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NAR Commends Congressional Action to Extend Higher Mortgage Loan Limits

Washington, October 30, 2009 The National Association of Realtors® thanked Congress for speedy action in passing a congressional resolution yesterday that would extend the current higher Fannie Mae,

Senate panel OKs extension for home buyers’ credit

WASHINGTON – Oct. 29, 2009 – Senators reached a compromise to extend the $8,000 tax credit for first-time home buyers, a boost the housing industry expects will help it pull out of its two-year-old downturn.

Outlook for jobs turns positive

WASHINGTON – Oct. 26, 2009 – An economic survey out today 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.

Rates on 30-year loans inch up to 5 percent

WASHINGTON – Oct. 23, 2009 – Rates for 30-year home loans have inched up, hitting 5 percent for the first time in nearly a month after bond yields edged up.

NAR Presidents Podcast: Short sales Tips: Oct 6

Getting help on short sales

NAR: Big rebound in existing-home sales shows first-time buyer momentum

Existing-home sales bounced back strongly in September with first-time buyers driving much of the activity, marking five gains in the past six months, according to the National Association of Realtors®.

Florida’s existing home, condo sales up in September 2009

ORLANDO, Fla. – Oct. 23, 2009 – Florida’s existing home sales rose in September, which marks more than a year (13 months) that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®. September’s statewide sales also increased over sales activity in August in both the existing home and existing condominium markets.

Tech takes home offices to extremes

WASHINGTON – Oct. 15, 2009 – Katy Leakey rises early in the morning, has breakfast with her husband, Philip, and heads to the 12-foot-by-12-foot office where she spends much of her workday.

Foreclosures, unemployment to peak in 2010

SAN DIEGO (AP) – Oct. 15, 2009 – Foreclosures will peak by the end of next year and unemployment will climb above 10 percent as the housing market and U.S. economy grapple with the aftermath of the recession, the Mortgage Bankers Association’s chief economist said Tuesday.

September housing construction rises 0.5 percent

WASHINGTON (AP) – Oct. 20, 2009 – Construction of new homes edged up slightly in September, helped by a rebound in single-family construction. However, in a worrisome sign for future housing work, applications for building permits fell by the largest amount in five months.

Property tax appeals rise during economic decline

MIAMI – Oct. 20, 2009 – Even after years of sinking real estate prices, thousands of South Florida property owners are fighting to further deflate the values of their homes and businesses.

Government unveils new mortgage help for states

WASHINGTON – Oct. 20, 2009 – The Obama administration on Monday unveiled a new program to support state and local housing finance agencies. The plan will help the agencies finance mortgages for first-time homebuyers and develop rental housing.

Small home fixes with big impact: Palm Beach County experts offer tips

WEST PALM BEACH, Fla. – Oct. 19, 2009 – When Randy Bianchi couldn’t find a tenant for one of his rental homes, he realized the house needed an edge to lure a renter in an overcrowded market. He made some interior repairs, then hit on the idea that finally attracted a tenant.

Housing Tax Credit Working, So Keep Momentum Going, NAR Urges Congress

Washington, October 20, 2009  Consumers are just starting to see the first glimmers of a bright future for the housing market and the overall economy. It’s up to Congress to make that glimmer a reality by building on the momentum created by the $8,000 home buyer tax credit.

Why Real Estate Assessments Matter

Published: October 11, 2009
The real estate assessment letter you filed away unopened is the driving force behind how much you pay in property taxes.

Appeal Your Property Tax Bill

Published: October 8, 2009
To successfully appeal your property tax bill, you first need to do a bit of sleuthing into your real estate assessment.