From now until the end of April in Salt Lake County, there will be more offers written on homes for sale then there will be in all of 2010. Good news for home seller Right? We’ll maybe if you keep your guard up. I have to say the 2010 Home Bing Tax [...]
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Treasury Inspector General for Tax Administration estimates that 73,799 taxpayers have incorrectly claimed the first-time home buyer tax credit. National Association Of Realtors Source: The New York Times, Lynnley Browning (12/22/2009) Don’t make a mistake now the Rules Know the IRS Laws on the First time Home Buyer Program First Time Home Buyer Tax Credit [...] How about a real alternative Realty As Is Grand Slam Grant! Utah Legislature has used the last 1/3 of the Utah People TARP funds, allocated to the state of Utah, for New Construction Home Buyers Grant. I guess they had to give the development companies more assistant to sell their overpriced, new construction home!!!! There [...] It you’re a first time home buyer and your waiting to get a good deal save money or just haven’t had time to get in the home buying game, I have news. The First Time Home Buyers $8000 free, Tax credit expires November 30 2009. With the new disclosure laws it will take 45 [...] Now that we have the economics 101 out of the way let’s look at the Reality As Is way a market behaves, or in this case misbehaves. Markets for housing are constantly in flux, having homes sell and new home come on the market and how that relates to pricing. To price a property correctly in this type of market with an absorption rates less than 8 months but not less than 3 months, you would have to be an attractive home in the lower 30% of the price range for similar properties in order for it to sell in the next 12 [...] |
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