There is much optimism that the tax credit for first time home buyers will be continued into next year. Although the Senate has agreed on an extension and expansion of the program, it has not yet passed. As with any piece of legislation, the housing tax credit is tied to other bills being debated. For those in support of extending the program, you still need to contact your congressman on this issue. According to the Illinois Association of Realtors, 45% of homebuyers in Chicago have been first time buyers.Email This Post To a Friend.
Senate Agrees to Extend Home Buyer Tax Credit
October 30, 2009
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