Fed, Treasury Announce Plan to Jumpstart Lending
The Federal Reserve and Treasury Department on Tuesday unveiled hundreds of billions more in money they are pumping into the struggling U.S. economy, trying to jumpstart lending by the nation's banks for mortgages and consumer debt.
Together, the programs from the Federal Reserve and the New York Fed aim to dump $800 billion in additional funds into ...
First Time Buyer Tax Credit
(July 30, 2008) A $7,500 tax credit is now available for any qualified purchase between April 8, 2008 and June 30, 2009, as part of the Housing and Economic Recovery Act of 2008.
Follow this link for more information:
http://www.realtor.org/GAPublic.nsf/files/chart_homebuyer_tax_credit_.pdf/$FILE/chart_homebuyer_tax_credit_.pdf
Here's what Gary Keller, co-founder and chairman of Keller Williams Realty, has to say about waiting out the current market.
First, residential real estate is not a national product-it is a local one. To say from a national position that this is either a good time or a bad time to buy real estate is like saying the national forecast for the U.S. today is 92 degrees-it is a useless and irrelevant ...
Posted on Wed, Nov. 12, 2008
Phila.-area housing market still outperforming
By Alan J. Heavens
INQUIRER REAL ESTATE WRITER
The region's real estate market continued to outperform many other areas of the country and the nation as a whole in the third quarter, according to study released today by Zillow.com, the real estate search engine.
The study, which covers Philadelphia, Camden and Wilmington ...
Click the URL below to hear the latest real estate update from Keller Williams.
http://www.youtube.com/user/kellerwilliams
SIMPLIFY YOUR HOME BUYING EXPERIENCE:Buying a home can seem to be an enormous undertaking, be sure to retain the services of a qualified Realtor. You can trust our Team of Realtors to always keep your interest first and foremost. As qualified professionals, they'll guide you through the entire home buying experience and assist you in being an informed buyer.
SIMPLIFY YOUR SEARCH:What features do ...
A conversation with NAR leader Charles McMillanNational Association of Realtors President-elect Charles McMillan said he supported the federal government's takeover of Fannie Mae and Freddie Mac during an interview Monday. Here's some of what he had to say about the national housing market:Question: The federal government took over Fannie Mae and Freddie Mac. Did you think it was necessary in ...