NEW YORK (CNNMoney.com) -- The U.S. economy grew at the fastest pace in more than six years during the fourth quarter of 2009, according to a government report Friday. The nation's gross domestic product, the broadest measure of economic activity, rose at a 5.7% annual rate in the fourth quarter. That was much stronger than expected and provides another sign that a recovery in the economy is taking hold.
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Friday, January 29, 2010
Friday, January 22, 2010
Federal Home Buyer Tax Credit--Take Advantage of this Opportunity!
Click here for details on how you can take advantage of the Home Buyer Tax Credit that has been extended through June 2010 and expanded to include people with higher incomes and some who want to trade up into new homes. Learn everything you need to know about the tax credit including: What types of homes will qualify? Who is eligible to claim the tax credit? What is the amount of the tax credit? If you have a unique situation and more specific questions, we encourage you to contact our Mortgage Department or any one of our professional Sales Associates for assistance.
Thursday, January 14, 2010
New Year Brings New Lows in Home Price Reduction Levels, Says Trulia
RISMEDIA, January 14, 2010—Trulia.com recently announced that 21% of homes currently on the market in the United States as of January 1, 2010 have experienced at least one price cut. This represents the second straight month price reduction levels have decreased and the lowest level since Trulia started tracking price reductions in April 2009. The total amount slashed from home prices also dropped to $21.2 billion compared to $24.7 billion in December, a 14% decrease. The average discount for price-reduced homes continues to hold at 11% off the original listing price. This was also the second straight month where inventory levels have dropped for single-family homes and condos across the United States.
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Source: rismedia.com
Full article
Source: rismedia.com
Friday, January 8, 2010
Expanded Home Buyer Tax Credit: Small Window, Big Opportunity
RISMEDIA, January 8, 2010—The countdown is under way. As of January 1, you have four months to promote the expanded U.S. Homebuyer Tax Credit and get your qualified buyers under contract by the April 30 deadline.
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Source: rismedia.com
Full story
Source: rismedia.com
Tuesday, January 5, 2010
Realtors See a Decade of Dramatic Developments
RISMEDIA, January 5, 2010—At the beginning of the 21st century, most home buyers had never viewed a home online; the three top home sale marketing methods were yard signs, newspaper ads and open houses; and nearly nine out of 10 buyers financed their purchase with a fixed-rate, 30-year mortgage. What a difference a decade makes.
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Source: rismedia.com
Full story
Source: rismedia.com
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