Philadelphia Home Buyers, the $8,000 Tax Credit and The End of the World?
Alan Zibel of the National Associated Press recently reported how the $8,000 tax credit has driven the surge in home sales across the nation. In this article Stephanie Somers was quoted saying:
"It was like the end of the world, All the first-time buyers converged onto that one month." ~ Stephanie Somers
Here's the full article.
We have certainly seen this to be true in the Philadelphia Real Estate Market with an incredibly busy fall due to the $8,000 tax credit combined with record-low mortgage rates.
With April 30th as the new deadline, homebuyers will continue to benefit from these incentives helping to spur demand and sellers can look forward to getting their homes listed and sold in a realistic timeframe.
If you need further assistance in understanding how this homebuyers tax credit applies to you, need assistance in locating a new home or listing your home for sale, please contact The Somers Team today - we look forward to hearing from you and assisting you.
Related Blog Posts:
http://thesomersteam.activerain.com/channels/activerain/topics/tax_credit
http://thesomersteam.activerain.com/channels/activerain/topics/first_time_homebuyer_tax_credit
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If interested in buying or selling properties in Philadelphia, contact Chris and Stephanie Somers at thesomersteam@yahoo.com or 215-400-2612. For investment properties, check out our new investor site at Philly Investor Hub! If interested in checking out our new office in Northern Liberties, let us know !
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