Housing Starts Decline in October
November 18, 2009 Posted by NAHB
November 18, 2009 - (RealEstateRama) — Nationwide housing production fell 10.6 percent to a seasonally adjusted annual rate of 529,000 units in October as builders awaited word on whether an important home buyer incentive would be extended, according to data released today by the U.S. Commerce Department.
Increase in Boomer Housing Sales May Reflect Impact of First-Time Buyer Tax Credit
November 16, 2009 Posted by NAHB
November 16, 2009 - (RealEstateRama) — The National Association of Home Builders’ (NAHB) 55+ Single-Family Housing Market Index, based on a survey of builders who produce housing designed to meet the needs of mature consumers, showed a six-point increase in the third quarter of 2009, to a seasonally-adjusted level of 21. That is the highest level recorded since the inception of the series in the fourth quarter of 2008, though still considered a fairly weak number.
Housing Recovery Predominantly in Lower End Homes
November 13, 2009 Posted by NAR
San Diego, DC - November 13, 2009 - (RealEstateRama) — Reduced home prices and the first-time home buyer tax credit have helped dramatically boost the lower end housing market, according to a residential market update today at the 2009 REALTORS® Conference & Expo
Expanded Tax Credit Will Help Millions
November 9, 2009 Posted by RE/MAX
Denver, CO, November 6, 2009) – The expanded U.S. homebuyer tax credit will help millions of Americans buy a home and help the economy recovery, says RE/MAX Chairman and Co-Founder Dave Liniger.
NeighborWorks America Supports Extension of Homebuyer Tax Credit
November 9, 2009 Posted by NeighborWorks
Washington, DC - November 9, 2009 - (RealEstateRama) — NeighborWorks America applauds the latest decision by Congress and the Obama Administration to renew the homebuyer tax credit and make the credit available to both first-time homebuyers and repeat homeowners who have lived in their homes for five years.
MBA Applauds Passage of Homebuyer Tax Credit
November 5, 2009 Posted by MBA
WASHINGTON, D.C. - November 5, 2009 - (RealEstateRama) — Robert E. Story, Jr., CMB, Chairman of the Mortgage Bankers Association (MBA), today issued the following statement in response to the passage in the U.S. Congress of legislation to extend and expand the homebuyer tax credit
Transcript of Pelosi, House Democratic Leaders, and Economists’ Press Conference Following Economic Forum
October 22, 2009 Posted by Speaker Nancy Pelosi
Washington, D.C. - October 21, 2009 - (RealEstateRama) — Speaker Nancy Pelosi, House Democratic Leaders, Committee Chairs and six economic experts held a press conference this afternoon in the Capitol following an economic forum. Below is a transcript:
Homebuyer Tax Credit Best Tool for Sustaining Housing Recovery, Says NAR
October 8, 2009 Posted by NAR
Washington, DC - October 7, 2009 - (RealEstateRama) — The best available tool for sustaining the still-fragile housing market is the $8,000 homebuyer tax credit, and it is essential that Congress extend the credit into 2010, the National Association of Realtors® testified at a hearing of the U.S. House Small Business Committee today
MBA Submits Testimony Supporting Homebuyer Tax Credit
October 7, 2009 Posted by MBA
Washington, D.C. - October 7, 2009 - (RealEstateRama) — Today, MBA submitted testimony for the record to the House Small Business Committee for its hearing titled, “The State of the Nation’s Housing Sector: An Examination of the First Time Buyer’s Credit and Future Policies to Sustain Recovery.” In its testimony, MBA urges Congress to expand the credit so it is available to all homebuyers, increase the amount to $15,000, eliminate the income limits and make the credit available to borrowers at the closing table
Realtors® Urge Congress to Act Now to Extend Homebuyer Tax Credit
September 15, 2009 Posted by NAR
Washington, DC - September 15, 2009 - (RealEstateRama) — The National Association of Realtors® is calling upon its 1.2 million members to urge Congress to extend the successful homebuyer tax credit into next year. Since its inception earlier this year, the $8,000 first-time homebuyer tax credit has brought 1.2 million new buyers into the market—350,000 of whom would not have purchased a home without the credit, according to NAR. The credit is due to expire November 30.
