Incentives encourage 1st-time buyers Nov 23, 2009
"Buyers are showing confidence in new homebuilders in buying a new home under warranty," he said. Send real-estate and development news to. (AZCentral -- Business)
Dayton home building permits climb 11% Nov 21, 2009
HBA of Dayton builders optimism has been given a lift as lawmakers extended the first time home buyer tax credit and expanded the program to include a $6,500 incentive to anyone buying a new home through April of next year, Hibner said in a news release. The home building market conditions for the next six months should see gradual improvement as the incentives entice home buyers across most price points to take advantage of an excellent buying opportunity. (Dayton Business Journal, OH)
Ask yourself these questions about goings-on Nov 15, 2009
If you were buying a new home and the seller's Realtor presented you with a 2,000 page document to sign at closing, would you sign it. Obama, Pelosi and Reid are prepared to sign similar size bills that will likely result in the destruction of our dollar, our economy and our freedom to make our own decisions. (The Augusta Chronicle)
TBJ poll: 54% like home-buyer tax credits Nov 12, 2009
Of the 479 voters in the poll, 54 percent indicated that they support the extension of the $8,000 tax credit for first-time home buyers and the introduction of a $6,500 tax credit for home buyers who are buying a new home after owning their present residence for at least five years. Slightly more than 40 percent of the respondents did not agree with the tax credits, while 5 percent indicated they aren t sure. (Triangle Business Journal)
Brevard's senator on the fast track Nov 1, 2009
The measure gave homeowners a second $25,000 homestead exemption on nonschool taxes and gave them a tax adjustment on buying a new home. It also set a 10 percent assessment cap on commercial property. (Florida Today)
Match solutions to goals Oct 27, 2009
This is particularly important when you experience a life-changing event such as a new job, marriage, children, divorce or buying a new home, as these will all have an impact on your financial goals. Page: 1 of 2 - Digg. (iAfrica.com)
Different types of home loans Oct 21, 2009
From buying a new home or property to renovating or extending an existing home or property, the home loans market has been a witness to the arrival of more customized packages to suit the different needs of the home loan buyers. A look into the different home loans that is up for grabs. (India Times)
Dream Homes: Buy now or wait? Oct 14, 2009
MUMBAI: The festive season is considered an auspicious period for buying a new home. But, this time around, potential home owners in Mumbai are faced with the million-dollar question to buy or not to buy even as builders ramped up property prices in the city and its suburbs by 10-15% in the run-up to the festivities, and could raise them further. (India Times)
Inside the 'zero carbon' future home Sep 9, 2009
And there are warnings that they will push up the cost of buying a new home. Simon Gompertz managed to get a sneak preview at the development in Basingstoke in Hampshire. (BBC News -- Science)
Appliance plan follows Clunkers program Sep 1, 2009
And you're not buying a new home. But maybe your air-conditioning unit is on the fritz. (Fresno Bee)
ION Television to Break Guinness World Record for "World's Largest Moving Box" in Times Square on Thursday, September 3 Aug 27, 2009
The contestant with the matching number keychain wins the grand prize -- $100,000 towards paying off their mortgage, or buying a new home. About ION Television. (Yahoo! Wire -- Entertainment News)
Surprise dip in US home building Aug 19, 2009
Analysts said continuing job loss fears were putting people off buying a new home, while others still simply cannot afford to get the loans they needed to join the housing market. The most recent official figures showed that the US jobless rate rose to 9. (BBC News -- Business)
Deadline looms for home grants Aug 12, 2009
If you are buying a new home, building must start within 26 weeks of the contract and be completed within 18 months. If you're an owner-builder, construction must start before the cut-off dates and be completed within 18 months. (Sydney Morning Herald -- Business)
House sales driven by first-home buyers Jul 29, 2009
