First Time Home Buyers Race to the Finish Line
Monday, October 12, 2009
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The clock is ticking for first time home buyers to take advantage of the Government's $8k tax credit. The deadline is November 30th, but deals are taking months to finalize these days. As NBR's Stephanie Dhue reports that's why the industry is gearing up to get the credit extended. 
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Related NBR Stories & Links
- 08-26-09: New Home Sales Are Resuscitated But Real Estate Remains In Critical Condition
- 04-27-09: "Reviving the Economy: Real Estate"-Housing Crisis Lessons
- 03-30-09: Kevin McCormally's Tax Tips-First Time Home Buyer's Credit
- 03-09-09: Homeowner Relief
External Links/Articles*
- Internal Revenue Service (IRS)
The IRS is a bureau of the Department of the Treasury and one of the world's most efficient tax administrators. This links to information about the 2009 first time home buyers tax credit. - National Association of Realtors (NAR) This links to an October 7th article, "Homebuyer Tax Credit Best Tool for Sustaining Housing Recovery." NAR economist, Paul Bishop is interviewed in Stephanie Dhue's report.
- U.S. Department of Housing & Urban Development (HUD)
HUD's mission is to increase homeownership, support community development and increase access to affordable housing free from discrimination. Here you can find all the information you need to know about buying a home.
*Clicking these external links will take you off the NBR web site on PBS.org. NBR has no affiliation with these sites.
