First Time Homebuyer Tax Credit Can Be Used for Closing Costs

Back in April I blogged about the First Time Home Buyer tax credit. Well in the last couple of weeks there has been a change for the better with respect to the tax credit. FHA- approved lenders can now create what is called a bridge loan type product which would allow the a qualifying first […]

PENDING HOME SALES RISE 6.7 PERCENT IN APRIL

The National Association of Realtors reported Tuesday its index of sales contracts signed jumped 6.7 percent, far exceeding analysis’ forecasts. It was the biggest monthly gain since October 2001. See the article here. Our numbers certainly reflect what the National Association of Realtors have reported. Elfant Wissahickon agents have been busy for the last few […]