REAL ESTATE NEWS
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HELPFUL TIPS
First Time Home Buyers Tax Credit – The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence. It also authorized a tax credit of up to $6,500 for qualified repeat home buyers.
MSN Real Estate – Homes located within walking distance of amenities such as schools, parks and shopping aren’t only more convenient for their owners, often they’re also worth more than homes in neighborhoods where driving is the rule, according to a new study. The report looked at 94,000 real-estate transactions in 15 markets. In 13 of those markets, higher levels of “walkability” were directly linked to higher home values. The report, “Walking the Walk: How Walkability Raises Housing Values in U.S. Cities,” was commissioned by CEO’s for cities a national network of urban leaders from the civic, business, academic and philanthropic sectors.
