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Home Sales Drop as Number of Unsold Homes Hits 4M

According to the National Association of Realtors, the sales of pre-occupied homes plummeted back in June and are projected to continue falling. Needless to say, this news is not good for the already flailing housing market—though analysts expected worse. Federal tax credits have contributed to random bursts of sales, and […]

$8,000 Tax Credit for Home Buyers Nearing Expiration

As of the end of November any potential first time home buyers may lose a one time $8,000 tax credit. This is not a tax deduction it is an actual dollar for dollar tax credit, you get to keep 100% of it.