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tax credit: First-Time Homebuyers May Find New Expenses with New Home--but don't forget the tax benefits - 04/17/10 11:43 AM
As the expiration of the First Time Homebuyer Tax credit approaches (April 30th), there have been varying reports on how much this tax credit has really stimulated housing purchases. The consensus seems to be it has helped those who already were considering buying to get off the fence and do so; otherwise, it hasn't been a big factor. That has been my experience as well in Montrose. The problem continues to be the buyer's ability to qualify for financing, as well as the overall affordability of home ownership. Those who have bought their first home may have been surprised by some … (0 comments)
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tax credit: Positive News Continues--Especially for Montrose Real Estate - 09/05/09 02:57 PM
There may be a pot of gold at the end of the rainbow after all. After months of hearing nothing but bad to worse news concerning the real estate industry and the economy in general, we're finally receiving positive news that things are improving, with new home sales up across the nation. Click here to read such a report from REALTrends.
Certainly, here in the Montrose area, we're seeing a lot more activity, especially for homes in the $200,000 and under range. We're also seeing a greater number of short sales and foreclosures, which is spurring interest from investors and bargain hunters, although … (1 comments)
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tax credit: How to you spell relief? Loan mods, refinances and the $8,000 Tax Credit - 06/03/09 06:16 PM
It's been about a three months since Obama's stimulus plan was first announced and then the details revealed on March 4th. It does seem to be having a benefit in boosting sales activity in Montrose and the other Western Slope communities we serve. And now there's more talk about improving upon it, by allowing its use as a down payment for FHA loans, and there's a push to get it extended beyond November 30, 2009, increased to $15,000, and to expand it to all buyers, not just first-time home buyers. I'll report more on that if and as anything changes.
In the … (2 comments)
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Ninah Hunter
Montrose,
CO
More about me…
Keller Williams Colorado West Realty, LLC
Address: 2350 S. Townsend Ave., Montrose, CO, 81401
Office Phone: (970) 252-8528
Cell Phone: (970) 318-0064
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