As it currently stands, the $8000 First-Time Home Buyer Tax Credit applies to homes purchased before December 1, 2009. If we allow sixty days for escrow and whatever other issues arise from contract to close, that leaves just over two months for first-time buyers to find their dream home.
Has the credit made a positive impact in your local real estate market? Should the $8000 First-Time Buyer Tax Credit be extended? Please share your thoughts in the comments and use the links below to contact your Representative and Senator.