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West Chester, OH Real Estate: Home Buyer Tax Credit May Be Extended

October 12, 2009 by Eric Lowry Leave a Comment

There has been a push in the House to get the First Time Home Buyer Tax Credit extended, as well as expanded.  Last week the House passed a bill extending the $8,000 tax credit into next year for military, diplomatic and intelligence workers who have been working overseas.  This bill’s passage leaves many hopeful that an extension for regular first time home buyers will pass as well.  Much of the increase of real estate sales has been attributed to the First Time Home Buyer Tax Credit.

There is a strong sentiment to extend the First Time Home Buyer Tax Credit because the real estate market is not seen as completely stable yet.  The hope is that if the tax credit is extended then real estate sales will continue to improve.  If the credit gets opened up to include all home buyers, as some would hope, then real estate sales volume is expected to pick up quite a bit.

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Filed Under: Financing, First-time Homebuyer, Real Estate Information, Real Estate News, West Chester Community Info Tagged With: Cincinnati, Eric Lowry, FHA Financing, First Time homebuyers, Housing Tax Credit, Keller Williams Realty, Liberty Township Homes For Sale, LowryTeam.com, Ohio, West Chester Homes For Sale

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