by Amy Platon
Some hopeful news is being tossed around by White House administrators. It’s news that could help first-time homebuyers (or those who have not owned a home in the last three years). Turns out, the $8,000 tax credit (as in, 10 percent of the purchase price not to exceed $8,000) that is currently in effect for closings that occur prior to December 1st, may be extended.
The President’s economic team is reviewing their findings on how this branch of the stimulus plan is affecting home sales growth. If those findings are favorable, we could be looking forward to a continued trend in upward bound home sales stats! Email your congressmen, all you sellers and buyers.
