U.S. Real Estate Recovery

admin — Mon, 22 Mar 2010 16:33:14 +0000

I came across this map of the U.S. Real Estate Recovery. It breaks down the Metro areas and gives an estimate on when property prices will recover to what they were at the peak of the real estate bubble. I thought you would find this interesting.

Looks like we’re in the lead for the Real Estate Recovery! Check out the report below.

February Sales Statistics

admin — Mon, 22 Mar 2010 16:22:52 +0000

Here are the sale stats for resales in King County.

King SFR by Zip-Neighborhood

Lakemont

admin — Fri, 12 Mar 2010 21:01:33 +0000

Finding the Right Contractor

admin — Sun, 07 Mar 2010 00:09:57 +0000

How to Get the Extended Home Buyer Tax Credit

admin — Sat, 06 Mar 2010 22:52:14 +0000

You’ve decided to purchase a home and take advantage of the Extended Home Buyer Tax Credit. Here’s what you have to do to get your benefit:

Close on your home purchase between November 7, 2009 and April 30, 2010, or have a binding written contract by April 30, 2010 and close by July 1, 2010.
Decide whether to:
- apply the credit to your 2009 tax return, filed on or before April 15, 2010;
- file an amended 2009 return; or,
- apply the credit on your 2010 return, filed on or before April 15, 2011.
Attach documentation of purchase to your return.

Documentation of Purchase

Details concerning the precise documents required to confirm your purchase have not yet been released. When this information becomes available, we will include instructions and links to the appropriate forms.

When to Apply the Credit

Buyers purchasing homes on or before December 31, 2009 may claim the credit on their 2009 tax returns.

Buyers purchasing in 2010 will have the option to:

Claim the credit on their 2009 return, even if the purchase is completed after December 31, 2009;
File an amended return for 2009 if their purchase is completed after April 15, 2010; or,
Claim the credit on their 2010 tax returns.