home buyer tax credit
The latest reports on home sales and prices offer a complicated and conflicted picture. But when the data are taken together, one thing is clear: Weighing risk and reward, it's worth waiting a few months to see which way the real estate winds are really blowing.
Homebuilder Confidence Index Goes Nowhere in November
11:53AM 11/16/2010
Technically, the homebuilder sentiment index inched one point higher to 16 in November. But the gain was offset by a revised one-point dip in October's reading, and the numbers remain well below those seen during a healthy housing market.
September's Drop in Pending Home Sales Suggests Uneven Recovery
3:10PM 11/05/2010
Pending home sales in the U.S. unexpectedly fell 1.8% in September, the National Association of Realtors reported Friday. It was the statistic's first decline in three months, and one that suggests that the housing sector's recovery is likely to remain uneven through at least early 2011.
Home Prices Rose Better than Forecast 0.6% in July
10:38AM 9/28/2010
Home prices in 20 major U.S. cities rose a better than expected 0.6% in July compared to June, according to the S&P/Case-Shiller Home Price survey. However, year-over-year gains slowed, suggesting a slowdown in the nation's economic recovery.
July Pending Home Sales Increased as Closing Deadline Extended
11:20AM 9/02/2010
U.S. pending home sales unexpectedly rose 5.2% in July -- a rise that may be a sign of housing sector stabilization, or it may merely reflect an elongated impact of the home buyer tax credit, due to an extended closing deadline.
Follow the Money to Real Growth, Not Tax Breaks
1:22PM 8/31/2010
This week, David Cay Johnston published a thought experiment titled How Would You Invest $1 Billion Under the Current Tax System? Its premise is that if we use tax policy to boost demand, we can find more profitable ways to invest. It's a premise DailyFinance columnist and venture capitalist Peter Cohen rejects.
Home Prices Up in June: Is the Market Stabilizing?
11:00AM 8/31/2010
Home prices in 20 major U.S. cities rose a better-than-expected 1% in June from May, according to the Case-Shiller index. But the home buyer tax credit probably helped lift June's data, while home sales in July have tumbled.
Real Estate Remains Shaky With July's Weak Housing Starts Rise
11:30AM 8/17/2010
July housing starts inched up to 546,000, a lower-than-expected rate that's a gain on June only because the previous month's total was revised downwards. Housing starts are now 7% lower in the past year, despite the home buyer tax-credit program.
Homebuilder Confidence Falls to a 17-Month Low
11:32AM 8/16/2010
The U.S. housing sector took another hit this month as homebuilder sentiment unexpectedly fell to 13 in August from 14 in July. The measure has been drifting lower since the federal homebuyers tax credit expired this spring.
Beige Book: Fed Says U.S. Recovery Slowed in the Second Quarter
3:30PM 7/28/2010
The Federal Reserve's latest Beige Book data confirms what other recent economic reports have suggested: The U.S. economic recovery slowed somewhat in the second quarter, with some regions reporting stalled conditions.
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| Symbol | Last | Change / % | Volume |
|---|
Most Actives
| 8.07 | -0.11 -1.34% | 254.23M | |
| 2.19 | +0.25 +12.89% | 122.18M | |
| 18.88 | -0.26 -1.33% | 109.55M | |
| 12.44 | -0.25 -1.97% | 52.49M |
% Gainers
| 31.68 | +7.78 +32.55% | 18.42M | |
| 89.96 | +13.57 +17.76% | 13.27M | |
| 2.19 | +0.25 +12.89% | 122.18M | |
| 10.50 | +1.10 +11.70% | 3.07M |
% Losers
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