According to Rismedia.com, earlier today, President Barack Obama approved the first-time homebuyer tax credit extension which will extend the tax credit until April 30, 2010.
The extension is part of a $24 billion economic stimulus bill that will extend the $8,000 tax credit for homebuyers who are purchasing their first home from the current November 30 [...]

The National Association of Realtors Web site has a nice Question & Answer section about the new credit

The Realtors’ spokesman tells me that the new credit will start tomorrow, not today.
“We rechecked the effective date for the repeat buyer,” spokesman Walt Malony said in an e-mail. “The effective date is ‘after the date of [...]

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Dozens of you have written in with good questions about the tax credit. I’m working on finding answers, especially to one recurring question. To qualify for the $6,500 credit is it necessary to sign the purchase contract after the measure is signed into law today or can a homeowner who closes on a home after [...]

Move Inc., parent of Realtor.com, the online listing service for the National Association of Realtors, came out with its third quarter earnings yesterday. Sales were down 11% to $53 million. Although the company has been able to boost its cash flow through cost cutting and more efficient management, it is still a tough environment. Realtor.com [...]

(Anderson - Anderson, California, US)

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SHORT SALE - Nice manufactured home with vaulted ceilings, sheetrocked; custom kitchen with slate-tiled countertops; remodeled 3 years ago; newer appliances; laminate wood flooring in kitchen, dining area and hallway; upgraded carpet throughout except master bedroom. Front yard has great curb appeal; detached 2 car garage; basketball court area; greenbelt.

For [...]

(Anderson - Anderson, California, US)

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SHORT SALE - Nice manufactured home with vaulted ceilings, sheetrocked; custom kitchen with slate-tiled countertops; remodeled 3 years ago; newer appliances; laminate wood flooring in kitchen, dining area and hallway; upgraded carpet throughout except master bedroom. Front yard has great curb appeal; detached 2 car garage; basketball court area; greenbelt.

For [...]

My last post was flooded with comments from readers asking whether the expanded credit will apply to them even though they closed on a home purchase earlier this year (or last year or the year before…). The answer: “No.”
It might seem unfair. But the bill that President Obama is expected to sign into law [...]

Waiting for a bus on my way to work I picked up a copy of the real estate sections of the Korea Times, a local newspaper serving the Korean community in Los Angeles. That’s right the real estate sections. There were two, a total of 32 pages of real estate coverage and advertisements in one [...]

Congress is getting ready to pass a new, expanded $10.8 billion tax credit for homebuyers. President Obama’s could have it on his desk by next week.
But a new report from Goldman Sachs suggests that the six-month extension might do little for the fragile housing market and could be even less effective than the soon-to-expire [...]