Sacramento Association of REALTORS® Web Log » First-time Homebuyer Tax Credit

Your August Message from C.A.R. President Steve Goddard

Daniel Allen — Tue, 17 Aug 2010 19:38:52 +0000

Steve Goddard - 2010 C.A.R. President

Dear C.A.R. Member,

Summer is coming to a close and with it brings the expiration of one of California’s tax credits. As of this writing, California’s first-time home buyer tax credit expired effective midnight, August 15. That announcement came after the Franchise Tax Board (FTB) realized [...]

California’s Tax Credit Monies May Go Fast

Stella Ling — Fri, 16 Apr 2010 15:44:45 +0000

The $100 million allocated for California’s first-time homebuyer tax credits may be depleted in about 10 to 20 days or sooner, according to C.A.R.’s Economics team. California’s Franchise Tax Board (FTB) plans to begin accepting applications on May 1, 2010 for tax credits up to $10,000 for first-time homebuyers and for homes that have never [...]

2009 NAR Public Policy Accomplishments

Caylyn Brown — Tue, 08 Dec 2009 17:35:52 +0000

For 2009, NAR’s primary public policy goal was to focus on efforts that stimulate, stabilize and strengthen real estate markets across the nation while also protecting the business interests of members. As we near the end of 2009, NAR has made significant progress on both the legislative and regulatory fronts. The successes highlighted below [...]

November 2009 Message from C.A.R. President James Liptak

James Liptak — Tue, 10 Nov 2009 17:52:57 +0000

Dear C.A.R. Member:

The past few weeks have been very favorable for home buyers, our profession, and the real estate industry. President Obama on Friday signed a bill extending and expanding the federal tax credit for home buyers through April 30, 2010, and on Oct. 30 signed a resolution extending the current limits for [...]

Tax Credit Expanded!

Caylyn Brown — Fri, 06 Nov 2009 00:51:19 +0000

More good news for consumers, our members, and the housing market recovery. Following the Senate’s favorable vote yesterday, the U.S. House of Representatives just voted 403 to 12 to extend the home buyer tax credit, expanding the parameters to include existing homeowners and not just first-time buyers. As you may know, C.A.R. and our [...]

Your Membership, Your Way

James Liptak — Wed, 28 Oct 2009 17:31:18 +0000

SAVING YOU TIME

It’s easy to share C.A.R. videos. C.A.R. videos are now available for you to download. Liven up your Web site or blog content with the latest industry insights covered in C.A.R. videos. Our videos feature everything from REALTOR® tips to housing market updates. Click [...]

NAR Update – Tax Credit Extension/Expansion Gains Momentum

Charles McMillan — Wed, 21 Oct 2009 16:25:52 +0000

To: All REALTORS® From: Charles McMillan, 2009 NAR President Re: Tax Credit Extension/Expansion Gains Momentum

Dear Fellow REALTOR®,

With Congress moving quickly on a number of key issues, I wanted share some important news that you won’t read in the newspapers.

In my latest podcast, I explain why momentum is building – both in [...]

October 2009 Message from C.A.R. President James Liptak

James Liptak — Tue, 20 Oct 2009 16:02:50 +0000

Dear C.A.R. Member:

2009 has been a thought-provoking year for the real estate industry in California, both for REALTORS® and for our clients. In many instances, it has been a year without precedent. Like most of you, I’ve wondered what 2010 will bring. Many of my questions and concerns were addressed at the opening [...]

Washington Report: $8,000 Home Buyer Tax Credit

Kenneth Harney — Wed, 14 Oct 2009 17:39:27 +0000

Quick passage by the House last week of a bill extending the $8,000 home buyer tax credit next year for military, diplomatic and intelligence personnel serving overseas increases the odds that Congress will agree to an extension, maybe even an expansion, of the entire credit program well into 2010.

The White House is also [...]

Congress Urged to Extend Tax Credit

Caylyn Brown — Mon, 21 Sep 2009 16:34:11 +0000

The National Association of REALTORS® is calling upon its 1.2 million members to urge Congress to extend the successful homebuyer tax credit into next year.

Since its inception earlier this year, the $8,000 first-time homebuyer tax credit has brought 1.2 million new buyers into the market—350,000 of whom would not have purchased a home [...]