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Archive for July, 2008

LI may be in line for federal housing help - Newsday

Thursday, July 31st, 2008


Long Island ’s dubious distinction at or near the top of statewide lists on foreclosure-related filings may put the region in line for a big bite of the $350 billion-plus in federal housing programs signed into law Wednesday by President George W

How to Monetize the Home Buyer Tax Credit? - Wall Street Journal
Never underestimate the creativity of the nation s largest home builders in finding ways to put buyers into houses. The latest project: monetizing the first time home-buyer tax credit that s part of the recently enacted housing legislation

Housing Bill Impact for First Time Buyers - WLNS
The dream of owning a home just got a little easier for some as President Bush signs the housing bill. A major part of the bill provides incentives to first time home buyers. They would get a tax credit for 10% of the purchase price of the home, but

New law benefits first-time buyers - WOWT
With credit markets still shaky, housing markets sinking fast and some homeowners desperate for help, President Bush signed a wide-ranging housing rescue bill Wednesday that provides billions for mortgage company safety nets and first-time buyers

First-time home buyers can tap IRA - Boston Globe
Inman News A friend of mine is a single mom who became a real estate salesperson several years ago following her divorce. She had a consistent flow of buyers and sellers until the beginning of the year when the market slowdown became even more

Federal housing tax credit should boost real estate market, home - MLive.com
Photo by Jake LaDuke Dale Shugars, executive vice president of HBAGK, speaking at the July 31 press conference. The new First-Time Home Buyer Tax Credit has the Home Builders Association of Greater Kalamazoo optimistic about the future of the

New Housing Bill Spells Relief for First-Time Home Buyers, Non - MSN MoneyCentral
President Bush signed into law Wednesday a weighty housing and economic recovery bill designed to encourage homeownership, revamp the housing finance industry and reduce foreclosures. The Tax Institute at H&R Block reports that the legislation will

Eleventh CDA rehab home was vacant since 2000 - Fulton Valley News
The Fulton Community Development Agency s eleventh home under its Reclaim/Resale program has just been renovated. The home, located on West Second Street, will soon be occupied by a first-time home-buyer, according to Joe Fiumara, executive

Programs still available for first-time home buyers - KTAR.com
Even though it’s a buyers market out there with Valley home prices dropping significantly, the number of applicants for first-time buyer programs has too. “We actually have seen maybe a slight drop. What we have found is that lenders have become more

CORRECTED - CORRECTED-Lone Star to launch real estate financing in - Reuters UK

Thursday, July 31st, 2008

TOKYO, July 23 (Reuters) - U.S. private equity firm Lone Star [LS.UL] will start extending loans for real estate deals in Japan, eyeing a rush of property to be put on the block by developers keen to raise funds, sources familiar with the matter said Read more

First-time home buyer training offered - Eagle-Tribune

Thursday, July 31st, 2008

Community Action Inc. is offering a first-time home buyer education program for area residents beginning Aug. 12 from 6 to 8:30 p.m., in the Presidential Gardens community room, 140 Evergreen Drive, Bradford. Participants will receive comprehensive Read more

President Bush on Wednesday signed what some are calling landmark housing legislation. The massive bill is intended to provide mortgage relief for 400,000 struggling homeowners and stabilize financial markets. We look forward to put in place new Read more

www.car.org - The CALIFORNIA ASSOCIATION OF REALTORS(R) (C.A.R.) applauds President Bush’s decision to sign H.R. 3221 into law. For the past several years, C.A.R. and the NATIONAL ASSOCIATION OF REALTORS(R) have aggressively lobbied for Congress to Read more

Landmark housing legislation signed into law today by President Bush is aimed at ending the current cyclical downturn in the housing industry, helping home buyers and strapped borrowers and strengthening the housing finance system, according to the Read more

President Bush quietly signed in to law the legislation designed to shore up the U.S. housing market. The Housing and Economic Recovery Act of 2008 includes a first-time home buyer tax credit, a revitalization of the FHA, reform for both Fannie Mae Read more

The housing bill signed into law by President Bush yesterday aims to prop up the hobbled home and mortgage markets and stanch a flood of foreclosures. But provisions targeting consumers aren’t just for people on the cusp of losing their homes. Tax Read more

Inman News A friend of mine is a single mom who became a real estate salesperson several years ago following her divorce. She had a consistent flow of buyers and sellers until the beginning of the year when the market slowdown became even more Read more

The dream of owning a home just got a little easier for some as President Bush signs the housing bill. A major part of the bill provides incentives to first time home buyers. They would get a tax credit for 10% of the purchase price of the home, but Read more

With credit markets still shaky, housing markets sinking fast and some homeowners desperate for help, President Bush signed a wide-ranging housing rescue bill Wednesday that provides billions for mortgage company safety nets and first-time buyers Read more

The Fulton Community Development Agency s eleventh home under its Reclaim/Resale program has just been renovated. The home, located on West Second Street, will soon be occupied by a first-time home-buyer, according to Joe Fiumara, executive Read more

 


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