First-time home buyers credit ends with flurry of real estate closings
The Tax Credit has really helped push the market forward. The Single family home sales have slowly been increasing since July of 2009. The numbers for March show a 28% increase in Single family home sales in Massachusetts. The Move Up Buyers and First Time Home Buyers that wanted to take advantage of the Tax Credit really have been keeping us busy this past few months. With April being the last month to qualify for the tax credit the urgency of finding the perfect home started to increase. This past week has been a flurry of showings at our Listings and our Buyers looked at every possible home out there. For a few of our clients it came down to the wire. We signed 4 Purchase and Sales agreements yesterday so that they could qualify for the credit. We know just have to make sure the closing happens by June 30th.
