To qualify for the new $6,500 Move-up/Repeat Buyer Tax Credit, you must meet the following criteria:
* Repeat buyers must have owned and resided in their primary residence for 5 years out of the past 8 years. This does not have to be the last 5 years, but any 5 years out of the past 8 years.
* You do not have to buy a home that is more expensive than your current home.
* You must be in contract for your new home by April 30, 2010 and close by June 30, 2010.
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real estate: The real estate market - trends
- 07/23/08 08:24 AM
Below are some numbers that I found to be pretty interesting. The housing market has been consistent over time with appreciation and continues to be a great investment. Similar to other long-term investments, real estate will have it's ups and downs, but over time will increase in value.
Here is The Current Median Sales Price of U.S. Homes (found on Realtor.org) WEST - $341,300 MIDWEST - $165,300 SOUTH- $185,000 NORTHEAST- $276,800
National Trends in the US on Average Home Value 1990 $95,500 1995 $112,900 2000 $139,000 2005 $219,600 2007 $222,600
Purchasing a home is a good investment because it builds equity over … (0 comments)
real estate: Financial Freedom
- 07/01/08 12:44 AM
Financial Freedom Setting goals for today and the future may not be easy, but getting your plan in order will get you where you want to go faster! IDENTIFY YOUR GOALS! WHAT? What do you want to accomplish (ex. pay off credit card, save for a home improvement, etc.) WHEN? Set a specific start and end date for meeting you goal WHERE? Where are you getting the money to meet your goals? Will it come from saving, cutting other expenses, investing, etc? WHY? The most important question. Decide why your goal is important to you. Your "why" is what keeps you … (0 comments)
real estate: Home Remodeling - What pays off
- 05/17/07 03:50 AM
Maybe you've been feeling the need for more space, less space, or just different space. You've been wondering-which solution will give me what I want with the least financial hit? Here's one gauge to use: Expect moving to cost about 10% of your home's current value. If your remodel project can be done for less than that, stay and do it! But plan it with an eye on the potential resale value.
When you are ready to firm up your plans, here are suggestions from industry experts: Kitchen: Add usability with dual sinks and cooking stations. Add aesthetics with commercial-quality and stainless steel appliances, stone … (0 comments)
real estate: Is your house Ready?
- 05/04/07 04:49 AM
Is your House Ready?The house that Sparkles will sell faster than its shabby neighbor, even if both are well-maintained. A well-polished house appeals to more buyers and will sell faster and for a higher price. Additionally, buyers feel more comfortable purchasing a cared for home because if what they can see is maintained, what they can't see has probably also been maintained. In readying your house for sale, consider: how much should you spend exterior and curb appeal preparing the interior How much $$ should you spendIn preparing your home for the market, spend as little money as possible. There is … (0 comments)
real estate: Curb Appeal
- 05/04/07 04:33 AM
Home Selling Advice to Help You Attract Potential Buyers A large percentage of homebuyers decide whether or not to look inside a house or take it seriously based on its curb appeal-the view they see when they drive by or arrive for a showing. You can help make sure they want to come inside your house by spending some time working on the exterior appearance. It's difficult to look at our own house in the same way that potential home buyers do, because when we become accustomed to the way something looks and functions, we can't see its faults. Decide right now … (2 comments)
real estate: Buyers Take advantage of an open house
- 05/04/07 04:21 AM
Home buyers all too often leave an open house simply because they didn't like the house. But what they really should be doing is taking advantage of a prime opportunity to pick up useful information that might aid in their search for a new home. From learning about the area to finding a good real estate agent, an open house can provide a wealth of knowledge whether you like the home itself or not. So, outside of learning about the home, what other kinds of information might you learn by attending an open house? Shop for an agent If you don't already have a … (0 comments)
real estate: Average home prices in the Dayton area, by community
- 03/26/07 12:58 PM
Here is some interesting home price averages by community in the Dayton area. Along with the averages, the range is also on this list. Check back soon.. COMMUNITY # SOLD AVE SALE PRICE PRICE RANGE LOW TO HIGH
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real estate: Dayton Real Estate Market - Statistics coming...
- 03/22/07 01:52 PM
After putting a lot of thought into what my blog will be about, I have decided to do my blog on real estate statistics in the Dayton area. I would like to put into perspective the REAL Real Estate Market, and not what the media brings to us. For instance, we were told by the media throughout 2006 that the real estate market was down, houses just weren't selling. Let me give you one statistic for starters. In 2005, in the Dayton Area, 14,621 residential homes were sold. In 2006, in the Dayton Area, 14,516 residential homes were sold. Not much of a drop in actual home … (0 comments)
Dayton Area Real Estate market statistics and helpful information. From averages to mortgages to avoiding mistakes that buyers make. Helpful information is a click away.
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