The Conference Board Consumer Confidence Index®, which had improved in August, dipped in September. The Index now stands at 53.1 (1985=100), down from 54.5 in August. The Present Situation Index decreased to 22.7 from 25.4. The Expectations Index declined to 73.3 from 73.8 last month. The Consumer Confidence Survey® is based on a representative sample [...]
Government’s tax credit for new homebuyers to end November 30 From tax credits to historically low mortgage rates to attractive home prices, first-time homebuyers are actively looking to get a piece of the American Dream. Fifth Third Mortgage Company, a subsidiary of Fifth Third Bank and the 18th largest provider of mortgage financing in the [...]
President Bill Clinton announced the launch of the Global Impacting Investing Network (GIIN), a non-profit organization dedicated to promoting more effective impact investing around the world, at the Clinton Global Initiative in New York City. Impact investing is the use of for-profit investment to address social and environmental problems. The GIIN will promote the infrastructure, [...]
If you hope to take advantage of the $8,000 federal tax credit for first time home buyers, you need to close on your new home by Nov. 30, 2009. We at the Santa Clara County Association of REALTORS advise planning ahead to avoid the disappointment of disqualification. “The nationwide popularity of this stimulus tax credit [...]