U.S. MONTHLY HOUSE PRICE INDEX ESTIMATES 0.7 PERCENT PRICE INCREASE FROM JANUARY TO FEBRUARY

WASHINGTON, DC – U.S. home prices rose 0.7 percent on a seasonally-adjusted basis
from January to February, according to the Federal Housing Finance Agency’s monthly
House Price Index.

Report: U.S. housing market undervalued

All eyes will be on Florida and other markets that saw the biggest housing bust for signs of stability and growth

Housing Data Could Signal If Bust Is Over

Home sales will likely hit a bottom first -- and may have already done so. Data on existing home sales in March is scheduled to come out Thursday and new home sales on Friday.

Pockets of strength push US housing market rebound

(Reuters) - The tide is turning in some parts of the long suffering U.S. housing market, with several regions, such as hard hit California, showing signs of life.

Housing tax credits clear Georgia Senate

Under the legislation, which originated in the House, home purchasers would receive income-tax credits of up to $3,600, or $1,200 for each of three years. To qualify, homeowners would have to apply for the credit within six months of the date the governor signs the measure.

Could the Housing Market Be at a Bottom?

The adjustment down for home sales has been nothing short of unbelievable but has it been enough? Just maybe.

Georgia House passes housing tax credit

Georgians who buy a single-family home would get a three-year tax credit under legislation that sailed through the House on Thursday. Lawmakers voted 162-4 to allow home purchasers to receive income-tax credits of up to $3,600, up to $1,200 for each of three years. To qualify, homeowners would have to apply for the credit within six months of the date the governor signs the bill.

Low Mortgage Rates Could Spur Housing Rebound

The average 30-year fixed mortgage cost 5.03%, down from 5.15% a week ago and 6.13% a year ago.

Housing Market Showing Some Positives

There's finally a glimmer of hope in the Las Vegas real estate market. Home sales were up sharply last month.

Big home builders buying lots, getting ready to build

After a housing collapse that has virtually halted new home construction, national builders are looking for and buying lots at fire-sale prices, a signal that they are out of new home inventory and plan to start building again.

New Tax Credit Entices Home Buyers

Boise, Idaho -- More and more people are buying homes and a recent change by the federal government is the reason, making home buying more attractive to people who may otherwise wait out the current economic crisis.

New homes shrink to fit budgets

Builders find smaller floor plans, less pricey options in demand as buyers become more value-conscious.

Stimulus offers hope for home sales slump - First-time buyers offered $8,000 tax credit

The home must be a primary residence purchased between Jan. 1 and Dec. 1, 2009, and the adjusted gross income must not exceed $75,000 for single taxpayers or $150,000 for married couples. Someone who has not purchased a primary residence in the three years prior to the purchase of the new home in 2009 is eligible for the credit.

Housing shortage may cause home values to rise by 2011

"... now is an ideal time to buy, but those thinking of selling should wait for the housing shortage."

US GOVTS: Treasury To Move 'Quickly' On Housing Plan

The Department of Housing and Urban Development today allocated nearly 75% ($10.1 bln) of its funding provided by the stimulus plan approved by Congress earlier this month.

Builders Launch Tax Credit Web Site

The National Association of Home Builders (NAHB) has launched a newly-designed web site that provides detailed information about the $8,000 tax credit for first-time home buyers

Supply and Demand: Housing Sales Increase in California and Florida

According to the Sacramento Association of Realtors, homes sales in 2008 (20,587) almost doubled compared to the previous year

Experts: Now's the time to buy a home

Tax incentives and the raging buyer’s market have made this the perfect time to buy a new house

Positive Signs Emerge in Housing Market

Several reports of late indicate that we may be nearing the bottom of the housing downturn.

Home builders optimistic for '09

Despite a sluggish economy, local building contractors say this is a great time to build your dream home or remodel the one you own because materials, labor and lumber costs are low.