Hundreds attended the Think Pink and Green realtor event at Sienna
Plantation’s New Sienna Springs Resort Water Park. Attendees toured
nine model homes, ate delicious food, and listen and danced to a variety
of music. A drawing was held and $10,000 in prizes were awarded to
winners.
Although builder confidence in the market for newly built,
single-family homes declined for a second consecutive month in July to
its lowest level since April of 2009, according to the
National Association of Home
Builders/Wells Fargo Housing Market Index,
new homes are constantly being built in Houston and surrounding
areas despite sales rising and declining this year.
Please contact me, Anthony, at realestateanthony@juno.com,
if you or someone you know needs my real estate services.
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WASHINGTON –
The National Association of Home Builders (NAHB) says
members of the military, foreign service and intelligence communities
have until next year to buy a home and claim the home buyer tax credit,
which expires for most Americans
on April 30.
NAHB Chairman Bob Jones, a builder and developer in Bloomfield Hills,
Mich., said Congress recognizing that many service members missing out
on the home buyer tax credit due to being posted overseas is only
fitting for them to be given another year to take advantage of the
opportunity in appreciation of the sacrifices they have made serving the
country.
The law provides qualified service members who served on official
extended duty outside of the United States for 90 days or more at any
time between Jan. 1, 2009 to April 30, 2010, to have until
April 30, 2011 to sign a sales contract, and until
June 30, 2011, to settle and close on the home. Both the
$8,000 first-time and $6,500 repeat home buyer tax credits
are included in the rule.
Additionally, the rule requiring buyers to repay the credit if they move
out of their home within three years has also been waived for qualified
service members having to sell their home due to receiving government
orders for extended duty service.
