One of the most popular questions that is leading readers to our blog has to do with whether or not the $8,000 home buyer tax credit will be extended beyond Nov. 30, 2009. That is the million dollar question of the day.
One of my colleagues suggested that the government would extend the tax credit at the last minute, just like the government extended the “Cash for Clunkers” program at the 11th hour. We’ve noticed that prospective buyer traffic and Realtor inquiries have greatly increased at our show homes in the last few weeks. Sales people are once again seeing prospects they met back in the spring who are still in the market and trying to beat the tax credit deadline.
The tax credit program has definitely been a blessing to Home Creations here in Oklahoma and the national real estate and residential construction industry in 2009.
If you’re a first-time buyer who was inspired to enter homeownership because of the $8,000 incentive, let us know. Would you have bought a home without the tax credit? What will you do with the money?
To see if you qualify for the tax credit, visit www.federalhousingtaxcredit.com. Hurry though…you have to be under contract and close by Nov. 30, 2009. Your home buyer clock is ticking.
Jan Sperry Astani
Marketing Director
Home Creations
homecreationsblog
Lindsay Badger
Matt Lundy
Jan Sperry Astani
