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federal tax credit: Va Beach Real Estate and update on Homebuyer's Federal Tax Credit and more info!!! - 11/06/09 10:50 AM
Yes, yes, and yes!!!! The Bill that includes The Homebuyers Federal Tax Credit has been passed by the Senate and the House and, as the MBA ( Mortgage Bankers Association) indicated in a release today that "we anticipate that President Obama will sign the bill in very short order"!! Great news for many many Homebuyers and definitely this bill includes more Homebuyer's then ever before.
See below for information on this part of the bill that was included in a Blog I sent out on 11/05/09.
"In this Homebuyer Federal Tax Credit part of the bill, funding will be available for Home purchases up to May 1, … (0 comments)
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federal tax credit: September of 2009 Virginia Beach Area Real Estate and hitting bottom in Home Pricing!! - 09/15/09 04:39 PM
Well, it's September of '09 and we all have a little bit different idea of where we are as far as hitting bottom in Home Pricing. We know what happens when inventory of Homes for sale go down (which it's doing now--less homes for sale in *S Hampton Roads currently then in 2008 by 3.8%.) AND the gap continues to close between median Sales Prices of Homes in '08 vs '09 (from -12.1% in January of this year to -2.6% in August of '09) AND, Hey, Interest Rates continue to hang around in the 5% range, a little higher but not much. That's good news.
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federal tax credit: The 2009 Virginia Beach Area Real Estate bottoming out!? - 03/26/09 03:19 PM
If your waiting for the real estate residential market to bottom out, I believe the time is near. When we reach the bottom, a lot changes in the ride up from the bottom--price of Homes increase; interest rates go up, and inventory of Homes goes down. Anyone in the market to buy a Home "cheap", don't wait too long or it could pass you by. Listen up 1st time Home Buyers and relocating Retirees! Buy low now!
As you know, currently, prices of Homes are low, interest rates are below 5% and a large inventory of Homes are available in all price ranges. Additionally, if you know of anyone that … (2 comments)
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Jim Willis knows Virginia Beach Area Real Estate
Virginia Beach,
VA
More about me…
Rose and Womble Realty
Address: 1215 Volvo Parkway, Chesapeake, Va, 23320
Office Phone: (757) 523-4900
Cell Phone: (757) 287-6345
Email Me
See all Homes for sale in Virginia Beach, Chesapeake, Norfolk and all surrounding areas of Va. Go to any Hyperlink of www.googlejim.com. My site has details, addresses, and photos of all homes--site is updated 3 times daily! Enjoy!
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