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$8,000 Tax Credit

By
Real Estate Agent with Keller Williams Arizona Living Realty

I was sitting here thinking about it already being late June....how quickly this year has gone past!  First time buyers need to be reminded that there are only 5 more months until the $8,000 tax credit ends. Homes subject to the tax credit must close by November 31, 2009.  All pointers show that our home values have hit bottom finally!  Yay!  Anyone who is on the fence now needs to jump off and grab a home quickly, while they can get the tax credit, and before rates go up more than they already have  the last couple of weeks.  There is talk that the Feds are expected to raise prime at their next meeting.  With houses selling and banks becoming busy, that prediction could very well hold true.  There truly is not ANY time better than THIS time to make a new home purchase.