HUD Secretary Donovan woke up this morning and got himself a gun……

close up … and he plans to use it to take out the US Housing Market!

I know, very dramatic.  Maybe even a little uncalled for.  On the other hand, there is really no other way to describe how potentially dangerous the policy changes that  HUD Secretary Donovan is proposing this week.  What are those changes? Continue reading

Inspector’s Corner – Fall Maintenance Tip 6 of 6 – Warm Coats are Good for Your House Too!

Happy Friday Readers!  Here we go, this is the last in a Series of 6 Fall Maintenance Tips from Matt Steger at WIN Home Inspection.  Don’t worry though, Matt will be back next week with more helpful tips and advice.  This week’s tip deals with the not so glamorous, but ever so important, issue of proper insulation.  The easiest way to lower your heating (and cooling) costs is to have the right amount of properly installed insulation.  Don’t know what that is or how to figure it out? 

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The numbers are in and they’re…… not that bad!

I know, I know, not the most inspiring title but seriously, when we look at market statistics in today’s ecnomy not that bad is pretty darn good!  Read on to find out more!
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It’s Back! PHFA Allows Buyers to use the First Time/Repeat Buyer Tax Credit to Close!

It’s official!  Today, Pennsylvania Housing Finance Agency (PHFA) announced that it has allocated funding in the amount of $5,000,000 for the continuation of their Tax Credit Advance (TCA) program!   This is a limited time offer, so take note, once they run out of money it will be too late, so you need to move now if you want to take advantage of it!  Read further for details!
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A Whole New World – Why the New and Expanded Tax Credit May Save the US Economy!

This past Friday, President Obama signed into law H.R. 3548.  This bill, at it’s heart a bill to extend unemployment worldbenefits {which, by the way, is being completely overlooked as the critical step it was to help the unemployed workers in this country, but that’s a topic for another day (see, I’m overlooking it too!)} contained a roundly supported amendment to Extend and Expand the First Time Home Buyer Tax Credit that was set to expire this month.  Unless you were hiding under a rock, by now you’ve no doubt heard countless talking heads telling you that this bill will either (A) Save the US Economy or (B) Lead the US Economy into a head on Collision with the ever growing Mountain of National Debt.

Well, if you were looking for someone to support Choice (B), you should probably look elsewhere.  But if you were looking for someone to explain just why this bill is critical to the recovery of the nation’s housing market and just may save our entire economy, then keep on reading! Continue reading

Home Buyer Tax Credit Passes House 403-12!

Success!!!!With a quick and resounding “Yes” vote, the House today passed HR3548, extending and expanding the Home Buyer Tax Credit!  All we need now is for President Obama to sign the bill into law! Continue reading