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Thanks for visiting. My goal here is to shed some light on the real estate market for Greater Boston home buyers and sellers. When possible, I use charts to illustrate trends. But this is not a technical blog; it is written for everyone, simply and clearly. I've also posted a few of my photos for visitors to enjoy. - Ron Cohen
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Monthly Archives: November 2009
Tax Credits to Expire June 30: Why So Early?
Under the revised terms for tax credit eligibility, a home buyer must enter into a binding sales contract by April 30, and close on the sale no later than June 30, 2010. These deadlines apply to both first-time and repeat buyers. Why, you might ask, are the deadlines so early? Continue reading
President Obama Signs Tax Credit Extension and Expansion
On November 6, President Obama signed H.R.3548: Worker, Homeownership, and Business Assistance Act of 2009. It extends and expands the homebuyer tax credit. The tax credit highlights are listed. Continue reading
August Home Prices Gain, Boston Among Leaders
Home price declines across the country continued to moderate in August, according to the latest release of the S&P/Case-Shiller Home Price Index. This marks seven months of improvments in these statistics, beginning in early 2009. (See Home Prices chart.) “Broadly … Continue reading
Congress Votes to Extend FHA , Fannie Mae and Freddie Mac Loan Limits
Last week, the House and Senate passed legislation to extend the current loan limits for FHA, Freddie Mac and Fannie Mae through December 31, 2010. Continue reading
Posted in FHA, Fannie Mae & Freddie Mac
Tagged Fannie Mae, FHA, Freddie Mac, Mortgage Loans, Real Estate News
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