Archive for December, 2009

Tax credit: 10% of the purchase price of a primary residence, up to a maximum of $8,000 for first-time homebuyers and $6,500 for repeat buyers. First-time homebuyers are defined as people who have not owned a home in the previous three years. Repeat buyers must have owned their current home at least five years. The [...]

USA Today
An economic survey out Monday provides fresh evidence that a fitful recovery is underway as customer demand grows in the third quarter for the first time in more than a year and the jobs outlook brightens a bit.
For the first time since the recession began, the portion of companies planning to add [...]

$8,000 Tax Credit Extension – What Does It Mean?

Homebuyer Tax Credit Extended… 
Plus, New Tax Credit for Existing Home Owners!
Tax Credit for Homebuyers
First-time homebuyers (that is, people who have not owned a home within the last three years) may be eligible for the tax credit. The credit for first-time homebuyers is 10% of [...]

A new study shows that TGen, the downtown Phoenix-based bioscience research group, last year produced about $8 for every $1 invested by the state – more than twice its economic benefits of two years earlier.

The study by the Tripp Umbach company in Pittsburgh estimates that the 2008 economic benefit reached $77.4 million, compared with [...]

The latest Valley Home Values report will show prices dropped in every Phoenix-area ZIP code during the first eight months of 2009. A closer look at the numbers, though, reveals newer communities on the outer edges of metropolitan Phoenix are seeing smaller declines in home prices this year compared with 2008.
Those areas, including neighborhoods in [...]