Archive for the State Economics Category

  • 2010 California Tax Credit is About to End

    The 2010 California Tax Credit for the purchase of a new home is coming to an end. As of September 14, 2010, a total of 15,740 requests for a tax credit application or tax credit reservation had been received by the Franchise Tax Board (FTB). These

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  • The 2010 CA Tax Credit is Still Available!

    There is good news for the purchasers of newly constructed homes in California, the 2010 Tax Credit is still available! As of July 27th, the Franchise Tax Board (FTB) has received 10,810 applications for a tax credit or the reservation of a tax cred

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  • 2010 California Tax Credit for Home Buyers

    The Franchise Tax Board (FTB) has announced that the 2010 California Tax Credit for First Time Home Buyers ... "(a)s shown in the numbers below, (has) received First-Time Buyer applications totaling more than $100 million. However, since many of

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  • 2010 California Tax Credit a Big Hit

    The 2010 California Tax Credit for First Time Home Buyers is proving to be a big success ... and a big hassle for the people trying to manage the applications. As of June 15th, the Franchise Tax Board reports they have received 15,220 applications

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  • SoCal Home Prices Continue to Climb!

    Driven in part by a slow down in the foreclosure sales numbers, a focus on coastal properties being sold and the impact of the Federal Tax Credit for Housing coming to an end, the Southern California median home sale price for May of 2010 rose 22.5%,

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