New Updates on Extending the $8,000 tax credit for First Time Home Buyers

Good News for First Time or Second Time Home Buyers in Bend, Oregon  - Updates on Extending the $8,000 tax credit for First Time Home Buyers

According to CNBC, the extension of the First Time Home Buyer Tax Credit is making progress.  The most recent update has the $8000 tax credit extended through the end of April.  In addition, the Bill will included a credit for repeat buyers (those who have lived in thier home three of the last five years) of a primary residence.  Repeat buyers would recieve a $6500 credit. According to CNBC, "Senate Banking Committee Chariman Christoperh Dodd stated that a deal has been reached."  Additional specifics on the "deal" have not yet been reported and the "deal" still has to pass a vote. 

Stay tunned for addittional updates on the Bend, Oregon real estate market and the $8000 first time home buyer tax credit.

 

 

 

 

 

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Thanks for reading my Central Oregn Real Estate Blog! 

Kryste Adams

 

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