Archive for the 'First Time Homebuyer' Category
2009 Housing Market Review
Filed Under categories: First Time Homebuyer, News You Can Use, Real Estate News, Real Estate Stats
posted by Kea Bensen on February 11th, 2010
2009 Year in Review
What a difference a year makes. As poor as the housing market was in January 2009, a year of aggressive subsidies and sluggish economic improvement has produced a tentative optimism in January 2010.
The first-time homebuyer tax credit was extended and revised in 2009 to include some qualifying move-up buyers, and housing sales in the conforming loan range began to soar in most areas of the country by May 2009.
Click here to view 2009 Year in Review for San Diego County under $1 Million
Click here to view 2009 Year in Review for San Diego over $1 million
Umbrella to Cover ‘Unexpected’ for 1st Time Buyers
Filed Under categories: Buying, First Time Homebuyer, News You Can Use
posted by Francine Finn on January 28th, 2010
The California Housing Affordability Fund Mortgage Protection Program has been extended through December 31, 2010, or until funds are exhausted.
Under the free program, which received $1 million from the California Association of Realtor’s Housing Affordability Fund and an additional $420,000 from the National Association of Realtors, first-time home buyers who lose their jobs due to layoffs may be eligible to receive up to $1,500 per month, for up to six months, to help make their mortgage payments. Read the rest of this entry »