Will the $8,000 Tax Credit Be Extended?
September 16, 2009
Author: System Automation
The along with some economists and at least one lawmaker, argues that the U.S. government's soon-to-expire tax credit of up to $8,000 for first-time home buyers should be renewed as it did cause buyers to stimulate the economy. The National Association of Realtors says the credit resulted in 350,000 home sales this year that otherwise would not have closed.
Let's hope that they realize we need this extended to keep up the momentum.
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