The Treasury Department rolled out new details of President Obama’s homeowner affordability and stability plan. Here are some of the eligibility restrictions covered: Loans must be from on or before January 1, 2009, and can be modified ONE TIME through December 31, 2012 First-lien loans on owner-occupied properties with unpaid principal balance up to $729,750 [...]
There are SO many ways real estate professionals can use Trulia to market their listings and services online – but there are (at least) five we think are a must! Trulia can help you not only more effectively market your clients’ properties online, but also generate new business as your current listings sell. We want [...]
President Obama just spoke before a crowd in Mesa, AZ, unveiling his $75B foreclosure crisis plan. Here’s a play-by-play of the speech: This is a “crisis unlike any we’ve ever known.” Families can’t afford to leave, but can’t afford to stay. 6 million homes in foreclosure or at risk of foreclosure across the US. Study [...]
from the New York Times As expected, President Obama today signed the $787 billion American Recovery and Reinvestment Act (aka “the stimulus”) into law. Here’s a recap of how the stimulus bill became a law, and what the final plan means for home buyers. First, the Senate and the House passed their own ideal economic recovery [...]
The House has passed the modified version of the stimulus bill, and like the initial version last month the vote split down party lines with no Republican support. Now that the Congressional record has been updated with the text of the new bill, we can take a closer look at the tax credit for home [...]
Earlier this week the Senate approved their version of the stimulus bill, including a $15,000 tax credit for all home buyers. Following negotiations between House and Senate members combining their bills into one piece of legislation for President Obama to sign, that tax credit has now been reduced to $8,000, according to the LA Times blog. [...]
Today the Senate approved an addendum to the Obama stimulus plan that really might make this a great time to buy. According to a press release about the addendum: The amount of the tax credit would be $15,000 or 10 percent of the purchase price, whichever is less. Purchases must be made within one year [...]
photo credit: kerryank We’re excited today to announce the new Trulia MLS Advisory Board! The board will work closely with Trulia to ensure that company offerings and policies continue to meet the unique marketing needs of MLS’s and their broker members. The Trulia MLS Advisory Board will also play a key role as an advocate [...]
Looking more closely at our 2008 traffic trends, we’ve found some pretty cool things. Something that’s really stood out to the team is the amount of traffic coming to Trulia.com from international IP addresses. People from more than 200 countries used Trulia in 2008 – pretty remarkable considering our focus on the US market. We [...]
Hard to believe that just three years ago we launched Trulia’s national real estate search. By the close of 2008, Trulia had become a top 5 real estate site (via Comscore) with more than 42 million unique users during the year – a 140% increase from 2007. We’re super proud of that growth but we [...]