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Green Building Tax Credit would help create jobs, lower energy costs and protect clean...
WASHINGTON, DC - April 16, 2010 - (RealEstateRama) -- In order to create jobs, spur construction and protect clean air, U.S. Senator Robert Menendez (D-NJ), a member of the Finance Committee, today introduced legislation to provide tax incentives for the construction of green buildings.
REALTORS® Statewide Take Part in Nationwide Open House Weekend
Edison, NJ - March 30, 2010 - (RealEstateRama) -- The spring home buying season is in full swing and so is spring cleaning as REALTORS® across the state prepare to showcase their inventory to prospective buyers during a nationwide Open House Weekend on April 10 and 11, 2010.
Extension Of Property Tax Relief Provision Originally Authored By Menendez Passes Senate
WASHINGTON, DC - March 15, 2010 - (RealEstateRama) -- The U.S. Senate extended a property tax relief law originally authored by U.S. Senator Robert Menendez (D-NJ).
DeCroce And Bramnick Praise Christie’s Choice Of Sen. Karrow To Lead Coah Task Force
Trenton, NJ - February 9, 2010 - (RealEstateRama) -- Assembly Republican Leader Alex DeCroce and Conference Leader Jon Bramnick both lauded Gov. Christie’s choice of former state Sen. Marcia Karrow to chair the newly formed Housing Opportunity Task Force that will study issues surrounding the Council on Affordable Housing (COAH) and its third round rules.
New Jersey HMFA Extends it First-Time Homebuyers “Prefund” Program
TRENTON, N.J. - February 9, 2010 - (RealEstateRama) -- For first-time homebuyers thinking of buying their first home in New Jersey, the combined incentive and mortgage programs from the New Jersey Housing and Mortgage Finance Agency (NJHMFA) and the federal government have never been better.
Former Jersey City Housing Department Employee Indicted for Allegedly Accepting $50,000 in Corrupt Payments
NEWARK, NJ - January 12, 2010 - (RealEstateRama) -- A former Jersey City Housing Department employee was indicted today on charges in connection with his acceptance of $50,000 in corrupt cash payments in exchange for his official influence and assistance on real estate development matters in Jersey City, U.S. Attorney Paul J. Fishman announced.
Property Tax Relief Funding Restored League Salutes Governor Corzine
Trenton, NJ - December 22, 2009 - (RealEstateRama) -- The League of Municipalities welcomes the news that Governor Corzine has balanced the budget, without resorting to cuts in crucial municipal property tax relief funding.
2009 Survey Shows First-Time Buyers Active in Market
Edison, NJ - December 21, 2009 - (RealEstateRama) -- According to the 2009 Profile of New Jersey Home Buyers and Sellers, first-time buyers account for a larger portion of the housing market than in previous years, largely due to the impact of the federal home buyer tax credit.
Weichert Sees Expanded Tax Credit As a Final Step to a Healthy Market
MORRIS PLAINS, N.J. - November 10, 2009 - (RealEstateRama) -- Nearly two years ago, James M. Weichert, president and founder of Weichert, Realtors, began calling upon Congress for a homebuyer tax credit that he felt would help repair the struggling national economy.
Congressman Rothman Votes to Extend Unemployment Benefits and Homebuyer Tax Credits
Washington, D.C. - November 5, 2009 - (RealEstateRama) -- Congressman Steve Rothman (D-NJ) voted in favor of H.R. 3548, the Worker, Homeownership, and Business Assistance Act of 2009.
Mandates Relief Equals Property Tax Relief
Trenton, NJ - November 6, 2009 - (RealEstateRama) -- The people of New Jersey have spoken. Their priorities are still tax relief and cost cutting at all levels of government. The new Administration will surely need to tackle the factors that drive public spending. Local officials, through the League of Municipalities, stand ready and willing to help.
Menendez Hails Passage Of Unemployment Insurance Extension
WASHINGTON, DC - November 4, 2009 - (RealEstateRama) -- This evening, the U.S. Senate passed legislation to extend unemployment insurance for laid off workers. Senator Robert Menendez (D-NJ) was a co-sponsor of the legislation and voted in favor of its passage.
It’s a Brand New Day for Home Buyers
Edison, NJ - November 6, 2009 - (RealEstateRama) -- President Obama today signed legislation H.R. 3548, which includes a provision to extend and expand the $8,000 first-time home buyer tax credit.
Congressman Sires Votes to Stimulate the Economy by Extending Unemployment Benefits and Aiding Homebuyers
Washington, D.C. - November 5, 2009 - (RealEstateRama) -- Congressman Sires joined his colleagues today in passing a bill to stimulate our economy and extend unemployment benefits. H.R. 3548, the Unemployment Compensation Extension Act of 2009, was passed overwhelmingly by the House by a vote of 403 to 12.
Lance Says Now Is Time To Extend Homebuyer Tax Credit
EDISON, NJ - October 26, 2009 - (RealEstateRama) -- Today, Congressman Leonard Lance (NJ-07) joined officials from the New Jersey Association of REALTORS® (NJAR®) in support of extending the popular home buyer tax credit through 2010 and expanding it to all New Jersey home buyers.
November 2 Deadline for Property Tax Relief Programs Approaching
TRENTON, NJ - October 26, 2009 - (RealEstateRama) -- New Jersey homeowners and tenants are reminded that the deadline for applying for two direct property tax relief programs is only days away, with applications for the 2008 Homestead Rebate and the 2008 Property Tax Reimbursement (Senior Freeze) programs due by November 2.
Ewing Couple and Their Real Estate Firm Indicted on Charges They Stole Over $600,000...
TRENTON, NJ - October 23, 2009 - (RealEstateRama) -- Attorney General Anne Milgram announced that a Ewing couple and their real estate firm were indicted on charges they stole more than $600,000 from home sellers in connection with 11 home sales.
Congressman Pascrell Questions Federal Officials On Adminstration Of The First-time Homebuyer Credit; Co-sponsors Legislation...
WASHINGTON, DC - October 22, 2009 - (RealEstateRama) -- U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today joined his colleagues on the House Ways and Means Committee’s Oversight Subcommittee in vetting the administration of the First-Time Homebuyers Tax Credit.
Lance Introduces Homebuyer Tax Credit Fairness Act
WASHINGTON, DC - October 13, 2009 - (RealEstateRama) -- Congressman Leonard Lance (NJ-07) today announced that he has introduced legislation to extend and expand the federal homebuyer tax deduction.
Governor’s Solution for Plugging Budget Gap is to Raise Property Taxes
Trenton, NJ - October 9, 2009 - (RealEstateRama) -- Assemblyman Scott Rumana today warned the state’s middle class homeowners to brace themselves for another round of property tax increases in light of Governor Jon Corzine’s revelation he intends to cut state aid to local school districts to plug an expected $8 billion budget deficit.