National Association of Realtors® President Charles McMillan encouraged those gathered at the “59 and ½ Minutes: A Member-Director Forum” to continue a dialogue toward finding solutions to today
Consumers across the country can now take advantage of a Federal Housing Administration program to allow qualified home buyers to apply the $8,000 tax credit when purchasing a home.
Pending home sales eased against a deteriorating economic backdrop but remain in a stable range, according to the National Association of Realtors®.
If home buyers become eligible for tax credits without repayment features, the result could be an additional 555,000 home sales.
Most metropolitan area median home prices, impacted by distressed sales, trended down in the fourth quarter from a year earlier.