December 4, 2009

One of the best times in HISTORY to buy a home is right now, and here’s why

It is also very important to understand that the combination of rate costs, average market prices, and employee earnings have aligned themselves to a point they have not been at in decades. Affordability is the best it has been in three generations, and the opportunities are literally endless.

November 18, 2009

10 great questions about real estate answered and explained

The value of your home might be determined more by whether the neighbors keep their jobs than whether the house has ample light and closet space.

November 9, 2009

President signs tax credit and expansion!

On votes of 98- 0 and 403 - 12, the Senate and House have respectively passed legislation that includes an extension and expansion of the homebuyer tax credit

November 4, 2009

Senate just voted 98-0 to pass the extended tax credit!

…vote on a similar bill to get an extension to the President by Friday

November 2, 2009

First time buyer tax credit to be expanded, in final discussions in congress right now…

The Senate is expected to approve the entire package before the end of this week and immediately send it to the House, opening up the possibility that it will reach the White House for the President’s signature in a matter of days.

News keeps coming that we are moving in the right direction

Pending home sales rose again, marking eight consecutive monthly gains - the longest streak since measurement began in 2001, according to the National Association of RealtorsĀ®.

November 1, 2009

Progress continues on extending and possibly expanding the home buyer tax credit…

Key lawmakers in the Senate have tentatively agreed to extend the existing $8,000 tax credit for first-time home buyers and also offer a new $6,500 credit for existing homeowners who have lived in their current residence for a consecutive five-year period in the past eight years.

October 29, 2009

Leaders get closer and closer to extending the tax credit.

The demand for new homes and condominiums may increase by “more than two times because you’re allowing step-up buyers into the equation,” said Andrew Parmentier, a managing partner at Height Analytics, a research firm in Washington. ” You just opened up a whole new pool of people who can buy into those empty homes and empty condos that were built out.”

October 19, 2009

Lawmakers continue to look at extension of tax credit

Facing mounting concerns over the bleak outlook for jobs, more lawmakers on Capitol Hill last week showed interest in extending and possibly expanding the $8,000 first-time home buyer tax credit that is set to expire on Nov. 30.

October 16, 2009

National coverage on the strength of our ND market

It seems more than one media outlet nationally has been paying attention to what we and many other area businesses have been saying about the market and state of the economy here in North Dakota.

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