tax credit

Tax Credit for Door and Window Replacement in Your Daphne or Mobile, Al Home!


The energy tax credit for homeowners, in place for two years, expired at the end of 2010, however a new energy tax credit took its place earlier this month that offers a credit for window and door replacement. Windows and doors are responsible for letting fresh air into your Daphne or Mobile, Alabama home, as … Continue reading Tax Credit for Door and Window Replacement in Your Daphne or Mobile, Al Home!

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Breaking Down the First Time Home Buyer Tax Credit


There is no doubt that the first time home buyer tax credit is a great thing but there are a few things to know before you assume that you qualify for the full $8,000.  The tax credit breaks down as follows:
Who qualifies? First time home buyers and people (or spouses) who have not owned a [...]

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You May Qualify For A Tax Credit If You Have Installed New Windows Or Other Energy Efficient Upgrades


On February 17th, 2009 President Barack Obama signed into law the American Recovery and Reinvestment Tax Act of 2009. It extends tax credits for certain energy efficient additions or replacements in existing homes only. Be aware that the maximum amount of homeowner credit for ALL improvements combined is $1,500, during 2009 and 2010. Following is [...]

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Mobile’s February Property Sales Report


February was a difficult month nationwide for housing, and Mobile County was not exempt. In the Springhill/ USA area, February saw 11 homes sold for an average of $175,695 ($112.22/sq ft). This is a 24% drop from January. Nineteen pending sales averaging $265,643 ($94.04/ sq ft) is a significant drop from January’s $300,738 average ($113.57/ sq … Continue reading Mobile’s February Property Sales Report

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Fairhope Home Sales Taking a Hit


Real estate sales in this very popular Southern city have been hit quite hard by the shaky economy. In January 2009, nine homes sold, compared with eleven in January 2008. The big difference is in the average sales price of $254,947 compared with $399,700 one year ago. That translates to $109.30 per square foot compared with $146.41 last … Continue reading Fairhope Home Sales Taking a Hit

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Active West Mobile/ Semmes Market!


The area encompassing West Mobile and Semmes saw the most activity within Mobile and Baldwin Counties in January 2009. With 30 homes sold and 79 contracts pending, this area is relatively fast-paced compared with surrounding communities. Sold prices averaged $204,331 or $94.01/ square foot and spent 106 days on the market. There were 475 homes … Continue reading Active West Mobile/ Semmes Market!

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United States Senate Approves $15,000 Tax Credit For Home Buyers


If you decide to purchase a home within the next year, you will be entitled to a $15,000 tax credit, thanks to an amendment written by Georgia’s Senator Johnny Isakson. This amendment to the economic stimulus bill will be available to any home buyer within a year of it’s enactment. Homebuyers will be entitled to claim a [...]

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