I am happy to report that Congress has passed a bill extending the Homebuyer Tax Credit closing deadline to September 30, 2010. This is a huge win for REALTORS® and homebuyers, and NAR worked closely with members of Congress to make it happen.
“If jobs come back as expected, the pace of home sales should pick up later this year and reach a sustainable level of activity given very favorable affordability conditions,” Yun said.
Former RB Resident
on July 1, 2010 at 10:29 am
Wow, the extremely soft focus gives the house a dreamy quality. When can you show it to me, Jim?
Troubled Loner
on July 1, 2010 at 10:33 am
Lereah, and now Yun. Does anyone really ever take them seriously anymore? Perhaps uninformed people who want to believe them.
dafox
on July 1, 2010 at 10:59 am
I agree with Yun – if jobs come back as he expects, things will definitely turn around and we’ll have a very active, healthy market. Foreclosures will back off and delinquencies will be cured.
The difference is everyone other than NAR expects jobs to not return for a long time.
CapitalGain
on July 1, 2010 at 11:15 am
“If jobs come back as expected, the pace of home sales should pick up later this year…”
That looks like a scaled-up copy of a 64×64 JPEG thumbnail of a Daguerrotype.
MarkinSanDiego
on July 1, 2010 at 1:13 pm
If the fog clears, it will be warmer – if I win the lottery I will have more money, and if jobs come back, house sales will pick up. . .gee, I hope he isn’t getting paid too much!
Colonel Mustard, in the parlour, with a candlestick.
VirtualChris
on July 1, 2010 at 3:07 pm
“Congress approved late Wednesday an extension to the June 30 closing deadline for the home buyer tax credit, hours before it was set to expire. The move will give would-be buyers who signed a purchase agreement by April 30 more time to close on those deals and receive the credit that is worth up to $8,000. The new deadline is Sept. 30.
Silly…
Genius
on July 1, 2010 at 3:13 pm
So far we have about a year of extension right?
For the price of a postage stamp.
Petra
on July 3, 2010 at 9:21 pm
The person who took the pic must live next to power lines…
To: All REALTORS®
From: Vicki Cox Golder, 2010 NAR President
Date: July 1, 2010
Re: NAR Update: Tax Credit Deadline Extended; Flood Insurance Program Reinstated
Dear fellow REALTOR®,
I am happy to report that Congress has passed a bill extending the Homebuyer Tax Credit closing deadline to September 30, 2010. This is a huge win for REALTORS® and homebuyers, and NAR worked closely with members of Congress to make it happen.
Must have cost a lot of people a lot of money.
This short sale will cost the lender about $200,000 by the time they’re done.
BTW, agent is related to seller.
Agent related to seller? What a surprise with a picture like that!
Is there a visually-challenged Realtor group?
Yunnie says no double dip (in the video):
http://www.realtor.org/press_room/news_releases/2010/07/phs_drop
“If jobs come back as expected, the pace of home sales should pick up later this year and reach a sustainable level of activity given very favorable affordability conditions,” Yun said.
Wow, the extremely soft focus gives the house a dreamy quality. When can you show it to me, Jim?
Lereah, and now Yun. Does anyone really ever take them seriously anymore? Perhaps uninformed people who want to believe them.
I agree with Yun – if jobs come back as he expects, things will definitely turn around and we’ll have a very active, healthy market. Foreclosures will back off and delinquencies will be cured.
The difference is everyone other than NAR expects jobs to not return for a long time.
“If jobs come back as expected, the pace of home sales should pick up later this year…”
That’s a good one.
That looks like a scaled-up copy of a 64×64 JPEG thumbnail of a Daguerrotype.
If the fog clears, it will be warmer – if I win the lottery I will have more money, and if jobs come back, house sales will pick up. . .gee, I hope he isn’t getting paid too much!
My God! I’ve gone blind!
That’s it! No more Internet porn! 🙂
Colonel Mustard, in the parlour, with a candlestick.
“Congress approved late Wednesday an extension to the June 30 closing deadline for the home buyer tax credit, hours before it was set to expire. The move will give would-be buyers who signed a purchase agreement by April 30 more time to close on those deals and receive the credit that is worth up to $8,000. The new deadline is Sept. 30.
Silly…
So far we have about a year of extension right?
For the price of a postage stamp.
The person who took the pic must live next to power lines…