|Laws & Taxes|
Edison, NJ – December 21, 2009 – (RealEstateRama) — According to the 2009 Profile of New Jersey Home Buyers and Sellers, first-time buyers account for a larger portion of the housing market than in previous years, largely due to the impact of the federal home buyer tax credit.
MORRIS PLAINS, N.J. – November 10, 2009 – (RealEstateRama) — Nearly two years ago, James M. Weichert, president and founder of Weichert, Realtors, began calling upon Congress for a homebuyer tax credit that he felt would help repair the struggling national economy.
MORRIS PLAINS, N.J. – August 17, 2009 – (RealEstateRama) — Since Congress passed the American Recovery and Reinvestment Act earlier this year, many have seized the opportunity offered by the $8,000 tax credit for first-time home buyers. When you factor in today’s historically-low interest rates and housing affordability with the financial incentive from the government, it’s easy to see why so many first time buyers have taken advantage of this chance to realize their dream of homeownership.