Archive for the ‘Hawaii Homes For Sale Newsletter’ Category
We’ve approached this section a little differently. We realized that in order to make the point clearly – that Hawaii is a bright spot in a troubled global job market – we needed to stray a bit from our normal light-hearted style.
We’ve included graphs, tables and a whole lot of statistics, all telling you that if you’ve been holding off moving to Hawaii because of the job search, a closer look will offer some very good news that might just change your mind.
Throughout the Great Recession – the term dubbed by mainstream media for this recent economic downturn – Hawaii’s seasonally adjusted unemployment levels have consistently hovered around 70 percent of the nation’s average.
Hawaii’s job market also appears to be recovering at a faster rate than the country as a whole. Recent data show that, while the job market seems to be improving throughout the country, that rate has been turbo-charged here in Hawaii.
Since we’ve grabbed your attention, check out Jobs in Hawaii for more of the good stuff. And remember – more updates are always just around the corner!
Take The First Step Toward Your Dreams Today!
The National Association of Realtors (NAR) expands on the Extended Home Buyer Tax Credit:
To qualify for benefits, home buyers must have entered into a purchase contract by April 30, 2010. Once this provision is met, home buyers have until June 30, 2010 to close the deal.
Expanded sphere of benefits
While those making a first time home purchase still qualify for the $8,000, repeat home buyers are now eligible to claim a $6,500 tax credit on home purchases up to $800,000. This affects an enormous range of individual circumstances, including those of you looking to upgrade, downsize, relocate for any reason or simply make a smart investment. Additionally, the tax credit is redeemable for the construction of a new home.
Relaxed income requirements
To qualify for the full amount, individuals must make no more than $125,000 annually, couples up to $225,000 combined. Individuals and couples who make up to $20,000 over the limits will still qualify for partial benefits measured on a progressively declining scale. These numbers nearly double that of last year’s First Time Home Buyer Tax Credit and affect all eligible home purchases between November 7, 2009 and the April 30, 2010 deadline.
Your REALTOR® can help you take advantage of the Extended Home Buyer Tax Credit.
Real estate is one of the smartest long-term investments you can make.
What are you waiting for?
For further information regarding the Extended Home Buyer Tax Credit, we recommend: