I'm hoping this is a good sign. These numbers usually need to have more background information to make them more relevant.
http://online.wsj.com/article/SB125993225142676615.html?mod=rss_Today%27s_Most_Popular
Looks like, if you got lots of $$ to give to your heir, then you better be careful.
http://online.wsj.com/article/SB125986877297775207.html?mod=WSJ_hpp_MIDDLTopStories
Looks like FHA may be increase their minimum closing costs from their current 3-5% minimum. I would assume because one of the issues from the housing/financial crash from couple years ago was related to so many loans with 0% down payments. Home purchasers would walk way (foreclose) their homes since they have little vested into the home. By requiring more money vested at purchase, home purchasers will be more vested into their purchase.
http://www.latimes.com/business/la-fi-fha3-2009dec03,0,5834812.story?track=rss
They have extended the $8000 tax credit til April 30th, 2010. They also are allowing existing home owners that are replacing their primary residence to qualify for this tax credit. Keep in mind if you need to close the home purchase by that date. If you are starting now, you been find a real estate agent quickly and begin searching for a home. Please read our article about the basics for finding a home for some tips. We recommend giving 3-4 months before date you'd actually like to move into a new home.