Leonardo Montenegro's (leonardo) Blog

The U.S. Senate this afternoon approved an unemployment bill containing the Dodd-Lieberman-Isakson amendment, which extends and expands the federal tax credit for first-time buyers.The tax credit will be extended through April 30, 2010, with a 60-day extension if a binding contract is in place pr...

If your current home no longer suits your lifestyle, there are two reasons why this may be a great time to make a move. • Mortgage rates are still historically low • It's a buyers' market in most areas Don't let concerns about selling your current home for less than you could have in a previous y...

On Friday another indication of the current house market came up. For the 3rd straight month pointing to what some analysts say it is a sign of the so called recovery.   In July an index of 20 cities shows an increase in prices for 1.4% Even though if compared to a year ago ( from July 2008 to Ju...

July has been another record setting month for sales of existing homes. Up from 5% July 2008 to 7.2% in 2009. According to NAR (National Association of Realtors) this has been the highest one month gain on record for sale of existing homes. NAR Chief’s economist said ” “The housing market has dec...

The U.S. Federal Reserve said Monday it will extend to mid-2010 an emergency program aimed at boosting lending in the ailing commercial real estate market. This is an important move for the Commercial Real Estate sector of our economy. This extension is until June 30 2010. Like on the Real Estate...