First-Time Homebuyers’ Tax Credit
March 18th, 2010
| Categories: Market Minds, The Big Picture
Diana Olick found some interesting stats on the it offered: * 1.76 million taxpayers have filed for this credit in 2008 and 2009 * $12.45 billion in credit has been claimed * It appears as though the share of the homebuyer market consisting of first-time buyers topped out in November at almost 50% For more on our thoughts on this government subsidy and how it is affecting the market, see our recent post “The Anatomy of a Housing Bottom“.
Read the original post:
First-Time Homebuyers’ Tax Credit
Leave a comment
| Trackback