Good News for Home Buyers!
The first-time home buyer tax credit, originally
scheduled to expire on November 30th, has been extended – and expanded. That is
indeed good news for for first-time buyers, as well as repeat buyers, many of
whom will be able to take advantage of the program. In his commentary this
month, NAR Chief Economist Lawrence Yun tells us that the tax credit, continuing
low mortgage rates and high affordability will help lift home sales activity
into next year.
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