Archive for February, 2010
IRS clarifies documentation needed for tax credits
Despite back-to-back snowstorms that shut federal offices for days, the Internal Revenue Service issued new guidance last week on the two tax-credit programs that are powering the country’s real estate markets — the $6,500 credit for repeat buyers and the $8,000 first-time-buyer credit.
Pearlstein: Senators near an attractive deal on regulatory reform
The Washington Post’s Steven Pearlstein discusses regulatory reform.
New owner to restart Green Lake apartment project
A half-built apartment building on the site of the landmark Twin Teepees restaurant near Seattle’s Green Lake has a new owner.
Mortgage rates climb over the 5 percent mark
Rates for 30-year home loans rose above the 5 percent threshold for the first time in three weeks, but remained near historically low levels.
Activist to Oregon town: 'You've spoken with one voice'
In a session streamed live on the local newspaper’s Web site, one resident after the other was emphatic: The Aryan Nations was not welcome in their community.
DC Property Assessment Explained
District property owners can expect something new in the mailbox soon, a property assessment that reflects the recent upheaval in the real estate market.
Sales of existing homes unexpectedly drop in Palm Beach County and nationwide
Palm Beach County’s existing home sales dropped 36 percent in January compared to December, but the median price was stable at $238,600. The numbers, released Friday by the Florida Realtors, show Treasure Coast sales also decreasing in January from the previous month by 18 percent.
Selling your home with incentives
Today in House Talk, you heard by now this is a buyer’s market, but what does it mean for sellers? For some it means going the extra mile to make sure their home stands out.
Akron: Former Mahoning County judge sentenced to 27 months for fraud
Former Mahoning County Common Pleas Court Judge Maureen Cronin has been sentenced to 27 months in federal prison for getting a sham loan from Flora Cafaro, part-owner of the Cafaro Co., who had dozens of civil cases before her court.
Green Scene: Some plants will welcome boggy soil created by recent snowstorms
As I write, snow is finally melting, making its way into the soil, creating soggy conditions in planting beds and woodlands.