Tax Credit Countdown When: 4-6 p.m. today Where: 4121 W. 28th St (28th & Inglewood Ave. So.), in St. Louis Park’s Fern Hill neighborhood What: 4 Bedrooms (all up), 3 Bath 1937 Colonial with 3,000 square feet How much: $549,900 Who: listed by Ross Kaplan, Edina Realty City Lakes Will there be a burst of...Read More
Tax Credit Count-Down As anyone actively looking for a home is no doubt acutely aware, the deadline for qualifying for various Buyer tax credits is this Friday (Buyers actually have another two months, until June 30, to close). So, is it time to pull the trigger? If you’ve already got something in your sights (sorry,...Read More
Mortgage Rates: Moving Up Everyone in the housing business seems to be counting down to the approaching deadline with baited breath. No, not April 30, when the home buyer tax credits expire. March 31, when the Federal Reserve stops buying mortgages and mortgage-backed securities — reportedly, anywhere from $10 to $25 billion, per week, since...Read More
Post-Nov. 30 Tax Credit: More Targeted The following is from Edina Mortgage’s Steve Mohabir, City Lakes’ excellent, in-house loan officer: Good morning Lakers, http://www.bloomberg.com/apps/news?pid=email_en&sid=ayS36Cg5hu5w There has been some encouraging news on the extension of the $8000 tax credit. However, it is NOT a done deal, as it still must be reconciled between the House and...Read More
