Five Mistakes Home Buyers Make

Affordable home prices and historically low interest rates have created an ideal situation for many qualified first-time home buyers to purchase a house.  Despite this opportunity, some buyers may be overconfident and make mistakes during the home-buying process. MAKING SENSE OF THE STORY FOR CONSUMERS Some first-time buyers are unaware of the vast amount of […]

Now is the Time to Get Your Real Estate Deal, While You Still Can

The combination of affordable home prices, low interest rates, and the federal tax credit for home buyers have created an opportune time for many buyers to purchase a home.  Many real estate analysts also believe that most housing markets have stabilized, but that some markets may decline further. MAKING SENSE OF THE STORY FOR CONSUMERS […]

Home Buyers Tax Credits Explained

As you have probably heard, Congress passed a new act that extends emergency unemployment compensation during these difficult economic times. Included in that bill was the extension of the First Time Homebuyer Credit which was scheduled to end December 1st of   2009.  Not only has the credit has been extended but it has also been […]

Home Sales to Increase 15 Percent in 2010

Home sales will increase 15 percent to about 5.7 million units and REALTOR® income will be up 20 percent in 2010, NAR Chief Economist Lawrence Yun told a packed room of REALTORS® today in a residential economic update at the 2009 NAR Conference & Expo. Yun credited the home buyer tax credit with unleashing sales […]

We’re Getting Back to a “Real” Home Market at Last

Housing affordability among first-time Californian home buyers in Q109 improved more than 20 percentage points from the year-ago period, according to survey results released Thursday by the California Association of Realtors (CAR).  This is good news for us here in Nevada County. The more people who can afford to buy a home, the sooner home […]