by countyproperties | Sep 18, 2008 | Real Estate news
Housing: Still ARMed, Less Dangerous Hope hangs on cutting a massive oversupply of homes for sale. It was two years ago this month that I wrote “Housing: ARMed and Dangerous,” about what was at the time only a flicker of a crisis. I’ve since written...
by countyproperties | Sep 11, 2008 | Finance
According to the NY Federal Reserve, there were 116 million total housing units in June 2008. About 50 million were prime mortgages, 37 million were rental units, 26 million had no mortgage, leaving a total of 3 million subprime mortgages. Subprimes represent...
by countyproperties | Sep 11, 2008 | Finance, Real Estate news
Q What does it mean that the new tax credit is refundable? A It means good news for many home buyers! A ‘refundable credit’ means that even if you pay little or no income tax, you can claim the credit and get a check from the IRS. ...
