home buying stats: St Petersburg Homeowners and Buyers - Tax Credit Update - Bill has been approved to continue the tax credit as well as benefit other home buyers!!
- 11/05/09 12:27 PM
St Petersburg Florida Home Buyer's can continue to take advantage of the first time home buyer tax credit and current homeowners can benefit with a cash refund now also if they are looking to buy a larger home or downsize. This week the Senate and House passed the bill almost unanimously and tomorrow the President has announced that he will sign the legislation that will extend the first time home buyer $8000 tax credit and create a new $6500 incentive for current home owners who are buying a new property and have owned a property for 5 years. This legislation takes … (0 comments)
The national median income is $61,500 a year. 60% of homes that were sold in the last 3 months of 2008 were within the price range of families that make at least the national median income. Out of that 60% of home the least expensive city, Indianapolis contributed 93% of the affordable homes sold to median income families. According to National Association of Realtors report issued last week, the national median home sales price dropped in the forth quarter of 2008 to 190,000 from the 205,700 of the forth quarter in 2007. Factor in lower mortgage rates and home … (3 comments)
St Petersburg Florida Home Buyer's can continue to take advantage of the first time home buyer tax credit and current homeowners can benefit with a cash refund now also if they are looking to buy a larger home or downsize.
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