Here we are 2 month past the end of the first time home buyer tax credit. What effect did it have on home sales? What is happening in the real estate market? Where are interest Rates? We did get an extension from congress on the first time home buyer tax credit, but only for the…Read More→
TIME TO EXTEND THE $8,000 FIRST TIME HOME BUYER TAX CREDIT
HOW HAS THE CREDIT AFFECTED THE MARKET The national association of Realtors has reported the rate of home sales for 2009 is 5.24 million. NAR says, the $8,000 First Time Home Buyer Tax Credit has brought 1.2 million buyers into this market. Of that 350,000 would have bought without the credit, therefore the credit has…Read More→
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