New, More Generous Home Buyer Tax Credits Signed into Law Thursday Nov 12, 2009 Millions more people are now eligible for home buyer tax credits, thanks to new legislation recently passed by Congress and signed by President Obama. Here’s a primer on what the new rules mean to you if you are in the market for a new home. Read more...
Environmentalists sue over huge Calif. development By Jacob Adelman A coalition of environmentalists filed a lawsuit Thursday to stop the development of a 5,000-acre resort community on the sprawling Tejon Ranch property some 60 miles north of Los Angeles.
5 pct. of Americans plan to buy a home next year By J. W. Elphinstone Just one in 20 Americans say they plan to buy a home within the next year, and they’re most likely to be 34 years old or younger and living in the South or West, according to a survey released Wednesday.
Fla. justices consider mediation for foreclosures By Bill Kaczor Mediation would be a good way to expedite a flood of mortgage foreclosures, members of a foreclosure task force said Wednesday, but some disagreed on the details in oral arguments before the state Supreme Court.
Tax credit for home buyers may be extended Senators agreed to extend an $8,000 tax credit for first-time home buyers and to offer a reduced credit ($6,500) to some repeat buyers. The credits would be available to buyers who sign sales agreements by the end of April. House leaders have also said they support extending the tax credit for home buyers. Read more...
