October 29, 2009

Leaders get closer and closer to extending the tax credit.

The demand for new homes and condominiums may increase by “more than two times because you’re allowing step-up buyers into the equation,” said Andrew Parmentier, a managing partner at Height Analytics, a research firm in Washington. ” You just opened up a whole new pool of people who can buy into those empty homes and empty condos that were built out.”

October 19, 2009

Lawmakers continue to look at extension of tax credit

Facing mounting concerns over the bleak outlook for jobs, more lawmakers on Capitol Hill last week showed interest in extending and possibly expanding the $8,000 first-time home buyer tax credit that is set to expire on Nov. 30.

October 13, 2009

More news from Washington…

Amidst growing concerns in the Administration and Congress over worrisome prospects for reducing the nation’s lengthening unemployment lines and further strengthening the economy as it moves tentatively toward recovery, Washington turned a sharper focus last week on extending the current $8,000 tax credit for first-time buyers beyond its Nov. 30 expiration date and expanding it to a wider circle of principal home buyers.

June 22, 2009

Time is money!

Unless you’ve been vacationing on another planet, you’ve probably heard about the $8,000 tax credit that is available for first-time homebuyers.  Maybe you’re one of those who is planning to check into it but haven’t quite gotten around to doing anything about it.  The deadline isn’t until November 30, 2009 anyway so you’ve got plenty of time, right?  [...]