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Tuesday, April 28, 2009 First-time home buyers - it's an ideal market to buy a home! The American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. $8,000 Home Buyer Tax Credit at a Glance The tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase. The tax credit does not have to be repaid. The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000. The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009. Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit. For more information, follow this link http://www.federalhousingtaxcredit.com/2009/faq.php Tue, April 28, 2009 | link  Thursday, April 23, 2009 Updated Trend Survey Mortgage Rate Trend Survey Monday, Apr 20, 2009 The Mortgage Rate Trend Survey summarizes where mortgage professionals think mortgage rates are headed in the future. To conduct this survey, Mortgage-X asks more than 250 experts in the mortgage field about their expectations for the mortgage market. Over the next 30 days: Over the next 90 days: rates will rise significantly: 0.0% rates will rise significantly: 0.0% rates will rise slightly: 6.9% rates will rise slightly: 17.2% rates will remain unchanged: 37.9%  rates will remain unchanged: 48.3%  rates will decline slightly: 55.2% rates will decline slightly: 34.5% rates will decline significantly: 0.0% rates will decline significantly: 0.0% Currently, about 55% of the participating mortgage professionals believe mortgage rates will decline slightly over the next 30 days and 48% believe mortgage rates will remain unchanged over the next 90 days. Note: Mortgage-X is not responsible for decisions based on the Mortgage Rate Trend Survey. The reported Survey results are for informational purposes only. Thu, April 23, 2009 | link  Saturday, April 18, 2009 ATTENTION REAL ESTATE PROFESSIONALS IN NORTHERN COLORADO! TAKE ME HOME REAL ESTATE, LLC is actively seeking licensed Real Estate Professionals with at least 2 years experience selling real estate who want to launch their career in a new direction.  The current housing market and state of the economy is creating challenges and opportunities like never before.  We are busier than ever and would like to hear from you.  Contact Lori Jarrett, Broker/Owner at 970-378-2615 or 877-856-3466. Sat, April 18, 2009 | link

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