Oct
26
Realty Representatives are Working Hard for First Time Buyers
Posted by Gary Dominguez under For Buyers, General Information
Representatives of the real estate industry are working to have the government extend the $8000 First Time Buyer Tax Credit past it’s present expiration date of the end of November, 2009. Our opinion is that it will benefit the economy by providing stimulation in a market segment in which it is needed - generally younger buyers who will use the tax credit to be able to afford a first home, which would be in the entry-level price range, and therefore make other purchases related to the new home, thus benefiting many local economies. Let’s hope it isn’t long before these efforts pay off.
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