Tag Archives: First Time Home Buyers
What is Needed to Claim the Tax Credit?
All of you new homeowners in Arlington, VA out there that took advantage of the first-time homebuyer tax credit are probably wondering what is needed to claim the tax credit. I hope your Realtor® has informed you as they should have. There is no reason for you to struggle for that information. If you haven’t [...]
Full Story4 Reasons to Sell Now in Northern Virginia
I’ll be the first one to tell you that trying to sell your home in the Northern Virginia and Washington DC metro area right now is not ideal. It’s by no means the thing to do at the moment because of the home prices being driven down by the foreclosures and short sales. Home prices [...]
Full Story2009 Profile for Buyers and Sellers
NAR recently released the 2009 profile for buyers and sellers. The results were compiled from over 9,000 surveys from people who purchased a home between June 2008 to July 2009. Below you will find some of the highlights from the report.
47% of all buyers were first time buyers.
62% of first time buyers reported [...]
Take Advantage of the Tax Credit Extension
Typically, around this time of year the cold air, cozy fireplaces, decorating of the tree, and gift giving slows down buyers home searches. This winter, however, may be different because of the first-time homebuyer tax credit extension. The traffic at www.PortfolioRS.com surged on November 5th when Congress approved the tax credit extension. Those buyers out [...]
Full StoryBuying a Home Will Go Down in History
The real winners in this recession are the young people that are just getting their feet wet to invest and buying their first homes. First-time home buyers between the ages of 25 and 45 were the the make up for about 45% of home sales through the first half of 2009.
This will be a historic [...]
