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Monthly Archives: October 2009
The extension and expansion of the home-buyer tax credit is now widely expected, but it should be the last, according to Senator Johnny Isakson, Republican of Georgia, the program’s chief proponent. Continue reading
Widespread fraud has been reported in the first-time home buyer tax credit program. It is not clear how this will effect the debate in the White House and Congress over extending and expanding the program. Continue reading
Extending the $8000 home buyer tax credit beyond December 1, 2009 is under serious consideration by the White House and Congressional leaders. An unanswered question is whether it should be expanded to cover all home buyers, or remain soley for first-time buyers. Continue reading
Home price declines across the country continued to show a moderating trend in July, according to the latest release of the S&P/Case-Shiller Home Price Index. This marks approximately six months of improved readings in these statistics, beginning in early 2009. Continue reading