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April 06, 2009 - (RealEstateRama) — Of the households participating in a Move, Inc. telephone survey in March who said they plan to buy a home this year, 18.1% indicated that they would be doing so in order to take advantage of the $8,000 first-time home buyer tax credit in the stimulus package enacted in February.
March 17, 2009 - (RealEstateRama) — Home builders may be underestimating the mileage they can derive from the recently enacted $8,000 tax credit for first-time home buyers and should be doing whatever they can to actively promote it with their prospective buyers, according to residential marketing experts participating in an NAHB teleconference on March 16.
February 25, 2009 - (RealEstateRama) — On Feb. 17, President Obama signed the American Recovery and Reinvestment Act of 2009 into law. As part of $787 billion in economic stimulus measures, the legislation created a home buyer tax credit that is bigger and better than the previous credit that was implemented in July 2008