November 2009 
There are 2 blog entries for November 2009.
What Services Do Buyers Feel Are the Most Helpful in Home Buying?
Tuesday, November 24th, 2009 at 4:30pm. 347 Views, 0 Comments.
I recently read an interesting article from the IAR (Illinois Assoication of REALTORS). I have added a couple of the survey responses
that I thought were pertinent. This is the first in a 3-part series I'll be posting.
The survey results below are from the IAR Homebuyer Benchmark 2009 and comprises recent homebuyers with a 3.09% margin of error. My thoughts are written below the results in blue ink.
The survey question was: "Which one of these services did you find most helpful in your home buying?"
WORKING WITH A REALTOR® ....................................... 54.6%
I would have hoped "working with a REALTOR" would have been higher than 54.6%, but it is the highest number, so that's good. Of course, unless a
The First Time Buyer Tax Credit Has Been Extended
Tuesday, November 10th, 2009 at 5:44pm. 305 Views, 0 Comments.
This isn't really news by the time I'm posting this and most of you probably know it has been extended.
Well, everyone figured it would get extended - right?
There was word that it would get extended but until it was signed, sealed and delivered, it was just "talk." I had no idea if it would be extended or not. And I certainly had no idea what the rules would be.
Details of the Home Buyer Credit
Notice I did not put "First Time" Buyer Credit, because now it isn't just for first-timers! The credit is the same for first-time buyers as before but with a maximum earnings increase (up to $125,000 for an individual, $250,000 for a couple), allowing even more to qualify for the credit. It is still 10% of the purchase price up to $8,000.
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