This is a podcast from the NAR's Chief Economist Lawrence Yun, explaining the importance of extending and expanding the First-Time Buyers Tax Credit of up to $8,000 that is about to expire on November 30, 2009.
To hear this audio podcast CLICK HERE
The tax credit is important to buyers since it helps them purchase homes and therefore helps sellers as well since it increases the pool of persons who have the ability to buy their properties. A win-win for both sides.
Source: National Association of REALTORS (NAR)
John Elwell - REALTOR
Bill Nye Realty, Inc.
Licensed in Florida