From a NAHB press release dated June 5th:
H.R. 3221, the American Housing Rescue and Foreclosure Prevention Act of
2008, contains a provision that would provide a temporary, first-time home buyer
tax credit of $7,500 for the purchase of any home used as a principal residence
and closed on between April 9, 2008 and April 1, 2009.
Joe Robson, first vice president of NAHB states: “Policies that stimulate
home purchases in the immediate future can pay huge dividends and a temporary
home buyer tax credit provides the most bang for the buck.”
Read the complete press release.
Related Florida real estate views:
Blog opinions on Florida Amendment 5
Builders confident buyers will take advantage of tax credit
President Bush not completely happy with housing bill
- Greg Staker - Watson Realty Corp. - 407-304-0255
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