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Developments

The Developments blog tracks the housing market, offering analysis, tips and insight for homeowners and home buyers.
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Senate Haggles Over Home-Buyer Tax Credit Extension

Oct 27, 2009
Prospects for a Senate deal to extend the homebuyer tax credit remain good. But details still need to be worked out, and worries about its cost and effectiveness are weighing on some lawmakers’ minds.

Will a New Logo Cheer Up America’s Home Builders?

Oct 22, 2009
The housing market remains in the dumps, but that hasn’t prevented the National Association of Home Builders from introducing a fresh logo as...

Tax Credit Abuse and the Four-Year-Old Home Buyer

Oct 22, 2009
The $8,000 first-time home buyer tax credit may have been used by tens of thousands of people who weren’t supposed to receive it, an Internal Revenue Service watchdog official told a Congressional hearing on Thursday. Russell George, who serve...

Lend America Faces Probe for Alleged Fraud on FHA Loans

Oct 21, 2009
Another mortgage lender that specializes in loans backed by the Federal Housing Administration is coming under...

Extend the Home Buyer Tax Credit? Not So Fast

Oct 20, 2009
The nation’s top housing official expressed doubt over the need to extend the $8,000 tax credit for first-time home buyers, and said that the Obama administration was reviewing...


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