Feeling the Crunch – Will the Tax Credit be Extended?

Many buyers are feeling the deadline crunch and are trying to purchase a house before the November 30th deadline. That’s when the First Time Homebuyer Tax Credit expires, but the deadline is actually much earlier than that.  Here in Michigan, the banks are requiring nearly 45 days to close which puts the deadline for the […]

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Pending Home Sales have Seen an Increase of 3.2 Percent

Video: The National Association of Realtors®  announced the Pending Home Sales Index has seen an increase contract activity for six straight months. “The recovery is broad-based across many parts of the country. Housing affordability has been at record highs this year with the added stimulus of a first-time buyer tax credit.” Lawrence Yun, Chief Economist & Senior […]

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Good News for First Time Home Buyers and the Housing Market!

An announcement was made at The Real Estate Summit: Advancing the U.S. Economy today that will help people to buy a home. “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,” […]

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