A new $8,000 federal tax credit for first-time home buyers aims to breathe some life into the long comatose U.S. real estate market.

Adopted this winter as part of President Obama’s $789 billion economic-stimulus package, the new credit covers most purchasers who haven’t owned primary residences in at least three years.

The tax break reimburses buyers for 10 percent of a homes’ purchase price, up to a maximum $8,000 credit.

Read more: 8,000 reasons to buy a Boston home

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