Monthly Archives: January 2010

Home Prices May Still Be Too High — New York Real Estate

Home Prices May Still Be Too High by John Tayeb on January 27, 2010 Adjusted for inflation, housing prices are still 15 percent to 20 percent higher than they were in the mid-1990s, calculates housing economist Dean Baker, co-director of … Continue reading

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Mortgage Applications Fall for the Week

Mortgage Applications Fall for the Week by Raja Tayeb on January 27, 2010 Mortgage applications declined 10.9 percent last week compared to the previous week on a seasonally adjusted basis, the Mortgage Bankers Association reported in its weekly survey. On … Continue reading

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6 Surprising Facts About the Buyer Tax Credit

6 Surprising Facts About the Buyer Tax Credit by John Tayeb on January 23, 2010 The homebuyer tax credit is not as simple or straightforward as you might think. Here are some nuances that will affect homebuyers who plan to … Continue reading

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Fewer Defaults: Could the Worst Be Over? — New York Real Estate

Fewer Defaults: Could the Worst Be Over? by Raja Tayeb on January 23, 2010 The number of consumer loans that are going bad is leveling off, reports Bank of America, Wells Fargo and other large banks, signaling that the worst … Continue reading

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Tax Credit Ignites Early Spring Selling Season

Tax Credit Ignites Early Spring Selling Season The homebuying season is starting early this year, thanks to the expanded first-time and move-up homebuyer tax credit. Typically, the busiest time for home shopping starts in March and continues through May, but … Continue reading

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NAR and Lowe’s Donate Relief Aid to Haiti

NAR and Lowe’s Donate Relief Aid to Haiti The NATIONAL ASSOCIATION OF REALTORS® and Lowe’s, a partner in NAR’s REALTOR Benefits® Program, are coming together to contribute relief to Haiti and the victims of the country’s recent earthquake. Together NAR … Continue reading

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White Lies Some Sellers Tell

White Lies Some Sellers Tell by Raja Tayeb on January 19, 2010 About 30 states have disclosure laws that require sellers to tell prospective buyers about any problems, but in this tough market, some sellers aren’t as forthcoming as they … Continue reading

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