Improvement Coming to Buyer Tax Credit?

Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, said that the Federal Housing Administration is working on a plan that will permit its lenders to allow home buyers to use the $8,000 tax credit as a down payment.
Previously, most buyers wouldn’t receive the funds until after they filed their tax return, [...]

Finally,,,,Sales are UP :-)

LISTINGS Residential (Single Family & Condo)
May 11-17, 2009 596
Last Year 641
SOLDS
May 3-9, 2009 225
Last Year 207

Stats

LISTINGS Residential (Single Family & Condo)
May 4-10, 2009 639
Last Year 673
SOLDS
April 26-May 2, 2009 230
Last Year 288

Housing Market Faces New Rules for Appraisals

The housing industry is facing new national rules for real estate appraisals, which will ban mortgage brokers from ordering valuations and divert more business to third-party appraisal management companies.
Lenders seeking to sell their loans to Fannie Mae and Freddie Mac will have to adopt the home valuation code of conduct; but they have expressed [...]

Stats

LISTINGS Residential (Single Family & Condo)
April 27-May 3, 2009 505
Last Year 587
SOLDS
April 19-25, 2009 166
Last Year 243

Staitistics

LISTINGS Residential (Single Family & Condo)
April 20-26, 2009 597
Last Year 713
SOLDS
April 12-18, 2009 185
Last Year 242