From the NAR:

[Lawrence Yun, NAR chief economist] projects an additional 900,000 first-time buyers will qualify for the extended tax credit in addition to about 2 million who have already purchased; 1.5 million repeat buyers also are expected to benefit from the credit.

The extended and expanded tax credit was estimated to cost taxpayers $10.8 billion, hmm … I’m just wondering, how many buyers who receive the tax credit would have bought anyway.

Call Now