tax credit

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Why Home Ownership Matters

Americans Prefer Owning to Renting

Why Home Ownership Matters2016-11-22T13:49:31-06:00

4 Tips to Determine How Much Mortgage You Can Afford

 By knowing how much mortgage you can handle, you can ensure that home ownership will fit in your budget.

4 Tips to Determine How Much Mortgage You Can Afford2016-11-22T13:49:32-06:00

The Media Has Incorrect Information

I rarely watch the news, but earlier this week, I turned it on. Much to my dismay, I sat there listening to one of the news anchors talking about how bad the real estate market is and how much worse it will get when the tax credit stimulus is over at the end of next [...]

The Media Has Incorrect Information2010-06-24T08:21:22-05:00

The Real Estate Market (first 30 days after the tax credit expiration.)

According to the Minneapolis Area Association of Realtors, home sales in the Twin Cities housing market took another dip as the hangover from the tax credit expiration continued. For the week ending May 22, there were 624 pending sales—a precipitous drop of 42.5 percent from a year ago. The biggest drops in sales since the [...]

The Real Estate Market (first 30 days after the tax credit expiration.)2010-06-02T11:41:19-05:00

Expiration of Tax Credit

The expiration of the tax credit clearly motivated buyers to take action by April 30. Last week, there was a significant 31.2 percent jump in Pending Sales versus last year, bringing the total number of contracts written to 1,469. But for the first time this year the number of New Listings was down. A total [...]

Expiration of Tax Credit2010-05-12T07:31:25-05:00

How the Spring real estate market is shaping up

According to the Minneapolis Association of Realtors, the local housing market continues to mimic spring growth, as Twin Citizens emerge from their wintry cocoons just in time for the final days of the home buyer tax credit. For the week ending March 20, there were 2,277 new listings, up 28.8 percent from a year ago [...]

How the Spring real estate market is shaping up2010-03-30T16:54:22-05:00

How Green Are We?

Here are some interesting statistics recently published in "The Residential Specialist" magazine. (Their source for the information was Harris Interactive.) This magazine is available to all real estate agents who have earned their Certified Residential Specialist certification through the National Association of Realtors. Several of Hometown Realty agents in Hutchinson, MN have earned this CRS [...]

How Green Are We?2010-03-17T14:29:32-05:00

Homebuyer Tax Credit Extended

By now most of you have heard that the first time buyer tax credit has been extended to April 30, 2010. In addition, there is now a tax credit for current homeowners who have used their home as a principal residence consecutively for 5 of the previous 8 years. This credit also runs to April [...]

Homebuyer Tax Credit Extended2009-11-10T15:07:18-06:00
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