Looks like good news regarding the first time buyer tax credit!!

It looks as though the first time buyers tax credit is being extended through April, 2010!

The senate voted today and agreed to extend the tax credit AND offer a reduced credit to some repeat buyers.

The House of Representatives is expected to follow suit.

This should keep the overall net benefits, as well as the still low mortgage interest rates, as great incentives for buyers.

4 comments • Ralph Gorgoglione - California Real Estate (800) 591-6121 • October 28 2009 09:27PM