Two days before Tax Credit deadline! Is it going to pass?
Sen. Harry Reid (D) and Mitch McConnell (R). Reid was the one to pass the extension bill in the first place. (Pic. taken from NYTimes.com) Only two days are left before the tax credit closing deadline becomes effective. The Congress has not yet voted it, and over 180,000 first time homebuyers...
May Showed 1.3 to 4.3% Price Gain: Bloomberg
In an analysis by Shobhana Chandra from Bloomberg.com, May was a possitive month for real estate in the US as prices showed gains of 1.3 to 4.3 percent. The reasons? Well, the tax credit in April and a good level of consumer confidence in the market. In the same fashion,...
Apartment Sector Nationwide Recovery
After a very hard 2009, 2010 seems to be a year of recovery for the apartment sector in the US. Reuters has published an article this week, highlighting the improvements in the apartment market with the diminishment of the apartment vacancy rate. In the first quarter 2010, the vacancy rate...
Housing market to be at a “virtuous cycle”: NAR
Lawrence Yun, National Association of Realtors Chief Economist, held a conference in New Orleans at the Residential Economic Outlook Forum, on Friday. There, he made a comparison between the possible effects of consumers’ and business owners’ behavior on the economy in the middle and long terms. Seems like economical data points to a...
Buy NOW, save on taxes, and get the most out of your Miami c...
October left consumers with a very possitive perspective to buy real estate properties at Miami-Dade County. Adjusted taxes are down almost 50 percent in most cases of Miami-Dade submarkets, making the option to buy a more affordable one in middle and long terms. We’ve discussed about the advantages to buy under current...
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