19 January 2010, 6:08 am
The year got off to a dismal start in January and February, but things steadily improved as word spread about the federal credit Congress created for first-time homebuyers, Nolan said. June was the first month that saw a year-over-year rise in home sales, with a 1.4 percent increase.
In October, homes sales rose a surprising 11.6 percent. November proved to be the strongest month for home sales with sales up 48 percent. December sales improved by 2.9 percent as compared to the same month of 2008.
23 December 2009, 11:07 pm
The median selling price in the five-county area was $125,000 in November, up just 4 percent over one year ago, according to Greater Northwest Indiana Association of Realtors figures. The association serves Lake, Porter, LaPorte, Jasper and Newton counties. In the five counties served by the association, 710 homes were sold in November, as compared to 479 in November 2008. The new incentives for home buying are giving relief to sales agents, who have suffered through one of the worst housing slumps in decades.
Filed under Loans and Credit, Porter County Sales, ReHabs, Uncategorized.
Tagged 6500 tax credit, 6500k tax credit, 8000k tax credit, Area Leader, Buying Real Estate, Indiana, internet real estate marketing pro, Lake County Indiana Real Estate Sales, mike adams, Porter County Real Estate Sales, Real Estate Sales, Realtors, Selling Real Estate
6 November 2009, 10:23 am
The tax credits, added by the Senate, center on extending the popular $8,000 credit for first-time homebuyers that was included in the stimulus package. The credit, which was to expire at the end of this month, will be available through next June as long as the buyer signs a binding contract by the end of April. The program is expanded to include a $6,500 credit for existing homeowners who buy a new place after living in their current residence for at least five years. Prolonging the life of the homebuyer credit has been a priority of the real estate industry…
19 April 2009, 11:56 am
George Mollway Sr. Loan Officer A&M Mortgage Group 800-794-0634, a good friend on mine sent me this information on the tax credit. He has been in the Mortgage Business a long time and is really excited about this windfall for buyers. Click on the image below and learn more. to learn more about George go [...]
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