jeff presby's (jeffpresby) Blog

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Real Estate Agent - Prudential Now Realty
RECENT BLOG POSTS
This is a good summary of the current $8000 tax credit that doesn't have to be repaid if you have not owned a home in the last 3 years. You would be wise to take advantage of this if you are eligible.    http://www.federalhousingtaxcredit.com/     Call me if you would like to take advantage of th...
03/20/2009
Does anyone know  what exactly will be done with the 2 billion dollars Hanford is getting?   Should we build houses for them?  Someone said the jobs will only be temporary and they will be renters.  Can anyone tell me what is going on?
03/11/2009
In February there were 127 new listings in Kennewick bringing the total number of homes on the market for sale to 513. The average list price of the homes closed in February was $170,829 and the average sale price of the homes closed was $167,237 In other words the homes that sold, sold for 97.8%...
03/11/2009
 In February there were 70 new listings in Richland bringing the total number of homes on the market for sale to 398. The average list price of the homes closed in February was $248,067 and the average sale price of the homes closed was $242,143. In other words the homes that sold, sold for 97.% ...
03/11/2009
Following enactment of the American Recovery & Reinvestment Act, the Internal Revenue Service already has posted - at  www.irs.gov - a revised Form 5405, First-Time Homebuyer Credit to incorporate Act's provisions permitting qualifying taxpayers who buy a home this year before December 1 can clai...
03/08/2009
The U.S. Department of Treasury expects to post full details of the Homeowner Affordability and Sustainability Plan President Obama unveiled last week to help 7 to 9 million homeowners restructure or refinance their mortgages to avoid foreclosure at its Web site  www.ustreas.gov  Call  or email ...
03/08/2009
 In January 2009 There were 119 new listings bringing the end of the month number of homes for sale in the MLS to 387. 31 homes went under contract, meaning a little over 8% sold. The average list price for new listings was $246,100 and the average under contract list price was $234,161. These nu...
02/03/2009
 Furing January 2009 ,  there were 484 homes for sale, 52 went under contract, that means that 10,74% of the homes for sale in Kennewick were  sold.  This means that we have an unsold inventory of  9.3  months this is considered to be a buyers market, Buyers are advised to be agrrisive and seller...
02/02/2009
In January 2009, 141 homes went under contract out of a total of 1394 that were listed in the MLS. That means 10.1% of the homes  got acceptable offers for the home sellers. This is substantially better than  November and December. There were 343 new listings in January. Call me if you need more ...
02/02/2009
The time is now to take advantage of the low interest rates on home loans. Rates of close to 5% for 30 year loans and as low as 4.25% for 15 year loans have occurred in the last 2 weeks. Coupled with dropping prices this creates an incredible opportunity for people who can ignore the negative new...
02/02/2009
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