Eagan

There are currently 3 blog entries related to this category.

23 Days Left!

Wednesday, April 7th, 2010 at 2:22pm. 90 Views, 0 Comments.

Home Buyer Tax Credit Expiring

Just a reminder that the home buyer tax credit will expire at the end of this month. Don't miss out on the chance for an $8,000 tax credit just for buying the home you want to purchase anyway!

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Have We Hit The Bottom?

Tuesday, January 19th, 2010 at 5:03pm. 366 Views, 0 Comments.

The Question I Most Often Get

Many people ask me, "Have we hit the bottom of the real estate market? Are prices going to go lower?". The answer is clear as mud. One thing is for sure, hind sight is 20/20 and you will be kicking yourself if you don't buy into this market!

Even within one geographical area, like the Twin Cities, the bottom will hit at various times. Each market is different, from neighborhoods to types of housing and every combination. What is consistent, is the general upward or downward movement in housing prices.

Our market has taken quite a hit. Our prices are the lowest they've been in several years. Has the exact type of home you would like hit rock bottom? It might already be on the upswing, or it might not quite be at the very…

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Buyer Tax Credit Extension

Tuesday, November 10th, 2009 at 2:29pm. 139 Views, 1 Comments.

Worker, Homeownership and Business Assistance Act of 2009

Good news...the "first-time buyer credit", as many call it, has been extended and modified! The new law extends the deadline for purchasing a home and includes current homeowners. It also raises the income limitations for those eligible for the credit.

Under the new law, buyers must enter into a binding contract by April 30, 2010 and close by June 30, 2010. Current homeowners that have lived in their home as their principal residence for at least five consecutive years of the last eight years are also eligible for a slightly smaller credit of up to $6,500 (versus the $8,000 for first-time buyers).

Finally, the income limitations have been increase from $75,000 to $125,00 for individuals and…

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