We are rapidly approaching the end of the first time buyers tax credit program. I know it has had an impact on my business. I also know that it will help many of my clients pocketbooks. Not to mention the Sellers, agents, lenders, title companies, appraisers, inspectors, etc, etc.
We've heard alot about extending the program. We've heard alot about a new program for all homebuyers. It looks like we are done with it.
Just another case of not enough of a good thing. Check out this article from USA Today.
http://www.usatoday.com/money/economy/housing/2009-10-20-white-house-home-tax-cred_N.htm?csp=34
I guess someone reached into Uncle Sam's pocket and it was empty.
Let me know what you think about the program and if it is/was worthwhile.
Mark Wilson
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