Congress Extends and Expands Homebuyer Credit
Thank you Johnny Isakson for your hard work in championing the extension and expansion of the homebuyer credit in congress. After the passage of a recent bill, the first time buyer credit of up to $8,000 has been extended for seven months. Thus, in order to utilize the credit a buyer must close on their [...]
Buckhead Houses and Condos
Just noticed that Bloomberg has reported that sales of existing U.S. homes have jumped more than forecasted in July to a 5.24 million annual rate. What does that mean? Well that is the highest amount since August of 2007 and the biggest gain since the NAR began keeping this statistic in 1999. On the downside, the [...]
