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Builder confidence in the market for newly built, single-family homes edged down for a third consecutive month in August, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. The HMI declined one
By Tom Butala According to Chicagolandrealestateforum.com, President Obama on Friday morning signed the Homebuyers Assistance and Improvement Act of 2010 (HAIA), as well as an extension of the National Flood Insurance Program
The Treasury Inspector General for Tax Administration (TIGTA) today publicly released its latest report on the Internal Revenue Service’s efforts to identify and prevent fraudulent First-Time Homebuyer Credits claimed on 2008 U.S. Individual Income Tax returns and amended returns.
According to the Associated Press, sales of new homes sank 33 percent, hitting the lowest level on record. The drop is being attributed to potential buyers ceasing their search once they were no longer eligible to receive any homebuyer