Life Style Denver by Gretchen Faber

Homebuyer Tax Credit Extended

The "first-time" home buyer tax credit was extended and modified today by Congress. While there has been much debate here among Denver real estate brokers about the cost of the credit, there is no doubt that this move will help to continue to stimulate the recovering real estate market. Homebuyers will now have two tax credits available. The original $8,000 for first time buyers - actually for buyers who haven't owned a home in the previous 3 years.  As well as a...Continue Reading!