Real Estate

How is your town doing? Is there tons of empty commercial real estate? Is this the end of the urban sprawl? Many are losing millions from lost rentals. If the large corporations are having a hard time staying in business how is the little guy going to make it? If debt is money and there is no credit, there is no money! Please add a video of your town of commercial or residential. You pray & the churches prey! March 13, 2009

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Hello and welcome to This Month in Real Estate. Im Jay Papasan.

The First Time Homebuyer Tax Credit has been extended and expanded, and the details can be found in our most recent special edition.

For December, we take a look at the results the incentive had on stimulating home sales since 2008.

According to the IRS, about 1.4 million people have taken advantage of the first time homebuyer tax credit.

Not surprisingly, California ranks number one with the number of people filing a claim for the tax credit, while Alaska and Wyoming are among the states with the fewest number of claims.

But those numbers dont tell the whole story. For more, we go to Bryon Ellington. Bryon?
Bryon: Thanks, Jay.

According to the Internal Revenue Service, every state in the Union has participated in the First Time Home Buyer Tax Credit.

If we look at the results according to the total number of claims, heres how the rankings shake out:

California is number one with more than 160 thousand tax payers taking advantage of the first time home buyer tax credit.

Texas is number two with over 131 thousand.

And Florida is number three with over 105 thousand.

But when we look at the data in terms of per capita claims, or the percentage of folks in each state who took advantage of the tax credit, we get radically different results.

Heres a look at the top three in terms of per capita participation in the tax credit

Nevada is in the number one position with more than 20 thousand claims out of a population of 2.6 million.

Utah is in the number two position with over 17 thousand claims out of a population of 2.7 million.

And Arizona is in the third position with over 38 thousand claims out of a population of 6.5 million.

Whats more, we find Alaska moving from near the bottom of the rankings to number 26 above California! And Wyoming, the least populated state in the U.S., moves to number 16. Thats just a bit behind Texas in terms of per capita tax payer participation.

Back to you, Jay

Jay: Thanks, Bryon. Thats it for This Month in Real Estate. Thank you for joining us.

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Each month, This Month in Real Estate provides expert opinion and analysis on real estate trends across the nation. The aim of the consumer-oriented segments is to help agents combat the “doom and gloom” messages of the national print and television media with real information on real estate.

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This video aired during the evening news broadcast. Used with permission. http://www.ElliottForRealEstate.com

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A local businessman has been named the No. 1 real estate agent in the country.

http://www.kmbc.com/news/19672550/detail.html

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PRICE: $3,900,000 CONTACT: Deb McLean Office: 480.391.7100 Cell: 480.205.5979 Fax: 480.391.7164 Email: deb@scottsdalefineproperties.com

This tropical, fully furnished custom home is designed with the Scottsdale climate truly in mind. 10,000 sq ft plus of luxurious living. Open and airy, this home brings the outdoors in, from the slate walkways and patios to the pool lapping at your feet in the outdoor living room. Exotic, lush vegetation makes you feel like you are on a tropical island. A kitchen to satisfy even Emeril himself, complete with professional appliances. Custom wine cellar, butlers kitchen and pantry, dining room with bar access, a master suite unrivaled and much more! Steam shower in both master and exercise rooms.

Showcasing luxury homes in Arizona. HGTV Luxury Home Video Tours. Luxury Real Estate, Castles, and Mansions for Sale. Real estate in the news and on TV.

http://www.TheLuxuryBrokers.com All Rights Reserved. Information Deemed Reliable But Not Guaranteed.

Neither The Luxury Brokers, LLC. nor the service providers for The Luxury Brokers, LLC. are liable for any errors or inaccuracies in the information provided through this website. © 2008 The Luxury Brokers, LLC.

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This could be a great time for buyers to get good deals on homes. Nicole Purcell has more

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some parts of the country, housing prices are falling at double-digit rates. A bad situation for homeowners, but a possible opportunity for investors. Money reporter Stacy Johnson explores what’s next, and who might benefit…

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Brad Malow & Becki Danchik have qualified as a Certified TopAgents with www.TopAgentGuide.com, NYC’s first independent guide to top-rated real estate agents.

For a full profile of Brad Malow & Becki Danchik, including reviews and contact information, visit www.TopAgentGuide.com/agents/Brad_Malow__Becki_Danchik.html

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