A new survey from Trulia shows that 3 in 4 Americans still consider owning a home as a part of achieving their personal American Dream, even as the recession deepens. [...]
Continue reading...Friday, March 6, 2009
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Continue reading...Tuesday, February 17, 2009
from the New York Times As expected, President Obama today signed the $787 billion American Recovery and Reinvestment Act (aka “the stimulus”) into law. Here’s a recap of how the stimulus bill became a law, and what the final plan means for home buyers. First, the Senate and the House passed their own ideal economic recovery bills. [...]
Continue reading...Friday, February 13, 2009
The House has passed the modified version of the stimulus bill, and like the initial version last month the vote split down party lines with no Republican support. Now that the Congressional record has been updated with the text of the new bill, we can take a closer look at the tax credit for home [...]
Continue reading...Thursday, February 12, 2009
Earlier this week the Senate approved their version of the stimulus bill, including a $15,000 tax credit for all home buyers. Following negotiations between House and Senate members combining their bills into one piece of legislation for President Obama to sign, that tax credit has now been reduced to $8,000, according to the LA Times blog. The [...]
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Monday, March 9, 2009
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