Long Beach Housing Market

December 8th, 2009 3:29 PM
If you didn't get the message already, let me confirm that the Federal Tax Credit for Home Buyers has been Extended and Expanded. The tax credit will be extended through April 30, 2010, with a 6-day extension if a binding contract is in place prior to the deadline. First-time home buyers will continue to receive a tax credit of up to $8,000, while existing homeowners will receive a credit of up to $6,500. This is some of the best news we've had in a long time for the Real Estate market.  While the economy appears to be recovering slowly, I do think some of the uptick in the real estate area has been from the first time buyer tax credit.  Now that is has been expanded to include existing homeowners I think that will continue.  I worry what will happen when it ends but my home is that the economy will be feeling a recovery by then and it won't be as shocking as it would have been at the end of December. 

Posted by Heather Burke on December 8th, 2009 3:29 PMPost a Comment (0)

Recent Posts:

Archive:

My Favorite Blogs:

Sites That Link to This Blog:

                                                                

Heather's Long Beach California real estate site features property searches and a great realtor. It's easy to find a home in Los Alamitos, California. Bellflower is hopping with real estate property available through Heather Burke, a licensed realtor.

Add to Technorati Favorites

AddThis Social Bookmark Button

Powered by MixMySite


Main Street Realtors 244 Redondo Avenue Long Beach, CA 90803
Phone: Cell:

CONTACT | HOME VALUE | REVIEWS | Main Street Realtors | Long Beach | Heather M. Burke | El Dorado Park Estates | Los Alamitos | Seal Beach | Bellflower | Stage Your Home | Free ListingBook | Valuable Newsletter | Long Beach Community | ABOUT | 2010 MVP | Long Beach Features | Buyer F.A.Q. | Referrals | Seller F.A.Q. | Your Buying Process | Your Selling Process | SEARCH HOMES | Mortgage Protection | Foreclosure Data | SUCCESS STORIES | Sold Homes | HOME | Featured Homes | Site Map | Mortgage Calculators | Video: Buying Your Home | Video: Selling Your Home | Loan Rates Today | BLOG

Copyright © 2012 Main Street Realtors
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.



 
State:
County:
City:
Zip: