Rumors have been going around about the $8,000 first-time-home-buyer tax credit being extended beyond December 1st, 2009. There’s even rumors of it being increased AND including all buyers, not just first time home buyers.
Nothing is set in stone yet, but there’s obviously a lot of interest in this topic. Some skeptics say that many of the buyers would buy anyways. Though this may be partially true, my personal experience with my buyers have been the exact opposite. All of them know about the tax credit and want to take advantage of it. Some of my buyers are rushing to get to buy a house before it expires.
Here’s an article regarding this that was posted yesterday in the NY Times.
UPDATED
Here’s a similar article posted in the Boston Globe on September 17th.
No related posts.
Keane,
This is a great post, thank you so much for bringing this to my attention. I’m also going to share it with my friends on facebook as I know there are many people out there who are looking to buy a home and take advantage of this tax credit. I so wish I was one of them!
Regards,
John
Thanks John! Nobody knows for sure and most people will have hard time hitting the December 1st deadline if they don’t have a house picked out yet. I hope they at least extend it.