Contract in hand, more time to settle

The Senate passed an amendment that extends the first-time home buyers $8,000 tax credit by three months IF you already have a contract in hand. The U.S. Senate voted on Wednesday to give homebuyers another three months to settle on their contracts and take advantage of a popular tax credit that sparked a rush of [...]

Cincinnati Real Estate: Buyer’s and Tenant’s Market

With the continuing housing slump and overall low growth economic conditions, commercial real estate nationwide isn’t expected to begin to turn prices around until 2011 but the local conditions in Cincinnati may have a brighter outlook. According to a recent article in the Kentucky Post: “If the market hasn’t bottomed out [in Cincinnati], it’s very [...]

Cincinnati Real Estate Consultant Comments on Recent Listing in U.S. News report “Top 10 Cities for Real Estate Steals”

A recent article in US News and World Report ranking cities where there is potential for “real estate steals” prompted a discussion of the Cincinnati housing market and its prospects with Real Estate Development Consultant Andrew Howe of Cranewoods Development. Cincinnati, OH (PRWEB) February 25, 2010 — Andrew Howe of Cranewoods Development gives local confirmation [...]

Cincinnati Makes List Of Top 10 Cities For Real Estate Steals

Cincinnati Ohio Real Estate has been recognized by U.S. News & World Report as one of the top ten markets for healthy real estate development investment and even potential “steals” (USNews). In an article from February 12, 2010 entitled “10 Cities for Real Estate Steals”, U.S. News surveyed information primarily compiled by Moody’s Economy.com to [...]

The VA Purchase Loan Has Many Advantages

Buying a house but not sure what you’re going to use to finance the purchase given today’s climate in the mortgage market? If you’re a veteran or active duty military, then you must consider a VA Loan, a benefit thanks to your service to the United States. A VA Loan is a great option for [...]

Tax Credits working for Homeowners, First Time Buyers and the Economy

A recent study and market analysis show the extension of the first-time home buyer tax credit and the addition of  credit for existing homeowners is working for our economy. But the credits are set to expire in April and interest rates are beginning to rise from their near historic lows so the time to buy [...]

Fannie Mae helping Florida’s condo market

Due to Florida’s great weather, abundance of beautiful coastal properties, it’s livability for residents, and attraction to retirees and vacationers, Florida has always had more condominiums than almost every other state in the country. Unfortunately, in the recent downturn, what’s considered a plus by many has become caught up in the economic turmoil like everything [...]

$8,000 First Time Homebuyer Tax Credit Explained

The first-time homebuyer credit is a new tax credit included in the recently enacted Housing and Economic Recovery Act of 2008. For homes purchased in 2008, the credit operates like an interest-free loan because it must be repaid over a 15-year period. The credit was expanded in 2009 for homes purchased in 2009, increasing the [...]

Investing in Real Estate through 1031 Exchange

Keeping Your Real Estate Equity In Tact During a Sale With 1031 Exchanges presents a wide variety of opportunities from taking advantage of the 1031 exchange technique provided by the real estate code. In a 1031 tax free exchange a real estate investor can sell an appreciated property and invest the sale proceeds in a [...]