homebuyer tax credit

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New U.S. home sales reach peak for year

New home sales inched upward nationwide to a seasonally adjusted annual rate of 323,000 in April 2011, the highest level achieved this year, according to a report released today by the Department of Commerce....

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Is the first-time homebuyer’s tax credit really just a tax liability?

Thousands of taxpayers took advantage of the first-time homebuyer tax credit which expired last May. People who purchased a...

Obama “housing scorecard” touts home equity gains, mortgage mods

Obama “housing scorecard” touts home equity gains, mortgage mods

Record-low mortgage interest rates helped to further stabilize the housing market over the past month, according to the latest...

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Can the IRS handle the homebuyer tax credit program basics?

The federal homebuyer tax credit programs have been widely praised for stimulating real estate sales, but also reviled by...

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Shiller urges new approach to housing crisis

Robert Shiller Policy makers need to be more “inspirational” when designing solutions to the housing market crisis, according to...

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Metro home prices stabilize, sales rise

The upward trend in home prices solidified in the second quarter of 2010 with more metropolitan areas showing increases from a year ago, aided by a rise in home sales driven by the homebuyer...

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$9M in homebuyer tax credits go to prisoners

Nearly 1,300 incarcerated prisoners — 241 of whom were serving life sentences — were among those who received the...

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Unpleasant jolts en route to tax credit

For thousands of homebuyers who scrambled to meet the April 30 federal tax credit deadline for completed contracts, there’s a whole new challenge looming: Can they nail down their mortgage financing and get to...

Bounce from tax credit could last past the deadline

Bounce from tax credit could last past the deadline

While the first-time homebuyer tax credit program is set to expire April 30, it could end up affecting housing...

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