NEW YORK (Reuters) – Homebuyers in much of the United States paid thousands of dollars below asking prices in January, and gained negotiating power for a second straight month, real estate website Zillow.com said on Wednesday.  According to Zillow Real Estate Market Reports for January, buyers paid 2.8 percent less, or a median of $5,823 [...]

Homeowners who want to take advantage of a new home tax credit worth up to $6,500 when they buy a new place have until April 30, 2010, to get a deal under way. Is it time for you to get moving?  Before you decide, see if you can answer “yes” to these four questions.
Are you [...]

New-home buyers responded to the tough times in 2009 by opting for smaller houses, driving down the average size of a house built in the U.S. for the first time in 27 years.
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I have to say I was a bit surprised at the crafting of HUD Secretary Shaun Donovan’s statement before the Senate Banking Committee today, specifically with regards to the first time home buyer tax credit. Donovan followed testimony from Sen. Johnny Isakson (R-GA), who is pushing for not only and extension of the credit through [...]