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January 2010 - Posts

Existing-Home Sales Down, but Prices Rise
Daily Real Estate News | January 25, 2010 | Existing-home sales fell as expected in December after first-time buyers rushed to complete deals during the months leading up to the original November deadline for the tax credit. However, prices rose from Read More...
6 Surprising Facts About the Buyer Tax Credit
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 use it. To qualify for the move-up tax credit, a home owner must have occupied the same principal residence Read More...
FHA Cracks Down on Dubious Lenders
The Federal Housing Administration served subpoenas Tuesday on 15 mortgage companies with high default rates for FHA-backed loans. The agency has previously taken action against several lenders with questionable records, including Lend America and Taylor, Read More...
Short Sale Incentives Coming in 2010, Treasury Says
As HousingWire first reported, the US Treasury Department will launch the Home Affordable Foreclosure Alternatives Program (HAFA) in 2010. HAFA will complement the Home Affordable Modification Program (HAMP) by providing financial incentives to servicers, Read More...