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Friday, September 18, 2009

Homebuyer Tax Credit Ends Soon - NAR Wants to Extend it

The $8,000 first-time homebuyer tax credit is ending in a short 2 months. To be exact, it ends on December 1, 2009. Many attribute the upswing in sales to the tax credit and are concerned that sales will be hurt once the credit expires.

NATIONAL ASSOCIATION OF REALTORS® and other organizations, including the NAHB, are urging congress to extend the credit. NAR has created a Call for Action website where you can send a message to your congressperson and senator asking them to extend the credit expiration.

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