Uncle Sam Ready To Deal – First Time Buyer Federal Tax Credit Time Running Out

August 03, 2009

If you are Generation Y person, chances are that you are either renting or living at home with Mom and Dad.  First-time buyers have all the breaks going for them at the moment: the lowest home values in decades and the $8,000 Federal Tax  Credit offered by Uncle Sam.

Although the expiration date of December 1st may seem a long way off, it is looming ever closer for potential buyers that continue to wait the recession out.  Many economists and housing analysts are seeing the signs that the housing market has bottomed and sales are increasing (July marked the third straight month of increased sales).  The time is now to find that home for first time buyers and any buyer looking to move up in the market.  As this article from the National Association of Home Builders points out, the home sale process can be difficult as some appraisals for new construction purchase can hamper the process.

About The Author

Read All Stories By Mitch Levinson

Mitch Levinson is the author of “Internet Marketing: The Key to Increased New Home Sales” published by BuilderBooks. He is an Internet marketing expert with expertise in search engine optimization, website development, email marketing, social media and CRM consulting services. He is known for creating effective programs that can be tracked through analytics to prove effectiveness and ROI. Mitch is founder and president of MLC New Home Marketing and MLC FlatFee Realty, as well as managing partner of mRELEVANCE, LLC, a Marketing, Communication, Interactive agency with offices in Chicago and Atlanta. He currently leads the Chicago team. A Multi-Million Dollar Sales Producer who earned an MBA in Computer Information Systems and eCommerce, he brings a unique perspective and experience to the field of real estate communications. Mitch combines the two interests in order to help home builders and developers gain a competitive advantage through the Internet and technology. When he isn’t behind a computer, he enjoys participating in sports and coaching his kids’ teams. Mitch resides in Arlington Heights, Ill., a northwest suburb of Chicago, with his family, which includes two rambunctious labs. Visit my Google+ profile.

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