Archive for the 'tax credits' Category

Homebuyers Taking Advantage Of Foreclosure Short Sales

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First-time homebuyers were responsible for nearly half of all the home purchases made during the first quarter of 2009. The National Association of Realtors reports that this group has taken advantage of the $8,000 tax credit as well as the hugely discounted foreclosure short sales.
While first-time homebuyers contributed to the sales, this did not [...]

Tax Credits For First Time Homebuyers Spurs The Housing Market

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Ever since the tax credit on first time homebuyers was introduced in April 2009, there has been an increase in the number of first time homebuyers. The $8,000 tax credit was given to those who have not owned a home before or within the last three years. Across all states in the country, homebuyers took [...]