Posts Tagged ‘homebuyer’
Although housing prices have increased since May 2009, analysts remain skeptical about the stability of the US housing market and the outlook for the remainder of 2010. With consumer confidence declining to record lows, skyrocketing foreclosure rates and the expiration of the federal homebuyer tax credit...
Tags: confidence, consumer, consumer confidence, credit, expiration, foreclosure, foreclosure rates, homebuyer, homebuyer tax credit, housing, lows, market, May, outlook, remainder, stability, tax, US, us housing market
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In line with expectations of economists, housing prices rose more than 4% in May 2010 over the previous year. Industry analysts warned that the rise in prices could be due to the residual effect of the federal first time homebuyer tax credit and strong seasonal trends, and that the outlook for the housing...
Tags: credit, economists, effect, homebuyer, housing, industry, industry analysts, line, May, outlook, previous year, residual effect, rise, seasonal trends, tax, tax credit, time, time homebuyer, year
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As homebuyer activity declined substantially from May to June 2010, US home price trends followed a similar pattern, with prices in three out of four property categories declining. Price declines were the result of reduced housing demand and the expiration of the federal homebuyer tax credits, leading...
Tags: activity, demand, expiration, home, home price trends, homebuyer, housing, June, May, pattern, price, price declines, property, property categories, result, tax, tax credits, US
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