The $8,000 home buyers credit may be extended until June 2010. Congress is currently considering the extension. Under consideration also is the possibly of expanding the credit to all homebuyers who meet income eligibility requirements. This would be expanded to include all but the wealthiest homebuyers and would not apply only to purchasing a first home. There are arguments on both sides of extending the credit. Those in favor of the expansion feel doing so would spur an increase in home sales and motivate buyers in the trade up market, thus increasing sales of higher priced homes. You can read more here.

 

 

Amy McAllister Realty LLC     541-490-1436 

Hood River, Oregon  amym@gorge.net

Disclaimer: I assume no responsibilty for accuracy of information provided within this post and blog. Many entries on this blog are based on the opinions and  ideas of the author and are provided without warranties of any kind, either expressed or implied. 

 

2 Comments on $8,000 homebuyer credit

OCT
15

my fingers are crossed
8:12am • #1
111,492 Points

I hope it happens but with the current swing I would not count on it. Look, no more cash for clunkers

Tony

 
8:28am • #2

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For help with your gorge real estate needs call me at 541-490-1436. I have been selling real estate in the Columbia River Gorge for over 16 years. I enjoy helping people find exactly what they're looking for and work very hard doing that. I also have over 20 years of construction experience. I know alot about how to build and remodel homes. Since 1991, my husband and I have built 7 new homes and completed 5 total renovations. Email: amym@gorge.net Add to Technorati Favorites Real Estate Blogs Directory - Directory of real estate blogs and blogs of industries affiliated with and serving the real estate industry.


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