This is going to heat up the market and give us some much needed balance! Congress just extended the first time homebuyers tax credit until next April 30th, 2010, but more importantly, added a $6,500 tax credit to buyers who have lived in their homes for 5 years. Woohoo! It's about time other parts of the market start to rock and roll a little. This still won't help the million dollar homes (heaven help these people) because it's only good for purchases up to 800K. Never-the-less, the odds are greater that this incentive will spill up to the luxury end of the market than in the past (as long as there are buyers wanting to trade up to homes of that level.) I'm predicting a VERY healthy Spring for the Real Estate industry!
Details of the New Legislation
Search the Denver MLS for Parker CO Homes and Real Estate -save searches or set up automatic email alerts yourself. See ALL Parker CO Homes and Parker CO real estate listings. Its simply the most accurate tool you can have for your home search!
www.ColoradoDreamHomes.net
Discover the Value of Your Colorado Home -Home Sellers! Knowing what your home is worth in today's Colorado market is important if you are thinking about selling. Get a FREE Report of similar homes in your neighborhood.
www.ColoradoHomeValues.net
