By Melissa Dittmann Tracey, REALTOR® Magazine Spread the word to your sellers and clients: Time is ticking to complete home renovation projects if they want to cash in on a tax deduction that expires at the end of the year. Tax credits are available for home owners who do upgrades that help them save energy and reduce their utility bills such as with more energy-efficient windows and doors, … [Read more...]
Housing Affordability: A Possible Good Omen
by Lawrence Yun, NAR Chief Economist Amid all the media reports on how housing is still “in the tank,” one piece of news seemed to have escaped many of the pundits. Housing affordability could possibly reach an all-time high of near 200 in the second half of this year. That is, a household making the median income would have twice the income necessary to buy a median-priced home in America. To … [Read more...]
New Figures Underscore Continued Modest Recovery
Figures released today by the National Association of Realtors are a good indicator that the market continues to improve – though at very modest levels. I’ve been saying for months that the market is, in this post recessionary period, improving though will continue to do so with minor bumps in the road along the way. Last month’s lower than expected sales figures were just … [Read more...]
Home Sales Drop; Colorado Still on High End
Home Sales Take a Drastic Plunge … [Read more...]
Region’s Home Sales Climb in First Six Months of 2010
Sales of all single-family detached homes in Northern Colorado were up throughout the region for the first half of 2010, according to data compiled by Loveland-based Information and Real Estate Services. Fort Collins reported the highest increase for the period, with 243 more homes sold in 2010 than in 2009. A total of 1,258 homes were sold through June compared to 1,015 for the same period in … [Read more...]
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