March 10, 2009
For sellers and owner-occupying buyers, decision making during the selling/buying process can often fall short of rational. I was reading a back issue of REALTOR Magazine and came across this piece that (almost) perfectly captures seller/buyer psychology. This is a MUST READ, especially for buyers in our current market. At first, the table on Page [...]
Read the full article →
March 5, 2009
The most recent federal economic stimulus bill is incentivizing first-time homebuyers with a tax credit up to $8000 — the lesser of that or 10% of the purchase value. Only principal residences purchased between Jan 1 and Dec 31 of 2009 qualify. Unlike the $7500 tax credit previously offered to first-time homebuyers on 2008 purchases, [...]
Read the full article →