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First-time buyers taking advantage of a special tax credit gave sales of existing homes their biggest surge in a decade, raising hopes for a turnaround in the housing market and pleasing Wall Street. While rising foreclosures and disappearing jobs still...
Tags: Tyson Foods Inc., tax credit, Springdale, Tyson Foods, Gasoline, Credit bureau, Advanta, Gasoline and diesel usage and pricing, Credit card, Business Finance
Home sales rose 10 percent in the Western region of the country in October, driven largely by first-time homebuyers racing to qualify for a tax credit that had been set to expire at the end of this month, according to two reports released Monday. Sales...
Tags: tax credit, sales rose, real estate, median price, Los Angeles, Entrepreneurship, Sales, Foreclosure, United States housing market correction, Mortgage, allnews, Business process, Business Finance
Propped up by government tax credits, existing-home sales exploded in October, the National Association of Realtors said Monday. Sales were 23.5 percent higher than in October 2008 and 10.1 percent greater than in September. This was the highest pace...
Tags: tax credit, Patrick Newport, Philadelphia, National Association of Realtors, Real estate broker, Subprime mortgage crisis, Business Finance
The state will move ahead with the film tax credit program in accordance with legal requirements, depending on the status of the specific film project, Iowa Attorney General Tom Miller said today. There will be no new projects approved until the Iowa...
Tags: Iowa Legislature, Iowa Film Office, tax credit, attorney general, Tom Miller, Des Moines, Iowa, Culver, Entertainment Culture
Home sales in the Midwest surged in October as first-time home buyers sought to beat the initial deadline for a federal tax credit and difficult market conditions last year made comparisons favorable. The National Association of Realtors said Monday there...
Tags: sales priced, median sales, Des Moines, Midwest, priced declines, tax credit, Cleveland, Kansas City, United States housing market correction, Real estate, Real estate broker, Real estate pricing, Business Finance
Home sales in the Northeast soared in October as first-time buyers clamored to close deals before the expiration of a federal tax credit. The nine-state region registered 85,000 home resales last month, up 25 percent from a year ago when the financial...
Tags: tax credit, Westchester, Subprime mortgage crisis, United States housing market correction, Real estate, Real estate pricing, Economic history of the United States, Business Finance
Monday, November 23, 2009 at 11:32 a.m. During October, buyers in the Sarasota-Bradenton market feasted on distressed properties and other homes that had undergone big price cuts as the first-time homebuyers tax credit appeared on its way out.
Tags: tax credit, Sarasota-Bradenton, Charlotte County-North Port, Daytona Beach, Florida, Economic history of the United States, Interest rates, United States housing market correction, Subprime crisis impact timeline, Subprime mortgage crisis, Bradenton Florida, Sarasota Florida, Business Finance
While the economic climate put a freeze on home-buying in the past 22 months, pent-up buyer demand and an $8,000 first-time home buyers' incentive have warmed things up, according to local and national real estate market analysts. The National Association...
Tags: National Association of Realtors, million unit, annual rate, tax credit, sales jump, downwardly revised, U.S, sales surge, adjusted annual, seasonally adjusted, India, Nar, Business cycle, Macroeconomics, United States housing market correction, United States housing bubble, Subprime mortgage crisis, Recessions, Economic history of the United States, Business Finance, Real estate pricing, Real estate broker, Interest rates, economics, Mill, Numismatics, Real estate bubble, Real estate, Lawrence Yun, Late 2000s recession in Europe
Like holiday shoppers in search of a good bargain, first-time home buyers were out in force last month, scooping up homes to grab a federal tax credit that was to have expired Nov. 30. So, sales of existing single-family homes and condos in October were...
Tags: median price, Within Chicago, Illinois Association of Realtors, University of Illinois, tax credit, chicago area, Chicago, United States housing market correction, United States housing bubble, Subprime mortgage crisis, Economic history of the United States, economics, Business Finance
First-time buyers seized on an expiring tax credit, low mortgage rates and falling prices to boost home sales in October to their highest level in 2 1/2 years. Home sales are now nearly 37 percent above from their bottom in January, though still 16 percent...
Tags: tax credit, highest level, housing market, New York City, Structured finance, Real property law, Foreclosure, Mortgage-backed security, United States housing bubble, Mortgage, Subprime mortgage crisis, Fixed income securities, Business Finance, Interest rates, Subprime crisis impact timeline, United States housing market correction, Economic history of the United States, Financial economics, Causes of the United States housing bubble, Real estate broker, First-time buyer, Personal finance