London Calling

The Zeder Team at EWM's home for sale at 4725 SW 80th St. in Miami, FL, was featured in London's Telegraph Newspaper under: Homes with A Tennis Court for sale to tie into the 2010 Wimbledon Tennis Championship.

MIAMI, FLORIDA Five-bedroom “tennis estate”, £2.4m

LOOKS If you’re looking for sunnier climes to practise your serve, this glamorous tennis lover’s home would hit the mark. Owned by Butch Buchholz, a Boys’ Singles Champion at Wimbledon in 1958, and a member of the International Tennis Hall of Fame. It has manicured grounds with mature oaks and a large patio.
CHARM As well as a state-of-the-art tennis court, the property has a swimming pool and putting green.
VITAL STATISTICS There’s a one-bedroom, walled, gated guesthouse on the grounds.
The Zeder Team at EWM, 020 7467 5330

Click here to see the online version of the article.


http://www.telegraph.co.uk/property/propertypicturegalleries/7843478

Tax Credit extension!

June 16 (Reuters) - The U.S. Senate voted on Wednesday to give homebuyers another three months to settle on their contracts and take advantage of a popular tax credit that sparked a rush of activity in the housing market.

The Senate, with a vote of 60-37, accepted an amendment by Democratic Leader Harry Reid that extends the closing deadline to Sept. 30 for buyers who met the April 30 deadline to have a signed contract.

The current deadline requires buyers to close by June 30 to get the $8,000 tax credit for first-time homebuyers. Existing homeowners buying a new primary residence are eligible for a $6,500 credit.

Reid offered the measure as an amendment to a bill that would extend some popular business tax breaks and extend unemployment insurance benefits for jobless workers.
The proposal would not have a significant impact on future home sales as the extension would be only for home buyers who already had a contract in hand by April 30.

The popularity of the tax credit has caused some anxiety because settlement offices are inundated with buyers trying to close on transactions by the end of this month to get the tax break. (Reporting by Donna Smith; Editing by John O'Callaghan)