How the first time home buyer tax credit affects the real estate market

HAPPY 4TH OF JULY – METRO PHOENIX & SCOTTSDALE REAL ESTATE MARKET REPORT AND SALES RESULTS

by Jeff Cameron July 3, 2010 Phoenix

Here we are 2 month past the end of the first time home buyer tax credit. What effect did it have on home sales? What is happening in the real estate market? Where are interest Rates?

We did get an extension from congress on the first time home buyer tax credit, but only for the time …

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TIME TO EXTEND THE $8,000 FIRST TIME HOME BUYER TAX CREDIT

by admin September 15, 2009 Real Estate Market Update

HOW HAS THE CREDIT AFFECTED THE MARKET

The national association of Realtors has reported the rate of home sales for 2009 is 5.24 million. NAR says, the $8,000 First Time Home Buyer Tax Credit has brought 1.2 million buyers into this market. Of that 350,000 would have bought without the credit, therefore the credit has created …

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