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DDA makes it hard for builders to buy allotted houses posted a minute ago by Ashish Arya Image by Mskadu via Flickr Planning to earn a neat profit by selling a DDA flat in case you get lucky in the latest housing scheme? Be prepared to wait for a while. In its latest housing scheme, the Delhi Development Authority (DDA) is offering 16,000 flats. Speculating on a DDA flat, however, is not going to be easy this time, thanks to DDA's new regulations.

CHICAGO (MarketWatch) -- Home buyers may soon win more time to get to the closing table to qualify for a federal home-buyer tax credit of up to $8,000. The House of Representatives passed the Homebuyers Assistance and Improvement Act on Tuesday to extend the deadline for the home-buyer tax credit, which would give buyers who have purchase contracts in place three more months to close on the sale. The measure still awaits approval in the Senate; a vote there could come as early as Wednesday. Under the House bill, buyers must close before Oct. 1 to be eligible for the credit. That means people who had hiccups in getting to the closing table would have a few more months to wrap things up. The closing deadline was originally June 30. To be eligible, buyers needed to have a contract in place by April 30, and that won't change through this legislation. The National Association of Realtors estimated that about 180,000 otherwise eligible buyers were likely to miss out on the credit if the original deadline was upheld. One big hurdle for buyers has been getting the mortgage approval on time, as lenders work through a clogged pipeline of applications. In the Senate, the measure to extend the closing date for these buyers is included in a bill that also would extend unemployment insurance. Majority Leader Harry Reid filed for cloture on the bill on Tuesday, and expects to have a cloture vote on the measure on Thursday, according to Reid's office. If cloture is invoked, that limits debate on the bill, bringing it a step closer to a final vote. But Reid said on the Senate floor Wednesday morning that he was working to get an agreement with Republicans to pass the House-passed tax-credit bill by unanimous consent as early as Wednesday, according to Regan Lachapelle, Reid's deputy communications director.

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Niche Social Networking For The Realtor     Facebook and MySpace are starting to get recognized as useful tools in networking for the online realtor. However, as social networking sites have become one of the front runners in connecting people on the Internet, people are starting to get interested in "niche" social networking: sites that connect people interested in specific subjects. Active Rain is a network that has taken this concept and turned it into a growing community of realtors, real estate-related professionals and people looking for the right agent for them. It has pages for individuals to post information about themselves and the services they provide, forums, blogs, and a Q&A forum where people can post questions about real estate. So far, 60,000 people have become members, which makes for a lot of exposure on the site. One does not need to be an Internet guru to create a "niche" network, though. It can be done with existing networking sites and applications. The key is to start out creating decent, useful information on your focus in the market. If you are selling homes in the Sunset Hill neighborhood of Seattle, by all means, start a Facebook group or your own message board about the Sunset Hill neighborhood. Whatever it is, make sure that it allows people to weigh in, ask questions and post answers. Social Networking For The Realtor is a must have Post information on the schools there, and the issues about them, the job scene, house care when dealing with Seattle weather… anything and everything that has to do with Sunset Hill and Seattle homes. Make sure it's relevant, make sure it's up-to-date. Look beyond selling houses and post about what people buying homes in Seattle and Sunset Hill are concerned about. If you have happy clients who have conducted their home transaction through you, keep in contact with them and let them know about the site. Many home owners would be interested to know about a sit

India's No.1 Apartment Portal with 25,000+ Apartment communities and 25,00,000+ Home Owners in Bangalore, Mumbai, Chennai, Pune, Hyderabad, Ahmedabad, Kochi, Kolkata, Gurgaon and 100+ cities all over India. Destination portal to buy, sell and rent, manage apartments, house and property in India. Commonfloor provides an online solution to help you find your dream home.

India's No.1 Apartment Portal with 25,000+ Apartment communities and 25,00,000+ Home Owners in Bangalore, Mumbai, Chennai, Pune, Hyderabad, Ahmedabad, Kochi, Kolkata, Gurgaon and 100+ cities all over India. Destination portal to buy, sell and rent, manage apartments, house and property in India. Commonfloor provides an online solution to help you find your dream home.

Repossessed houses for sale and other for-sale dwellings remained low in some areas of Ohio last month. In Tuscarawas, for-sale houses returned to 2005 levels.