San Diego Real Estate Blog

The federal tax credit for first-time home buyers is set to expire Dec. 1, 2009. Since its beginning, the tax credit has brought over 1.2 million new buyers into the market nationwide, according to NAR. In California, nearly 40 percent of first-time home buyers reported they would not have purchased a home without the tax credit, according to a California Association of Realtors survey.

I want to urge you to contact your congressman/woman and urge them to extend the credit for future home buyers. This $8,000.00 tax credit is not only helping first time buyers but in the long run it is helping this country recover from the economic crisis we face today. Please let me know if I can be of any assistance to you.

Leonardo Gonzalez

http://www.ChulaVistaCommunities.com