As you all may or may not know there is a new $8,000 tax credit being offered to first time home buyers that is truly a tax credit as opposed to the previous version of the tax credit which actually had to be repaid. However, there are restrictions on this tax credit as well. For […]
First time homebuyers…come on down!
According to a recent survey done by the National Association of REALTORS® the percentage of first time home buyers rose in 2008 to 41%, up from 39% in 2007 and 36% in 2006. The median age of the first time home buyer went down from 31 in 2007 to 30 in 2008. With the median […]