The first-time home buyer tax credit may be showing more signs of helping real estate sales recover. Sales of new one-family houses in July 2009 were at a seasonally adjusted annual rate of 433,000, according to estimates released jointly by the United States Census Bureau and the Department of Housing and Urban Development. This is 9.6 percent above the revised June rate of 395,000, but is 13.4 percent below the July 2008 estimate of 500,000.

The median sales price of new houses sold in July 2009 was $210,100; the average sales price was $269,200. The seasonally adjusted estimate of new houses for sale at the end of July was 271,000 representing a 7.5 months supply at the current sales rate.

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Congress Considering $8,000 Home Buyer Tax Credit Extension
August 17, 2009

H.R. 2801 Home Ownership Moves the Economy (HOME) Act of 2009 aims to extend the $8,000 first time home buyer tax credit.

Mortgage Rates Continue to Drop for Week Ending November 19
November 19, 2009
The past week's mortgage rates, monitored by Freddie Mac’s Primary Mortgage Market Survey, for 30 year fixed rate mortgages average 4.83 percent for the week ending November 19.
Top Safest Cars and SUVs for 2010
November 19, 2009
Nineteen cars and eight SUVs earn the Insurance Institute for Highway Safety's TOP SAFETY PICK award for 2010.
Mortgage Delinquencies Hit Record High in Third Quarter 2009
November 18, 2009
The report pulls data from approximately 27 million anonymous, randomly sampled, individual credit files, representing approximately 10 percent of credit-active U.S. consumers.
NCUA Closed Ensign Federal Credit Union on November 13th
November 16, 2009
The National Credit Union Administration (NCUA) closed Ensign Federal Credit Union of Henderson, Nevada, on November 13, 2009.
Are Gift Cards a Good Idea For The Holidays?
November 16, 2009
When you are working on that gift giving list for the holidays, a gift card might be an option for the relative that is difficult to buy something special for - but are gift cards a good idea?
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