tax credits

West lags nationwide sales uptick

Two national real estate stories caught my eye this morning. The first is from Realty Times and the second from RIS Media. Both tout the nationwide rise in October sales, which mirrors the strong October sales numbers for Teton County reported here last week. Both also make sure to give most of the credit to the $8,000 first-time homebuyer’s tax credit originally set to expire Nov. 30. The credit has...

Interest rates remain near record lows

Freddie Mac reported on Thursday that 30-year fixed interest rates for mortgages remain below 5 percent (4.91). This is good news for buyers, of course, potentially saving them thousands in lower monthly payments over the course of the loan. This article in Realty Times has the comprehensive quote: "Interest rate on 30-year fixed-rate mortgage loans fell for the third consecutive week to the lowest...

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