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federal tax exetension: Condo Sales on the Rise - 11/23/09 06:19 PM
Florida Sales Report - October 2009
Existing Condominiums
•(1) *Statewide figure includes data from the Naples Area Board of Realtors; it also includes data from the Marco IslandAssociation of Realtors.
•(2) Data from the St. Augustine-St. Johns County Board of Realtors is not available.
Editor's note: Sales numbers represent totals of Realtors' closed transactions from local Realtorboards/associations within the MSAs.
This information is based on a survey of MLS sales levels from local Realtor boards/associations. MSAs are defined by the 2000 Census. Source: Florida Realtors® and the University of Florida Bergstrom Center for Real Estate Studies.
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federal tax exetension: TAX CREDIT UPDATE - 10/31/09 09:55 AM
October 30, 2009-(MCT/The Wall Street Journal)-The Senate has reached a compromise on extending and expanding the $8,000 tax credit for first-time home buyers, a boost the housing industry believes will help it pull out of its two-year-old downturn. While its passage remains uncertain, the agreement would extend the existing credit for first-time homebuyers, worth up to $8,000, while offering a new credit of up to $6,500 for some existing homeowners, Senate aides said. The reduced credit would be available to all homebuyers who have been in their current residence for a consecutive five-year period in the past eight years. Lawmakers in Washington also … (5 comments)
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federal tax exetension: NAR UPDATE ON TAX CREDIT - 10/29/09 04:59 PM
The National Association of REALTORS® (NAR) sent the following update this morning regarding the extension and expansion of the $8,000 First-Time Homebuyer Tax Credit being debated in Congress right now:
"We've heard from a lot of you this morning that saw news reports about the tax credit. The bottom line is that nothing has been voted on at this time.
Senate leaders of both parties, key Senate Finance Committee members and staff and Tax Credit Sponsors Sen. Chris Dodd (D-CT), Sen. Joe Lieberman (I-CT) and Sen. Johnny Isakson (R-GA) have agreed on extending and expanding the housing tax credit.
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federal tax exetension: Extension of Tax Credit - 10/27/09 06:24 PM
NAR Hard at Work- The United States Senate is expected to vote today on a bill to extend Unemployment Insurance benefits. This bill will contain the Dodd - Lieberman - Isakson Amendment to Extend and Expand the $8,000 First Time Homebuyer Tax Credit. The Extended and Expanded Tax Credit will contain the following provisions: Amount: $8,000 Eligibility: ALL HOME BUYERS (Step-up buyers will have to have lived in their current home for 7* years to be eligible) Income Limits: $125,000 for single filers/$225,000 for joint filers Time Frame: December 1, 2009 to April 30, 2010 plus 60 Day extension if binding … (1 comments)
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Lu Cohen
Boca Raton,
FL
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Realty Associates
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