I've been keeping a close eye on the government as the First Time Homebuyer Tax Credit deadline nears. Many people have seemed fairly certain that it would be extended. It looks as though that is the case, though they are also expanding the credit to existing homeowners. Folks who have owned there home for more than 5 years may become eligible for a $6500 credit for buying a new home.
Check out this link to read the AP story...
http://news.yahoo.com/s/ap/20091105/ap_on_bi_ge/us_homebuyers_tax_credit
We'll keep an eye on things...could be a big boost to our market in the spring.
Take care!!
Travis
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