Archive for January, 2010
2010 Tax Credits Available for Repeat Buyers and First Time Home Buyers
Posted by: | CommentsIt’s still not too late to take advantage of the homeowner’s tax credit. It’s not just for first-time home buyers but for repeat buyers too. Buyers who have a contract in place to purchase a primary residence by April 30, 2010, and close the transaction by June 30, 2010, can qualify for the tax credit.
Foreign Real Estate Investment in US Cities
Posted by: | CommentsIt is interesting to see the recent surge in foreign real estate investment in Washington D.C. and in New York. Washington D.C. had more foreign real estate investment in 2009 than any of the 3 years prior with New York stretching it’s 2009 mark almost to the high mark of 2007. In contrast, foreign investment in Los Angeles has not rebounded like San Francisco. This information is from AFIRE ( Association of Foreign Investors in Real Estate), the official voice of foreign real estate investors in the United States.
Chart of US Cities - Foreign Real Estate Investment 2007-2009