In case you missed it…
In case you missed it…
Well, we have some new tax laws on the books. Surprise! The biggest piece of the new law that will interest most people is the extension and additions to the homebuyer’s credit. Congress has seen some success with the previous new home buyer’s credit that gave $8,000 to homebuyers that hadn’t owned a home in 3 years.  Some economists think the credit and low interest rates have been propping up the housing market and they worry what may happen to the residential real estate market in the coming months since the credit was set to expire on November 30th.

Posted: 11/10/2009 10:44:05 AM by cpacg | with 0 comments