Tag Archive | "homebuyer tax credit"

Fannie and Freddie Trump Homebuyer Tax Credit

Friday, October 22, 2010

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Keeping Freddie and Fannie solvent has cost taxpayers six times as much as the homebuyer tax credit and, depending on the economy, could just about equal the cost of mortgage interest deduction over the next two years, according to projections released yesterday by the Federal Housing Finance Administration.

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Did Too Many FHA Buyers “Borrow Forward?”

Monday, October 11, 2010

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  Will the newly imposed changes to the FHA loan program, which finances one out of every three residential transactions in America, cause another drop to home sales?

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Move-up Buyers Claim One Third of Tax Credits

Wednesday, September 8, 2010

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Preliminary reports indicate that more existing homeowners than expected took advantage of the homebuyer tax credit to help buy a new home this year.

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Tax Credit Talk Splits Real Estate Community

Tuesday, August 31, 2010

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HUD Secretary Shaun Donovan created turmoil in the real estate industry when he said on CNN Sunday that a restoration of the homebuyer tax credit is "not off the table" and that it is "too soon to say" whether the administration's credit tax credit, which expired April 30, will be revived.

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Donovan Floats Tax Credit Balloon

Monday, August 30, 2010

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After admitting twice that the July home sales numbers released last week were "clearly worse than we expected," HUD Secretary Shaun Donovan did not rule out the prospect that the Administration will revive the homebuyer tax credit that expired April 30.

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Tax Credit Temporarily Checked Falling Home Values

Monday, August 9, 2010

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Though home values in the United States continued to decline in the second quarter of 2010, the percentage of single-family homeowners with mortgages who are underwater fell to 21.5 percent from 23.3 percent in the first quarter and 23 percent one year ago., according to the Zillow Real Estate Market Reports.

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Prices Rise 7.9 Percent

Thursday, August 5, 2010

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Despite reports that sellers were dropping prices following the expiration of the homebuyer tax credit April 30, a new national report found that prices rose an average of 7.9 percent in the second quarter over the first, though price increases on listings slowed in June.

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