HIA chief economist Harley Dale said the lift in activity over the first half of 2009 "clearly marked a healthy turnaround'' in the market after a period of weakness at the end of 2008. "To date, the pick-up in new home sales has been dominated by the first-home buyer, a reminder that a sustained recovery in new home building needs to be more evenly spread across trade-up buyers and investors," Mr Dale said. The Federal Government in October last year increased the first-home owner grant to... (Sydney Morning Herald -- Business)
June housing construction rises more than expected Jul 18, 2009
That's because companies are still shedding jobs and home prices are falling, making people hesitant to commit to buying a new home. "There's still a long way to go before one wants to declare anything that begins to look like a strong recovery or success," said Rebecca Blank, undersecretary of commerce for economic affairs. (Muscatine Journal, IO)
Housing starts, building permits jump in June Jul 18, 2009
That's because the economy is still shedding jobs and home prices are falling, making people hesitant to commit to buying a new home. The National Association of Home Builders said Thursday that its housing market index rose two points to 17 in July, the highest level in nearly a year. (USA Today -- Money)
Town houses get OK A majority of Spotsylvania supervisors decided last night to approve a 150-town house project even though it could cost the county more in public services in the long run. Jul 15, 2009
"I'd rather have a worker who is employed and has money in his or her pocket paying taxes or paying rent or buying a new home, just contributing to the economy in Spotsylvania, rather than working in the unemployment line," he said. Dan Telvock: 540/374-5438Email. (Fredericksburg.com, VA)
May housing construction jumps by 17.2 percent Jun 18, 2009
Even with the encouraging news, analysts are not looking for a quick rebound in housing, given that the economy is still shedding jobs and home prices are still falling in many years, making people hesitant to commit to buying a new home. Many economists say home construction likely will stop falling in the current quarter but any sustained rebound isn't expected to take hold until next spring in part because of the huge overhang of unsold homes and a record wave of mortgage foreclosures which... (Madison Daily Leader, SD)
The first-home buyers' state May 31, 2009
The combined state-federal grants and stamp duty exemptions are worth up to $31,990 to first-home buyers purchasing an existing property, while those buying a new home can save up to $41,990. Premier Nathan Rees said he was delighted by the number of first-home buyers who were able to secure property in April. (Sydney Morning Herald -- Australia)
Some sectors see above- average sales in down economy May 23, 2009
With the residential industry still awaiting recovery single-family housing permits were down more than 40% year-over-year in April some homeowners are getting a new look without buying a new home. Jonathan Turner, owner of , says his business is benefiting from homeowners opting to make improvements. (Memphis Business Journal, TN)
Ariz. Housing Market Rises From Ashes May 20, 2009
blew through town like tumbleweeds and For Sale signs dotted the landscape like cacti, finding and buying a new home, he thought, would be easy. He was wrong. (ABC News -- Business)
Ideal time for first home buyers: survey May 18, 2009
The federal government tripled the grant for those buying a new home or building their own home to $21,000 in October last year. The extension reduces to $14,000 after September 30 before reverting to the old grant's flat $7,000. (Sydney Morning Herald -- Business)
Artists pin hope on 'affordable' art May 10, 2009
Popular belief is that the right piece of art can transform a space, making it an attractive alternative to buying a new home or redecorating in a recession marked by mounting job losses and tight access to credit. Artists at the affordable art fair were banking on that very possibility. (India Times)
Sitting on the fence is not a bad idea May 9, 2009
If you are worried about your job, the last thing you are thinking about is buying a new home. You aren t on the fence. (Atlanta Journal-Constitution -- Business)
Venus Williams takes surprise loss Apr 17, 2009
Guess Who is Buying a New Home in NY. Renee asks-is the ferry to Kelley's Island open for the season. (Yahoo News -- Auto Racing)
Smart Tax Planning Apr 12, 2009
For starters, the recent Obama administration's stimulus package's recently enacted an 8,000 credit for buying a new home. And that, advisers say, is good for your 2008 tax return due in three days -- or later if you file an extension -- even if you didn't close on the new house last year. (New York Post -- Business)
