Home sales in Ashland and Medford area should remain steady now that Congress has passed new legislation that:

Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010.

Expands the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010.  This is for home purchases up to $800,000.

If you have specific questions or need additional information, please contact a tax professional or the Internal Revenue Service at 800-829-1040.

To see a comparison chart CLICK HERE.