Friday, April 8, 2011

6 real estate headlines: 08-April

A daily dose of headlines for real estate agents, mortgage lenders, homebuyers and home sellers.

5 things to know about buying a vacation home
CNN Money
: Home prices continue to fall and there are some great deals for buyers looking for a vacation home. Here are five things to know before taking the leap.
It pays to own a multi-family home
Market Watch
: House prices are still tanking in many parts of the country, mortgage rates are inching up, and job growth is subpar. So what are some homebuyers doing? They're buying even more home.
Original first-time homebuyer tax credit now headache for IRS
Washington Post
: If you took advantage of the $7,500 first-time home-buyer credit two years ago, you had better remember to include your first repayment of that loan on your 2010 tax return, which is due April 18.
Are home price declines easing?
Wall Street Journal
: If price declines are moderating, it's likely because the share of distressed sales is falling and not because of a firming up of demand (mortgage applications remain mired at weak levels).
'Fantastic' mortgage rates expected through spring
: If you can qualify for mortgage financing, mortgage rates are expected to remain "fantastic" through the spring. The "bad" news: They're not expected to remain at unprecedented levels.
Where your living room can be the 19th hole
: A list of golfer's dream homes, (some for sale), across the country where the owners are a few feet from the fairway and a golf membership is a standard home amenity.

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