Michael Bloch's (mbloch) Blog

Congress has approved an $8,000 tax credit for fist time buyers. We were disappointed to see congress reduce the $15,000 tax credit for all home buyers to $8,000 for first time buyers. This is still an improvement from the current $7,500 tax credit currently offered because it does not need to be...

Two of the buzz words right now in real estate are “foreclosure” and “short sale”. Currently, the MLS (multiple listing service) in Santa Cruz County is full of both foreclosure and short sale listings.  I have been noticing that although just about everyone has heard these terms and have a leas...