Homeowners: Now is the time to invest in remodeling Mar 30, 2009
Sullivan and her husband, Forrest, have been looking into buying a new home for two years. When they started looking, the housing market was still soaring. (Rapid City Journal, SD)
U.S. home sales rise unexpectedly Mar 24, 2009
"Instead of selling and buying a new home, they're staying and refinancing," she said. Today in Americas. (International Herald Tribune)
Local business leaders make sense of Obama's budget Mar 24, 2009
The change could have a ripple effect on Greater Baltimore s housing market by making house hunters think twice about buying a new home, said Bill Cassidy, a real estate agent with in Baltimore City. It could also be the breaking point for cash-strapped homeowners depending on the tax benefit. (Baltimore Business Journal, MD)
Bargain hunters prowl at Fresno home show Mar 9, 2009
Families may not want to tackle the cost of buying a new home right now, but they might want to rebuild their kitchen or bathroom. Check FresnoBee. (Fresno Bee)
Home & Garden Show draws bargain seekers Mar 9, 2009
Families may not want to tackle the cost of buying a new home right now, but they might want to rebuild their kitchen or bathroom. At least one visitor said she was in the market for a home, though. (Fresno Bee)
Weigh up the cost of buying Mar 6, 2009
The NSW Government offers a $3000 supplement for people eligible for the first home buyer grant who are buying a new home between November 2008 and November 2009, and also provides a concession on duty on the purchase ... In Victoria, for example, first home buyers can get an additional grant if they are buying a new home outside Melbourne. (Sydney Morning Herald)
Something to write home about Mar 4, 2009
Unless you're buying a new home in rural Victoria, property prices would have to rise more than 20 per cent a year for you to be worse off by waiting three years. Can you see that happening. (Sydney Morning Herald -- Business)
Home Show theme is 'Build Green' Feb 26, 2009
Meanwhile, Doug Conrad thinks people should spend their money buying a new home. "There's really no better time than now if someone is thinking about building, because interest rates are at the lowest levels they've ever been," said Conrad, who is the general manager of Heritage Homes in Siouxland. (Sioux City Journal)
Housing starts forecast at nine-year low: CMHC Feb 21, 2009
He says consumers have a wider choice in the existing home market and that's driving them away from buying a new home. CMHC's forecast says existing homes sales will drop almost 15 per cent this year from 2008 while the average sale price will fall by 5. (Canada.com)
Buying a New Home Vs. Buying an Old... Feb 15, 2009
Buying a New Home Vs. Buying an Older Home: How New Homes and Older Ones Differ ... Buying a New Home Vs. Buying an Older Home ... Buying a New Home Vs. Buying an Older Home. (Suite101.com)
Make Living Naturally Second Nature at Home Feb 14, 2009
(ARA) - Many families are interested in adopting a more natural lifestyle, especially when they're met by life-changing moments, such as welcoming a new baby, adopting a pet, or buying a new home. According to a recent survey, however, while 78 percent of parents want their families to do more to live naturally, almost as many (63 percent) think that making changes would be difficult. (Pekin Times, IL)
Mortgages drop to lowest level since 1974, says CML Feb 13, 2009
The number of people buying a new home dropped to the lowest level since 1974 in 2008 as the "lending noose" exerted a stranglehold on the mortgage market, CML figures revealed ... It has been more than 34 years since levels were this low, when a total of 445,000 mortgages were approved for those buying a new home. (Telegraph.co.uk)
Isakson to push for housing tax credit bill Feb 13, 2009
My wife and I may not jump into buying a new home now. By Brandar. (Atlanta Journal-Constitution -- Metro)
New homes in Calgary become more affordable Feb 13, 2009
"The cost of building a house is starting to come down," said Lai Sing Louie, senior market analyst in Calgary for Canada Mortgage and Housing Corp. "It's a very competitive market, so this is driving the costs down. Actually, this is a benefit for someone looking for a new house now.For the first time in a while, buying a new home is relatively less expensive than it was a year ago.". The Calgary CMA includes the city, Airdrie, the Municipal District of Rocky View, Chestermere, Cochrane,... (Calgary Herald)
