Congress Votes for Home Buyer Tax Credit Expansion
As of today – Thursday November 5 – Congress has passed a bill that includes an amendment
to extend and expand the homebuyer tax credit. This bill will be sent to President Obama for
his signature. The National Association of REALTORS® (NAR) has created a side by side
comparison of the ...
BofA Implements Equator (REOTrans) Platform, as Short Sales Gain Ground
10/22/2009 By: Carrie Bay, reporter for DS News
California-based Equator (formerly known as REOTrans) says it has launched the industry's first-ever short sale module for a large national lender.
Although Equator declined to name the lender, the San Francisco Chronicle has reported ...
Passed by the House early in October was a bill extending the $8,000 home buyer tax credit next year for military, diplomatic and intelligence personnel serving overseas. This increases the likelihood that Congress will write an extension of the $8000 tax credit program into 2010 but of course there is no guarantee. Hopefully, lawmakers appreciate the tax credit ...
Disregarding the notion that real estate isn't selling, the Coldwell Banker Schmidt Family of Companies has ranked 2nd in closed transaction among 1,228 Coldwell Banker Companies nationwide through the third quarter of 2009. "We're seeing the drive of our agents and our investment in their success really pay off for our clients." said Mike Schmidt, President of The Coldwell Banker Schmidt Family ...
Today Show real estate expert Barbara Corcoran presented a list of the top 10 recovering real estate markets in the US recently. Included were three Michigan Markets: Lansing, Grand Rapids and Saginaw. Here's the whole story...
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September proved to show a long anticipated increase in real estate activity in Northwest Michigan. Buyer activity has been trending upward after a lackluster summer season, and we're driving into the fall with a lot of offers being written and properties being put under contract.
The number of residential sales for September we up 31% over 2008- actually they were the best they've been in the past ...
So the big question is how many foreclosure homes closed in May 2009 in Traverse City? 26 homes out of 88 were tagged as foreclosure or bank owned in Traverse City for May 2009. That represents about 29%. The better news is right now if you complete a search for foreclosure and bank owned homes in Grand Traverse County, there were only 74 such homes available as of June ...
Traverse City Real Estate Market is in fact better. The numbers don’t lie!!! From July 1st 2008 to September 25th 2008 there were 270 closed residential sales reported in the Traverse Area Association of Realtors (TAAR) MLS system. During that exact period of time for this year there were 303 closed residential sales reported. That’s a 12% increase over 2008! ...
Bill Martella, Associate Broker and manager of Coldwell Banker Schmidt Realtors office in Gaylord, was interviewed by local CBS affiliate WWTV/WWUP-TV regarding a possible extension of the current $8000 home buyer tax credit.
9&10 News turned to Martella to get his insight as an expert in the real estate transaction process.
View the story on their website
Bill Martella, manager of the Coldwell Banker Schmidt Realtors office in Gaylord, has been invited to become a guest columnist with the Gaylord Herald Times. Bill will be writing a monthly feature about real estate in the Gaylord market and beyond.
His first column came out on Wednesday, and is a great illustration of the strides being made by sellers and their agents to get homes sold in the ...