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November 2009

There are 2 blog entries for November 2009.

October Greater Nashville Home Sales Up 22.7 Percent

Thursday, November 19th, 2009 at 6:54pm. 40 Views, 0 Comments.

GREATER NASHVILLE HOME SALES UP 22.7 PERCENT

Major increase in closings is first since October 2006

By GNAR http://www.gnar.org/mlsrelease.htm

 

There were 2,145 home closings reported for the month of October, according to figures provided by the Greater Nashville Association of REALTORS®.  This figure is up 22.7 percent from the 1,748 closings reported for the same period last year. This is the first time since October of 2006 that Greater Nashville home sales have recorded and increase in home sales on a year-to-year comparison for the month.

Year-to-date closings through October are 17,598, and 18.4 percent decrease from the 21,581 closings reported through October 2008.

“It is truly welcome news that home…

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$8,000.00 Tax Credit has been Extended through 2010

Friday, November 6th, 2009 at 9:27pm. 755 Views, 2 Comments.

It’s official! President Obama has signed a bill that extends the tax credit for first-time homebuyers (FTHBs) into the first half of 2010. In addition, the extension also opens up opportunities for others who are not buying a home for the first time.

TAX CREDIT OVERVIEW

Who Gets What?

First-Time Homebuyers (FTHBs): First-time homebuyers (that is, people who have not owned a home within the last three years) may be eligible for the tax credit. The credit for FTHBs is 10% of the purchase price of the home, with a maximum available credit of $8,000

Single taxpayers and married couples filing a joint return may qualify for the full tax credit amount.

Current Owners: The tax credit program now gives those who…

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