Archive for February, 2009

Is the homebuyer tax credit for me?

Monday, February 16th, 2009

Here’s the skinny:   The tax credit in the Stimulus Bill has been scaled down to $8,000 from its previous level of $15,000, or 10% of the value of the home for any first time homebuyers who purchase homes from the start of the year until the end of November. It starts phasing out for couples […]

The elusive “bottom”

Tuesday, February 3rd, 2009

“Have we hit bottom yet?”  I think I get asked this question thirty times a week.  If you’re asking, then the answer is probably NO, not yet.  But, that said… blink and you’ll miss it!  It’s not a complicated idea, but the bottoms will be localized, just as all real estate is local.  Tucson’s University areas, […]