Sales of newly constructed homes fell 3.6% in September, after five months of gains, according to a government report. NEW YORK (CNNMoney.com) — Sales of newly built homes fell unexpectedly in September after rising for five straight months, according to government figures released Wednesday. The Commerce Department said new home sales fell 3.6% to a […]
Questions & Answers The Home Buyer Tax Credit Extension
The Obama administration blessed the proposed extension of the $8,000 tax credit for first-time home buyers on Thursday as the Senate neared a compromise that would extend the credit to more potential buyers. Here’s a primer on who might be able to get the expanded credit, and what it might do for the housing market: […]