I have received several notices today that the government is working very hard to extend the $8,000 Federal Tax Credit for another year. What is coming across the wire is that the credit will continue to be $8,000 until March 31st. 2010 and then drop by $2,000 for each of the next three quarters. You can read an article here if you would like to see it from the Realtors Magazine.
How does this make you feel?
Does it encourage you to consider buying a home now?
Does it encourage you to consider put your home on the market?
Does it frustrate you that our tax dollars are being spent to bribe people to buy a home?
Lets start a conversation about this.