15 September 2009 ? Some may not know that the $8,000 Home Buyer Tax Credit is set to expire on December 1st, 2009. As that day looms, many first time home buyers are heading out in search of their first home. Realtors, mortgage broker’s, home inspector’s, etc are all seeing a surge in the market. Many are concerned with the expiration date around the corner, this surge will come to a screeching halt.
The National Association of Realtors (NAR) has put out a call to action asking its members to work toward extending the date for an undefined period of time. NAR has sent letters to their members asking them to send letters to their federal representatives. Maybe all the members of NAR should consider asking their representatives to make the tax credit available to more than just the first time home buyers? This would impact all price points in real estate, not just the lower end of the spectrum.
If you would like to write your Congressman here is the link: http://takeaction.realtoractioncenter.com/campaign/hbtc/w63dd8e4hjxmbi6w?Email This Post To a Friend.