Tag

buyer incentives

Time to Get Off the Stimulus/Incentives Roller Coaster?

“Deja Vu All Over Again?”* The number of buyers who signed contracts to purchase homes dropped in May to the lowest level on record, a sign the housing recovery can’t survive without government incentives. The National Association of Realtors said Thursday that its seasonally adjusted index of sales agreements for previously occupied homes tumbled 30...
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“Housing Market for Dummies”

Upper Bracket Squeezed by Jumbo Bottleneck At a time when some mortgage products are showing signs of life, jumbo mortgages are hard to get and expensive, making it difficult for many would-be move-up buyers to take action. —Minneapolis Association of Realtors (6/22/09) Want a quick, simple handle on today’s housing market? Take $417,000, the limit...
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Taking the Plunge . . Finally

Bear Market Winners: First-Time Buyers The housing bust is creating a new group of winners: first-time home buyers. People who sat on the sidelines — often watching wistfully as their friends became homeowners — are suddenly in a position to grab some great deals. —Mary Pilon, “For Some, It’s Finally Time to Dive Into Housing...
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