,” says Jeff [...] “People are going to look back at this time and say, “We should have done something when rates were low, prices were low and we had the tax credits.” “People are going to look back at this time and say, “We should have done something when rates were low, prices were low and we had the tax credits.” “People are going to look back at this time and say, “We should have done something when rates were low, prices were low and we had the tax credits.” “People are going to look back at this time and say, “We should have done something when rates were low, prices were low and we had the tax credits.” Peole are going to look back at this time and say, “We should have done something when rates were low, prices were low and we had the tax credits.” Tom [...] An extension of the home buying tax credit is probably not enough to lure a huge number renters out of their [...] “Potential first-time buyers can take heart in that affordability conditions this year are the highest on record dating back to 1970, but with the first-time buyer tax credit scheduled to expire at the end of next month, people could hold back from entering the market,” NAR President Charles [...] Last month was the strongest September since at least 2001 for the weekly sales rate. The weekly sales rate, an often over-looked metric, is an important one for gauging the demand for housing, given the existing supply. For example, total sales were down slightly in September from August and a year earlier, but so is the [...] Henry Cisneros, the former HUD chief and now the head of a company that has been involved in the funding of $800 million in affordable, urban projects across the U.S. – including the Peloton in Boulder, is a strong proponent of extending the $8,000 federal tax credit for qualified first-time home buyers. “And not just because [...] “CHFA’s Mortgage Credit Certificates will supercharge a first time homebuyer’s federal tax savings by allowing the certificate holder to claim 20 percent of the mortgage interest paid annually, dollar-for-dollar, against their federal tax obligation,” Karen [...] |
   |
||||
|
Copyright © 2013 Inside Real Estate News - All Rights Reserved |
||||||