Miami Condos and Real Estate

Big Push to Extend Home Buyer Tax Credit Through 2010
Will Congress extend the home buyer tax credit through the end of 2010?Lobbyists are hard at work trying to convince lawmakers for another extension.The National Association of Realtors® and other industry groups are passing through the halls of Capitol Hill to make their case.With two extensions already, they’re making the case that the housing market remains weak, and that home buyer the tax credits are.

MBA Proposes Home Loan Modification Plan for Unemployed
As the economy and housing market improves, many people are still feeling its effects. Unemployed individuals continue to struggle paying their mortgage loan and many have no choice but to foreclose because they don’t quality for home loan modification or refinancing under a lower mortgage rate.Lenders Propose Reduced Mortgage Payment PlanThe Mortgage Banker Association recently proposed a plan to the Treasury.

Home Improvement Servicers Profit with Improving Housing Market
With home prices and record low mortgage rates remaining steady, it’s no wonder that the housing market is starting an uphill climb with the improving economy. Further implications for this recovery period come from home improvement and new home building businesses such as Lowes, Home Depot, Lennar, D.R. Horton and KB Home.Profits for Home Improving and Selling BusinessesLowes reported larger than expected profits.