The KCM Blog

Tax Credit

There Is Still a Tax Credit Available!

November 18, 2010

As Veteran’s Day passed last week, I forgot to remind everyone to thank those who have served our country AND to remind everyone out there in the blogosphere that eligible Veterans are still able to take advantage of the Federal Tax Credits that expired for the rest of the population a few months back. Yes, [...]

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Why Are Interest Rates Going Down?

May 27, 2010

For months the alleged experts (including me) espoused the logic that after the Fed exited the Mortgage Backed Securities Purchase Program on March 31, interest rates would move up.  But here we sit, 60 days later, and rates are at their lowest point of the year.  What’s up with that? Let’s start with some general [...]

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No Tax Credit. How Will You Wind Up?

May 3, 2010

BUYER DEMAND The big question in the real estate industry today is what happens now that the Homebuyer Tax Credit has expired. There are many theories around this issue. Some believe that the tax credit (along with other government programs) has created a stabilization in the housing market both in the number of sales and [...]

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Tax Credit Still Available for Troops!

April 30, 2010

Thank God For Those Who Have Served! We all owe a debt of gratitude to the men and women who have served this country in times of peace and times of conflict.  They preserve the freedoms the rest of us too often take for granted.  As a nation, there are too few times we properly [...]

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Who Cares If I Miss Out On The Tax Credit?

April 16, 2010

Many people who are looking to buy a home now NEED the Tax Credit to close a gap in their finances.  But not everyone feels that way. As the days tick away, I have started to hear some buyers already begin rationalizing why they have not yet gone to contract.  They say things like, “$8,000 [...]

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The Fed’s Report Card in Real Estate

March 30, 2010

“Alas, all the Fed’s purchases and all the government’s men can’t put the residential real estate market together again.” – from a column by Caroline Baum in Business Week In yesterday’s blog, I covered the reasons the administration’s new modification program could make sense. Today, I want to look at the other side of the [...]

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