Philadelphia Home Buyers $8,000 Tax Credit and The End of the World?

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 30^th 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