extending tax credit: Support for Extending the Home Buyer Tax Credit is Rapidly Growing - 09/18/09 06:53 AM
In something I see as an expanding snowball effect, the sentiment for extending the Home Buyer Tax Credit is growing daily.  It is beginning to feel more like fear now that if this snowball is allowed to melt, home sales will fall into a black hole.  
The IRS recently reported that over 1.4 million Americans have claimed the $8,000 first-time home buyer credit to date.  And, it is widely asserted that this program has had a huge hand in helping to stabilize the housing market this year.   
The current credit of $8,000 for first time home buyers has been in effect … (8 comments)

extending tax credit: Extending the $8,000 Tax Credit - Massachusetts Blog - 08/19/09 12:31 PM
As first-time home buyers in Massachusetts race against the clock to take advantage of the current $8,000 tax incentive, some of our Senators are racing to get the bill renewed.  
Senate Majority Leader Harry Reid has been working on the bill and he says he expects Congress to extend it into the new year. 
The tax credit, which was approved as part of the federal stimulus package, is currently set to expire on December 1. 
So far, the program has encouraged around 2.5 million first-time home buyers to make their move toward the purchase a home.  And, according to the National Association of Realtors, … (10 comments)

 
Claudette Millette, Buyer, Broker - Metrowest Mass (The Buyers' Counsel) Rainmaker large

Claudette Millette

Buyer, Broker - Metrowest Mass

Ashland, MA

More about me…

The Buyers' Counsel

Address: 27 Thomas Street, Ashland, MA, 01721

Office: (508) 881-6230

Fax: (866) 285-8349

Email Me

Follow this blog


Listings

Links

Archives

RSS 2.0 Feed for this blog