As we approach the expiration for the $8000 First Time Homebuyer Tax Credit (November 30, 2009), it would be a great idea to extend the tax credit until foreclosure activity has been dramatically slowed and home values improve.
As a real estate broker, I would like to see the tax credit extended. If by chance the tax credit is not extended, we could see a huge drop-off in real estate activity and this could have a devastating effect on any possible economic recovery. Real…
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Posted on September 4, 2009 at 9:40am — 1 Comment