The housing-market boil is likely to shift to a simmer

This spring’s homebuying season could be the strongest since the boom of 2006. With millennial buyers chasing properties, low interest rates, a receding COVID-19 health crisis and the expectation of more homes on the market, housing economists are predicting that home sales and mortgage volumes will surge this spring and run hot through the summer. […]

Lawmakers introduce bill to give first-time homebuyers $15,000 tax credit

Two West Coast legislators have introduced a new bill providing a refundable tax credit of up to $15,000 for first-time homebuyers, potentially fulfilling one of President Joe Biden’s campaign promises. Rep. Earl Blumenauer, D-Ore., and Rep. Jimmy Panetta, D-Calif., introduced the “First-Time Homebuyer Act,” which creates a tax credit worth up to 10% of the […]