The internet is full of articles the government may extend the $8,000 first time home buyers tax credit....lots of speculation! We won't know for sure until the proverbial "fat lady sings"! That's a question only "Uncle Sam" can answer. Should the credit be extended, it would certainly keep the housing market on the upswing.
I have read there's a distinct possibility the credit may even grow to include those that have occupied their home for the past 5 years....a possible credit of $6,500 is being put on the table. Now wouldn't that be a real "bright light" at the end of the tunnel!
We will all just wait and see....until then....I'm selling lots of property! |