Laws & Taxes

Laws & Taxes

Tanner Votes to Extend Unemployment Benefits and Tax Relief for Homebuyers, Businesses, Military

Washington, D.C. - November 5, 2009 - (RealEstateRama) -- U.S. Rep. John Tanner helped the House of Representatives pass legislation to help Tennessee families and small businesses hit hardest by the economic downturn.

THDA, Department of Revenue Receive Award for Community Investment Tax Credit

NASHVILLE, TN - November 4, 2009 - (RealEstateRama) -- The National Council of State Housing Agencies has recognized a partnership between the Tennessee Housing Development Agency (THDA) and the Tennessee Department of Revenue with an award for Tennessee’s Community Investment Tax Credit.

Gordon Calls for Homebuyer Tax Credit Extension

WASHINGTON, D.C. - October 31, 2009 - (RealEstateRama) -- U.S. Representative Bart Gordon is supporting efforts in Congress to extend a popular tax credit that has benefited thousands of new homeowners in Tennessee.

House Unanimously Passes Enhanced Homebuyer Tax Credit for Military Families

Washington, D.C. - October 8, 2009 - (RealEstateRama) -- U.S. Rep. Lincoln Davis today supported the House of Representatives effort to make first-time homebuyer tax credits more flexible for members of our Armed Forces.

Four Tennessee Residents Arrested, Indicted in Mortgage Fraud Scheme

Knoxville, TN - May 19, 2009 - (RealEstateRama) — Four individuals suspected of a multi-million dollar mortgage fraud scheme in Shelbyville, Tennessee, were arrested today, without incident, by special agents of the Knoxville Division of the Federal Bureau of Investigation (FBI) Chattanooga Resident Agency and investigators with the Bedford County Sheriff's Office (BCSO).

Alexander Votes to Help Tennessee Homeowners and Stabilize Housing Market

WASHINGTON - July 26th, 2008 - U.S. Senator Lamar Alexander (R-Tenn.) today made the following statement after voting for the Housing bill (H.R. 3221),...

Floor Remarks of U.S. Senator Lamar Alexander (R-TN) on “Tax Credits for Renewable Sources...

April 10th, 2008 - Mr. President, I rise in favor of the Alexander-Kyl amendment No. 4429, which we hope is a helpful amendment to...

ALEXANDER COSPONSORS LEGISLATION OFFERING TAX CREDIT TO HOMEBUYERS

WASHINGTON, D.C. - January 31st, 2008 - U.S. Senator Lamar Alexander, R-Tenn., today joined Senator Johnny Isakson, R-Ga., in offering legislation to provide a...

Tennessee Consumers Eligible For $2.7 Million In Ameriquest Restitution

Claim forms sent to eligible consumers; all claims must be submitted by september 10, 2007. NASHVILLE – Tennessee Attorney General Bob Cooper and Tennessee Department...

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MERCY LOAN FUND PARTNERS WITH NATIONAL CHURCH RESIDENCES TO PRESERVE MUCH-NEEDED...

Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) based in Denver, Colo., has announced it has partnered with National Church Residences (NCR) to help preserve 55 affordable homes for seniors at Hickory Hollow Senior Apartments in Memphis, Tenn.

Recent

August Market Report

Memphis-area home sales for August increased 10.3 percent from a year ago, with 1,942 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 11.2 percent from July when there were 1,747 total sales. Average sales price from August-to-August was up 4.4 percent, at $183,175. Inventory decreased 2.1 percent, with 4,713 units listed for sale. Year-to-Date sales volume was up 13.7 percent at $2.24 billion.