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With the expiration of the first-time home buyer $8,000 tax credit set to expire in less than a month, the U.S. House of Representatives voted 403-12 yesterday to extend and expand the tax credit to include many buyers who already own homes.

The U.S. Senate approved the measure Wednesday, and the White House said the President would sign the bill today.

Buyers who have owned their current homes at least five years would be eligible for tax credits of up to $6,500. First-time home buyers, defin… Continue

Apparently home buyers who have larger down payments for purchasing a home are paying higher interest rates.

Read The New York Times Article

Massachusetts home sales fell every month in 2009. The decline ended in July.

Massachusetts home sales jumped nearly 12 percent in July 2009 compared to July 2008, and the decline in median home prices shrunk, The Warren Group, a publisher of real estate data, reported August 25, 2009.

Single-family home sales jumped 11.8 percent to 4,977 from 4,453 in July 2008. It was the first increase in monthly home sales on a year-over-year basis in 2009. Year-to-date single-family home sales have declin… Continue

A Yale graduate student has built a 144-square-foot home on wheels to live in while she pursues her Master's Degree at the Yale School of Forestry & Environmental Studies.

The home presently is parked at the home of "a benevolent New Haven citizen."

"The 8.5-foot-by-18.5-foot house includes a sleeping loft, kitchenette, and combined living area and study. (That same benevolent citizen lets her use a bathroom in the main house, though Turnbull might one day add a composting toilet.)," The B… Continue

Existing-home sales, including single-family, townhomes, condominiums and co-ops, declined 3 percent to a seasonally adjusted annual rate of 4.57 million units in March from a downwardly revised level of 4.71 million in February, and were 7.1 percent lower than the 4.92 million-unit pace in March 2008.

Although prices rose from February to March, the national median existing-home price for all housing types was $175,200, down 12.4 percent from March 2008. The price increase from February to Mar… Continue