Friday, April 30, 2010

13 Hours Left for the Tax Credit!

The first time home buyer and move up buyer tax credit expires tonight. If you don't have an accepted offer on a property by midnight, you won't qualify for $8000 or $6500. I have clients that just made it in, there was mutual acceptence yesterday! I'm glad that the whole tax credit will go away, now the market will actually adjust to what it should be. Forbes wrote today that Portland is one of the markets where the bottom has not hit yet, and I think that is partly due to the credit, and people feeling the need to buy now. I'm just glad that I won't have to remind people about the deadlines anymore!

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