Through August 2009, 315,000 first-time homebyers took advantge of the Recovery Act tax credit of up to $8,000. Of them so far, 3,565 Orgonians have taken advantage of the first time home buyer tax credit!
According to a U.S. Treasury Department report, these facts only include buyers who claimed the credit on amended 2008 tax returns. However, the number of buyers in Oregon is expected to significantly increase because many are expected to file the credit on their 2009 tax return in early 2010.
Across the map, California led all the states with 42,304 credits claimed. Followed by Texas with 29,536 and Florida at 29,132.
Click here for the CNN Money map which shows how states compare with each other as it relates to the first-time buyers claiming the tax credit.
As mentioned in our previous post, according to the RMLS, in Sherwood Oregon alone nearly half of all homes sold this year fall within the standard first time home buyer range of $200K -$300K.
Contact your top producing real estate team today. We can help you find a home & get a loan just in time… DON’T MISS OUT!
