Thursday, October 29, 2009

$6500 Tax Credit

This is even better than the 1st $8k.  Now 2nd time buyers can reap the benefits of a tax credit.  Your thoughts?


http://www.msnbc.msn.com/id/33522046/ns/business-real_estate

Tuesday, October 27, 2009

Foreclosure.com College Scholarship Program

OK Builders, Realtors and everyone else in the biz.   Do you know of anyone who can use this money?  Forward this today!



Foreclosure.com Scholarship Program
Often, scholarship opportunities also serve as opportunities for students to think about and respond to pressing issues of the day, and one of the problems weighing most heavily on society in the last year has been the global economic crisis. While the recession has begun showing signs of abating, it is still creating serious problems in several areas of life, ranging from paying for school to owning a home. Homeowners have been facing threats of foreclosure due to a combination of factors related to the recession, and this problem could still get worse before it gets better. The real estate website Foreclosure.com is sponsoring a scholarship essay contest that invites college students to propose solutions to the ongoing spike in foreclosures, by writing an essay that best explains "how to solve the foreclosure crisis."

Prize

Top prize: $5,000. Four runners-up: $1,000

Eligibility

Students who are currently enrolled in or have been accepted to an accredited college, university, law school or trade school in the United States. U.S. citizenship is required.

Deadline

December 31, 2009

Required Material:

A completed online scholarship application, along with an essay of 1,000 to 2,500 words addressing the essay topic. Scholarship applications will be judged on writing ability, creativity, originality, and overall excellence.


http://www.foreclosure.com/education/scholarship/index.html



New Home Sales News

I just read an optimistic article in Builder magazine about realtor's perspective on the housing rebound.  Northern VA saw growth in housing sales up 4.3% in the 3Q 08 and 09. 

VA agents:  are you seeing a difference?