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California First Time Buyers News is an EIN News Service for real estate professionals. Constantly updated news and information about California Real Estate.
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Latest California First Time Buyers News

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  • real estate, homes for sale, homes, home, home prices, real estate agents, homeowners, listings, rea 8 Dec 2009 15:33 GMT
    ... real estate, homes for sale, homes, home, home prices, ... first quarter and 70% a year ago. First-time buyers still account for one of three homes ... 65% 67% 66% 68% 82% 45% Activity: First Time Buyers 33% 34% 41% 47% 42% 44% 35% ...

  • Homebuying tax credit all but dead 29 Nov 2009 08:32 GMT
    ... Say goodbye, finally, to hopes of extending that $10,000 tax ... Industry Association, a trade group for the residential construction industry. An Assembly bill extending the ... But check out the federal government's $8,000 first-time buyer tax credit, extended to April 30. More ...

  • 'For sale' signs harder to find on local homes 8 Dec 2009 10:51 GMT
    ... its way up, making it difficult for first-time buyers who are competing with multiple offers," Herman ... $300,000 at its lowest point in February. "Property values were in free fall at the ... hit and passed the bottom of this real estate cycle, association vice president and chief economist ...

  • Pending home sales increase in October; construction spending is flat 1 Dec 2009 21:48 GMT
    ... Some good news for real estate today: The number of buyers who have ... expiration of an $8,000 tax credit for first-time buyers slows during the typically sluggish winter months. ... hit by tight credit, a surplus of property due to overbuilding during the boom years ...

  • Median home price: $502,500 in October 1 Dec 2009 17:56 GMT
    ... sold for $521,000, near the median. A first-time buyer who had missed out on several opportunities ... $525,000 during the boom. Dawson sees more first-time buyers but said it's harder for them to ... tax credit." Katrin Tobin of David Lyng Real Estate pointed out that it's been a challenge ...

  • Son starts blog to sell mom's house 2 Dec 2009 17:01 GMT
    ... Chris Simmons is a son trying to help his mom. Her ... blog about it called Buy My Mom's House. Son starts blog to sell mom's house ... Louis (UMSL), and qualifies for the $8,000 first time buyer credit, and a $3,000 St. Louis ...

  • $10,000 tax credit for new-home buyers doesn't get extended 1 Dec 2009 08:57 GMT
    ... A California lawmaker's quest to extend the state's $10,000 ... extend the state's $10,000 tax credit to new-home buyers is officially dead, at least for ... government introduced an $8,000 tax credit for first-time buyers of new and existing homes. That ...

  • Construction Spending in US Unchanged After Falling in Sept. 1 Dec 2009 16:15 GMT
    ... where we have an excessive stock of residential real estate and until we can firm up the ... current owners. The original incentive covered only first-time buyers and called for properties to be closed ...

  • No cartwheels for mortgage broker 7 Dec 2009 08:43 GMT
    ... Brokers took a break from the second-worst real estate market in a century and descended on ... sure how long it will take for property values to get back to the place ... lenders to modify mortgages or to reward first-time buyers for entering the market. What effect do ...

  • Mortgage broker doesn't see market settling until at least 2012 7 Dec 2009 17:22 GMT
    ... Brokers took a break from the second-worst real estate market in a century and descended on ... sure how long it will take for property values to get back to the place ... lenders to modify mortgages or to reward first-time buyers for entering the market. What effect do ...

  • Mortgage broker doesn't see market settling ... 8 Dec 2009 08:45 GMT
    ... Brokers took a break from the second-worst real estate market in a century and descended on ... sure how long it will take for property values to get back to the place ... lenders to modify mortgages or to reward first-time buyers for entering the market. What effect do ...

  • Housing Sales Improve But Problems Still Run Deep 30 Nov 2009 17:22 GMT
    ... With hopes of economic recovery largely hinging on vitality in the ... recovery – at least to some consumers. First time buyers pushed to close purchases before the looming ... to sell-off mortgages in the secondary market. Real estate is dependent on a whole range of ...

  • Realtor Organization Opposed FHA Anti-Flipping Rule 1 Dec 2009 11:13 GMT
    ... opposition to it in the following way: "Property flipping is a practice whereby a property ... and to shut them out of the real estate market. The argument begins with the fact ... being snapped up by buyers - often first-time buyers - who have conventional financing. During the ...

  • Construction spending edges up in October 1 Dec 2009 16:12 GMT
    ... in October, led by huge rise in residential activity.(AP Photo/Paul Sakuma) WASHINGTON — Construction spending ... in six months, as a surge in home building offset continued weakness in nonresidential construction. ... measure that extends the tax credits for first-time buyers through June as long as they sign ...

  • Housing data point to rocky rebound nationally 30 Nov 2009 04:32 GMT
    ... WASHINGTON (AP) — Sales of new homes rose more than 6 percent in October. ... housing cycle," said John Burns, a California-based real estate consultant. That mirrors the broader economy, which ... 30 deadline for a tax credit for first-time buyers and expand it to some existing homeowners. ...


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