Nov. 24, 2009 Surge in Home Sales

Nationally, the housing market is beginning to give more signs of recovery. Nothing stimulates buyers like getting a good deal in todays' depressed market and here's the proof:


http://www.washingtontimes.com/news/2009/nov/24/home-sales-surge-101-percent-in-october/?feat=home_headlines

Veteran's Day in Elko

Elko Honors Our Veterans

A Veteran's Day tribute to those who serve from the Elko High School Band. Click below to hear the Pride of Nevada!

Federal Tax Credit- Extension and Changes

This link goes to info basics on the "old" and "new" federal tax credit program which was just approved by congress and expected to be signed by President Obama.

http://www.realtor.org/fedistrk.nsf/files/government_affairs_tax_credit_ext_chart_110409.pdf/$FILE/government_affairs_tax_credit_ext_chart_110409.pdf



This article from the Christian Science Monitor just goes over the program details, but it is especially interesting to read the comments section at the end with great questions and comments.

Regardless of whether you are for the home buyer tax credit or against it, it appears that it will be implimented. My philosophy is that if the government has decided to give away money and you are contemplating buying a home, you may as well take advantage of it.


http://features.csmonitor.com/economyrebuild/2009/11/05/what-the-6500-homebuyer-tax-credit-means-for-you/

Extending the Tax Credit?

The article below discusses the inplication of extending the tax credit program- pro and con. What do you think about the stimulus- has it had a positive "over-all" impact, or just on housing?


http://features.csmonitor.com/economyrebuild/2009/10/29/extending-home-buyer-credit-another-clunker/

National Real Estate Price Predictions

Although Elko home prices have been much more stable than many areas of the country, national trends can also come into play locally. The following news could be negetive for sellers or positive if you are a buyer...


http://finance.yahoo.com/news/Homes-About-to-get-much-cnnm-699910894.html?x=0

FICO Score: Explained

Learn how your FICO score is determined and effects your interest rates and even insurance premiums and how to improve it.

http://www.rd.com/advice-and-know-how/your-credit-score-the-magic-money-number-explained/article163604.html

Borrowers rush in as mortgage rates slip below 5% -- latimes.com

Borrowers rush in as mortgage rates slip below 5% -- latimes.com

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