From the monthly archives:

June 2010

Relief for those rushing to close before June 30th for tax credit

by Maureen Francis on June 16, 2010

in Metro Detroit,Taxes

Relief might be on the way for harried home buyers, mortgage officers and title companies who are rushing overtime to make sure they close  before June 30th so that their home purchases qualify for the $6,500 and $8,000 tax credits that were offered on purchase agreements signed by April 30th. Our market saw a frenzy of [...]

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Birmingham Bloomfield Real Estate Real Estate Market Performance AFTER the tax credit expired

by Maureen Francis on June 3, 2010

in Birmingham MI Real Estate

The tax credit that gave new home buyers and move up home buyers an opportunity to receive $8K or $6.5k, respectively certainly had a positive impact on the market, especially in the month of April, as buyers rushed to get in under the deadline.  Multiple offers were commonplace and anxious buyers often bid up homes [...]

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