Tax credit is over, what next? 

By Chris Harpster on July 28, 2010

I expect to see lagging home sale stats for the next month or two, mainly due to the expiration of the tax credit and lack of consumer confidence. Moving forward, I would expect a slow and steady recovery.

By Larry Schottenstein on July 16, 2010

I have a buyer making an offer on a home listed at $650,000 in Blacklick Ohio. It was built 10 years ago for $687,000. The listing agent hints from the beginning that we could probably negotiate a quick deal at $600,000.  Looking at comps and homes for sale the home is a good deal under [...]

By Larry Schottenstein on July 16, 2010

There are different ways home buyers approach home buying. 
Group #1. This group knows it all, they don’t trust agents and want to basically be left on their own.
Group #2. They start shopping around on line, go an open house or two and basically ends up with an agent by stumbling upon someone.
Group #3. The last group takes control of the [...]

By Michelle Hogan on July 1, 2010

The Senate approaved the Homebuyer Assistance and Improvement Act (H.R. 5623) giving home buyers who were under contract on a home purchased by April 30th until September 30th to close and claim the tax credit. Without this extension approximately 180,000 homebuyers who had signed purchase agreements would have missed the deadline.