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Local Address: January 10, 2010 - January 16, 2010

New tax forms released for claiming the home buyer credit

The IRS just released the new tax form needed by anyone who wants to claim a homebuyer tax credit on their 2009 return. Also, the IRS is telling taxpayers who claim the credit that they will have to send extra paperwork to the IRS to prove that they qualify, and that they must skip electronic filing this year, instead filing the old-fashioned paper return. And they may have to wait a few extra weeks for the IRS to send them any tax refund they may be due.

By Elizabeth Razzi  |  January 15, 2010; 3:34 PM ET  |  Permalink  |  Comments (0)
Categories:  Buying , Poll , Taxes , Weekend Poll  
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GAO releases new map of troubled mortgages

There's an interesting perspective on the foreclosure/delinquency crisis in a new report being released today by the Government Accountability Office. The map shows seriously delinquent nonprime loans, shown by congressional district. You can click through to get a larger version of the map the Web site of Congress' Joint Economic Committee, which requested the study.

By Sarah Halzack  |  January 13, 2010; 12:36 PM ET  |  Permalink  |  Comments (0)
Categories:  Foreclosure , Mortgages , Statistics , The economy  
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Realtors launch their own free iPhone app

The Realtors are taking their listings to the iPhone. Realtor.com, the Web site associated with the industry's main trade group, just unveiled its free iPhone app. I haven't tried it myself yet, but their online demo showed a couple of cool features--aside from access to about 4 million listings across the U.S., which they say are updated every 15 minutes. Like Zillow's iPhone app, and the Sawbuck mobile web site (designed to work with every smart phone that can access the web) the new app uses the phone's GPS function to peg searches to your actual location.

By Elizabeth Razzi  |  January 12, 2010; 4:53 PM ET  |  Permalink  |  Comments (2)
Categories:  Buying , Selling , The market  
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