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Archive for November 2009

Federal Tax Credits for Buying a Home in Eagle Mountain, Utah

Tuesday, November 10th, 2009

As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that:

  • Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010.
  • Expands the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010.

For more information about how the Extended Home Buyer Tax Credit can help prospective home buyers become part of the American dream  go to: http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit

Market Recap

  • Avg. Sales Price: 189,925

  • Avg. Days on Market: 101

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