Published: March 1, 2010
Tags: Campbell Communications, economy, federal government, Fla., Greenwood King Properties, Homeowners, Houston, Inside Mortgage Finance, Moody's Economy.com, Mortgage Bankers Association, StarLight Realty, Tampa, tax credit, Tax Policy Center, unemployment
By Adrian Sainz
AP Real Estate Writer
It sounded like a great idea three months ago: Hand homeowners a $6,500 tax credit to find a new place to live, giving a thrust of energy to the housing market’s recovery.
So far, people are staying put.
In November, the federal government extended a tax credit of up to $8,000 for [...]
Published: February 12, 2010
Tags: Fannie Mae, home loans, Homeowners, lending, Riley, WHEDA, Wisconsin Housing and Economic Development Authority
MADISON, Wis. (AP) — Wisconsin’s affordable housing agency says it will resume lending to first-time home buyers after suspending loans for 17 months.
The Wisconsin Housing and Economic Development Authority says it will begin offering a new loan product to buyers on March 1.
Executive Director Antonio Riley will be joined by other officials at a news [...]
By JULIE PACE
Associated Press Writer
WASHINGTON (AP) — President Barack Obama said Tuesday that home insulation “is sexy,” his newest appeal for Congress to pass incentives for homeowners who make their homes more energy efficient.
“Here’s what’s sexy about it. It saves money,” the president said at a Northern Virginia Home Depot store.
He was joined at the [...]
By ALAN ZIBEL
AP Real Estate Writer
WASHINGTON (AP) — An industry group says more than 14 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of September, a record-high for the ninth straight quarter.
The Mortgage Bankers Association’s quarterly report adds to fears that the housing market’s [...]
Published: May 14, 2009
Tags: Fannie Mae, Homeowners, housing, Making Home Affordable, mortgage, Obama
Alan Zibel
AP Real Estate Writer
Washington — The Obama administration expanded its $50 billion mortgage aid program Thursday, announcing new measures to help homeowners avoid foreclosure if they do not qualify for other assistance.
The new initiatives are expected to streamline the process of selling a home that is worth less than the mortgage or transferring ownership [...]
Published: May 13, 2009
Tags: Harvard University’s Joint Center for Housing Studies, Homeowners
Comments: 1
J.W. Elphinstone
AP Real Estate Writer
The estimate: $13,600. The reaction: a hammer.
Daniel Bell is doing demolition work himself after a contractor told him how much it would cost to remodel the upstairs master bedroom and bath in his 85-year-old farmhouse in Brentwood, Tenn. He’s doing the trim work and painting too, and will shave $3,725 off [...]
