RISMEDIA, June 2, 2009-Record low mortgage interest rates boosted pending home sales for the third consecutive month, with some benefit now from the first-time buyer tax credit, according to the National Association of Realtors®.
The Pending Home Sales Index, a forward-looking indicator based on contracts signed in April, rose 6.7% to 90.3 from a reading of 84.6 in March, and is 3.2% above April ...
Kiplinger.com Best Cities List
2009 BEST CITIES Best Cities: It's All About Jobs Stable employment and new career opportunities give these cities an edge. From Kiplinger's Personal Finance magazine, July 2009
What a difference a year makes. Last summer, the energy and finance sectors of the economy seemed to be thriving, and manufacturing was going strong.
Today, many cities are relying on government ...
2009 BEST CITIES No. 2 Albuquerque, New Mexico By Bob Frick, Senior Editor From Kiplinger's Personal Finance magazine, July 2009
SOLAR CITY
Population: 819,576Income Growth: 7.8%Cost of Living Index: 98Median Household Income: $45,634Percentage of Workforce in Creative Class: 30%
What Albuquerque wants, Albuquerque gets -- and the city and state crave high-tech jobs, especially in the renewable-energy ...
Understanding The Related Costs of Home Buying
According to Will Rogers, property is a great investment because nobody's making any more. That is as true today as it was in the early 1900s when Will Rogers made the statement. Today, however, you'll need to think about more than a mortgage payment to determine if you can afford a home. To assure you are purchasing a home within the confines ...
By Lew Sichelman
WASHINGTON (MarketWatch) -- Question: Is there any possibility that the tax credit for first-time home buyers will be expanded to also include repeat purchasers who already own a house but would like to move up? I understand there has been some movement in Congress along these lines.
Answer: There is not yet any legislation along the lines you suggest, but the Democratic Leadership ...
HUD plans to tweak $8,000 tax credit rules so first-time homebuyers can get instant down-payment assistance.
By Les Christie CNNMoney.com staff writer Last Updated: May 19, 2009: 12:45 PM ET
NEW YORK (CNNMoney.com) -- Home prices are cheap. Affordability is at a record high. And the market is littered with distressed properties looking for a buyer.
But there is one big obstacle for many first-time ...
Albuquerque New Mexico Real Estate www.ColdwellBankerLegacy.com
Bond market: Shaken and stirred
Long-term rates have shot up. The good news: It's a sign of an improving economy. The bad news: Your window to refinance may soon slam shut.
By Paul R. La Monica, CNNMoney.com editor at large Last Updated: May 11, 2009: 1:08 PM ET
NEW YORK (CNNMoney.com) -- Want further proof that risk is no longer a four-letter word? Just take a look at what's going on in the bond ...
Pending home sales rose with many first-time buyers taking advantage of historically good housing affordability conditions, according to the latest report by the NATIONAL ASSOCIATION OF REALTORS ®.The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, increased 3.2 percent to 84.6 from a level of 82 in February. It is 1.1 percent higher than March 2008 when ...
It's a question all homeowners face when they decide to sell: How can you make your home as appealing to potential buyers as possible? In today's market, that question has become even more crucial."It really depends how much your home is worth," says interior designer Janine Carendi. "Is it in move-in condition, and will buyers expect it to be?"Not everyone should invest in fancy upgrades and ...
