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Posts from January 13th, 2010

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January
13

CHATTANOOGA, TN., - Many first-time homebuyers have already taken advantage of the $8,000 tax credit that began stimulating the struggling housing market in 2009. For those first-time buyers who waited and for current homeowners looking to buy in this challenging market there is new hope in 2010 with the extension and expansion of the tax credit.

 

"As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress passed new legislation that will extend the $8,000 first-time homebuyer tax credit until April 30, 2010," said Crye-Leike Hixson Managing Broker Kathy Tucker. "The new legislation also expands the credit granting up to $6,500 to current home owners purchasing a new or existing home between November 7th, 2009 and April 30th, 2010."

 

In order to help potential buyers learn how they can take advantage of the tax credits, Crye-Leike Realtors in Hixson, Tennessee are hosti...

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