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Archives: June 2010


House Extends Home Buyer Tax Credit Closing Deadline

RISMEDIA, July 1, 2010—(MCT)—The House of Representatives introduced and passed a proposal to extend the original June 30 closing deadline for home buyers who want to get up to ,000 in tax credits. The Home Buyers Assistance Act of 2010 … Read more

Posted on June 30, 2010 by admin | Posted in Home Buying | Leave a comment

Housing Crisis Likely to Drag Down Credit Scores

RISMEDIA, June 30, 2010—(MCT)—For countless Americans struggling to make their mortgage payments, the problems have just begun. Although a loan modification or foreclosure might allow them to put their housing problems behind them, millions will be dogged for years by … Read more

Posted on June 30, 2010 by admin | Posted in Home Improvement | Leave a comment

Home Buyers Who Missed 8,000 Dollar Tax Credit Coming Out Ahead

RISMEDIA, June 29, 2010—(MCT)—Home shoppers who missed the April 30 deadline for a housing tax credit might have the last laugh. For a variety of reasons, they could end up saving more than the ,000 they could have received from … Read more

Posted on June 28, 2010 by admin | Posted in Real Estate | Leave a comment

Low Mortgage Rates Not Enough to Lure Potential Home Buyers

RISMEDIA, June 28, 2010—(MCT)—Mortgage rates have tumbled to record lows, but high unemployment and job jitters by still-working Americans mean the milestone is unlikely to attract enough borrowers to boost the unsteady housing market, economic and real estate professionals say. … Read more

Posted on June 28, 2010 by admin | Posted in Home Buying | Leave a comment

Monday Morning Mobile: Take a Look at the Often-Overlooked

RISMEDIA, June 28, 2010—With all the excitement surrounding the iPhone 4’s release last week and simultaneous headlines about new Android devices on the way, no one seems to be paying any attention at all to the old faithful Blackberry. Those … Read more

Posted on June 27, 2010 by admin | Posted in Real Estate | Leave a comment

Homes Shrink as Market Sinks

RISMEDIA, June 26, 2010—(MCT)—When the going gets tough, the houses get smaller. Or at least that’s what data from the U.S. Census Bureau are suggesting. The average size of a new single-family house shrank significantly from 2008 to 2009, the … Read more

Posted on June 26, 2010 by admin | Posted in Real Estate | Leave a comment

Homes Shrink as Market Sinks

RISMEDIA, June 26, 2010—(MCT)—When the going gets tough, the houses get smaller. Or at least that’s what data from the U.S. Census Bureau are suggesting. The average size of a new single-family house shrank significantly from 2008 to 2009, the … Read more

Posted on June 26, 2010 by admin | Posted in Home Improvement | Leave a comment

Fannie Mae Getting Tough on Home ‘Walkaways’

RISMEDIA, June 25, 2010—(MCT)—Taking aim at homeowners who are able to pay their mortgage but decide it’s not worth it, Fannie Mae plans to go after them in court and to limit their access to home loans for seven years. … Read more

Posted on June 25, 2010 by admin | Posted in Real Estate | Leave a comment

May 2010 Shows a Continued Strong Pace for Existing-Home Sales

RISMEDIA, June 23, 2010—Existing-home sales remained at elevated levels in May on buyer response to the tax credit, characterized by stabilizing home prices and historically low mortgage interest rates, according to the National Association of Realtors. Gains in the West … Read more

Posted on June 25, 2010 by admin | Posted in Home Buying | Leave a comment