Sentences with phrase «buyer tax credit»

Had we stuck with our game plan, we would have ignored the long queue of home buyers lining up at our door to cash in on record low prices, rock bottom interest rates and the first - time buyer tax credit.

After the Federal home buyer tax credit expired at the end of April 2010, sales slowed throughout the country in summer and fall 2010 (ii)-- even though mortgage rates remained low, and dropped below 4 percent in the fall.

This was largely in response to the Federal home buyer tax credit for first - time and repeat buyers.

June 2010 was the closing deadline for the home buyer tax credit.

BRING BACK THE FIRST TIME BUYER TAX CREDIT!»

The Pending Home Sales Index (PHSI), a forward - looking indicator based on contract signings, rose 2.4 percent to 90.9 in June from 88.8 in May and is 19.8 percent above the 75.9 reading in June 2010, which was the low point immediately following expiration of the home buyer tax credit.

The home - buyer tax credit gave a strong boost to many companies in the first six months of the year, but its expiration made the challenges of the 2010 market all the more stark in the second half, she says.

The Pending Home Sales Index, * a forward - looking indicator based on contract signings, rose 2.4 percent to 90.9 in June from 88.8 in May and is 19.8 percent above the 75.9 reading in June 2010, which was the low point immediately following expiration of the home buyer tax credit.

At the top of our priority list is a big push to expand and extend the federal home buyer tax credit.

The sales were the highest recorded for the month since 2010, especially notable because sales in 2010 were boosted by a federal home buyer tax credit.

«As expected, sales are slowing down now that the home buyer tax credit has expired, but record - low mortgage interest rates, along with stable and affordable home prices in most areas, provide opportunities for buyers who weren't able to take advantage of the credit,» she said.

The First Time Home Buyer tax credit has been the target of many debates over the last year.

Home sales are on track to outperform last year, even though the market doesn't have the benefit of the home buyer tax credit.

The trend in firming home prices solidified in the second quarter with more metropolitan areas showing increases from a year ago, aided by a surge in home sales driven by the home buyer tax credit, according to the latest survey by the National Association of REALTORS ®.

The expiration of the $ 10,000 home - buyer tax credit will reduce demand.

It worked with the Center for Responsible Lending to warn consumers about the risks of using alternative loan products and lobbied Congress to pass a temporary home buyer tax credit to help sustain sales.

Data from the National Association of Realtors also shows the percent of sales accounted for by first - time home buyers is flat after spiking due to the Home Buyer Tax Credit, which expired in 2010.

We've had an amazing response, with more than 12,000 registrants for our first two 60 - minute sessions — the first of which focused on short sales and the second on how to help clients use the first - time buyer tax credit.

Total existing - home sales1, which are completed transactions that include single - family, townhomes, condominiums and co-ops, declined 0.8 percent to a seasonally adjusted annual rate of 4.77 million in June from 4.81 million in May, and remain 8.8 percent below the 5.23 million unit level in June 2010, which was the scheduled closing deadline for the home buyer tax credit.

Lawrence Yun, NAR chief economist, said the index is at the highest level since April 2010, which was shortly before the closing deadline for the home buyer tax credit.

The national results show a mild 0.1 % gain, which is the first time the U.S. has seen yearly gains since September of 2010, when price growth was fueled by the first - time home buyer tax credit in place at the time.

The last time the index was higher was in April 2010 when it reached 111.5 as buyers rushed to beat the deadline for the home buyer tax credit.

Thanks to solid gains in the lower end of the housing market, the first - time home buyer tax credit, and the rebounding stock market, lenders in mid — 2009 began cautiously lending money beyond the safe Fannie Mae, Freddie Mac, and FHA loans on which they relied for income during the credit crunch.

The January 2013 PHSI was 9.5 percent higher than the same period a year ago and is the highest since April 2010 when the home buyer tax credit was expiring.

The January index is the highest since April 2010 when it reached 111.3 as buyers were rushing to take advantage of the home buyer tax credit.

Perhaps most important is that the National Association of Realtors Pending Home Sales Index for March increased more than 4 percent, reaching its highest level since the end of the home buyer tax credit period.

It's what you'd expect for the spring market, especially with buyers cashing in on the federal home buyer tax credit.

So last November, when the Home Buyer Tax Credit was revised to increase the income limitations and expand it to long - time homeowners, we were on top of it.

First, to provide a great resource site for people across the country who want to understand the home buyer tax credit.

I'm seeing an upswing in sold prices and the amount of homes selling since the April 30th deadline of the Home Buyer tax credit.

Is the lack of a First - Time Home Buyer Tax Credit, which -LSB-...]

The number of single - family completions at 524,000 was the highest since the rush to respond to the home buyer tax credit in early 2010.

«We all want to enable FHA consumers to access the home buyer tax credit funds when they close on their home loans so that the cash can be used as a downpayment,» Donovan said.

The second thing that could stall the lower price point is the end of the first time buyer tax credit come Dec 1st.

A logical follow - up question would then be whether any of this is attributable to the Home Buyer Tax Credit, which was in effect during part of the time analyzed and initially targeted first - time buyers.

Bankers, regulators, policymakers, the Federal Reserve — everyone has been going out of their way to figure out how to kickstart housing — the $ 8,000 first - time home buyer tax credit, QE, near zero interest rate policies, and the GSEs revising lending policies to make it easier for home buyers to obtain financing even as bank lending dried up.

Congress has approved the extension and expansion of the home buyer tax credit into 2010.

Pending home sales rose in February, potentially signaling a second surge of home sales in response to the home buyer tax credit, according to the National Association of REALTORS

How would we have fared last year without the 2010 home buyer tax credit?

Among other contents: a snapshot of NAR's legislative efforts in Washington, D.C., and a rundown of recent victories such as the $ 8,000 first - time buyer tax credit and the bill that permanently bans banking conglomerates from entering the real estate business.

«We all want to enable FHA consumers to access the home buyer tax credit funds when they close on their home loans so that the cash can be used as a down payment,» Donovan says.

Hosts Stacey Moncrieff and Robert Freedman of REALTOR ® Magazine discuss the details of the first - time home buyer tax credit with the two industry experts, Amy McAnarney, Executive Director of The Tax Institute at H&R Block, and Steve Schmitz, a broker from Hillsboro, Ore..

As the market gains equilibrium, take the time to think about how you'll position your marketing after the home buyer tax credit expires.

The new home buyer tax credit should help, but I don't think we'll see an immediate bump.

They're grateful for the extension of the home buyer tax credit.

With the home buyer tax credit ended and the housing market now largely on its own, how can we expect the real estate market to perform?

RISMEDIA, March 27, 2010 — RE / MAX agents report that the home buyer tax credit currently can deliver meaningful savings, but only for those who, at a minimum, have a binding contract to purchase a home in place on April 30, 2010.

RISMEDIA, March 22, 2010 — The National Association of Exclusive Buyer Agents (NAEBA) expressed support for legislation recently introduced by Representative Eliot Engel (D - NY17) that would amend the Internal Revenue Code of 1986 eliminating the so called «marriage penalty» from the Home Buyer Tax Credit.

Tips for buyers Interested in buying a home and claiming the home - buyer tax credit?

This winter, however, might be different, thanks to the extended — and expanded — first - time home - buyer tax credit.