http://www.barryfotheringham.com/tucsonblog/2009/07/07/8000-first-time-homebuyer-tax-credit/ What's happening in Tucson Real Estate Sat, 11 Jul 2009 03:46:22 +0000 hourly 1 http://www.barryfotheringham.com/tucsonblog/2009/07/07/8000-first-time-homebuyer-tax-credit/comment-page-1/#comment-6469 Tucson Real Estate Blog » Blog Archive » Tucson MLS Statistics June 2009 Fri, 10 Jul 2009 21:01:45 +0000 http://www.barryfotheringham.com/tucsonblog/?p=99#comment-6469 [...] Read my post from a couple of days ago about The $8000 Federal Tax Credit. I feel this program is assured of being extended but not sure if more people will be allowed to use it. The Bill in the Senate calls for $15,000, but I really do not think that will happen. If you are a first time buyer (not owned a home in 3 years) I would advise starting to look now. Homes around $150,000 are getting harder to find in good condition and with the popular amenities (A/C, garage, etc.). There is a lot of junk at the moment. Expect the $150,000 priced homes to go above $152,000 and higher in nicer subdivisions. The current Tax Credit will cause more sales and leave fewer good properties on the market. [...] [...] Read my post from a couple of days ago about The $8000 Federal Tax Credit. I feel this program is assured of being extended but not sure if more people will be allowed to use it. The Bill in the Senate calls for $15,000, but I really do not think that will happen. If you are a first time buyer (not owned a home in 3 years) I would advise starting to look now. Homes around $150,000 are getting harder to find in good condition and with the popular amenities (A/C, garage, etc.). There is a lot of junk at the moment. Expect the $150,000 priced homes to go above $152,000 and higher in nicer subdivisions. The current Tax Credit will cause more sales and leave fewer good properties on the market. [...]

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