Actually, that used to be the American dream. What happened in the last few years, is that folks started looking at owning homes more as an investment and a return on their money. Experts now believe you should start by looking at a home as the place where you live, as opposed to the investment [...]
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% [...]
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 [...]