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Chris Wood

Real Estate News and Information for the Cincinnati Area
More Positive News Regarding the First Time Home Buyer Tax Credit

Senator Bill Nelson of Florida has stated that he feels the tax credit will be worked out by the end of the week. The fact he was standing next to President Obama when he said this is a good sign.  Senators Harry Reid and Max Bacus are pushing to add an extension of unemployment benefits to this bill as well, which will help a significant number of people.  No bill will do us any good, if we end up with another round of foreclosures in 2010.  Extending the unemployment benefits will no doubt help a large number of laid off workers while they continue to search for those hard to find jobs!

Homes for sale in Cincinnati, have seen a boost with the first time home buyer tax credit over the summer, but now that the deadline is looming pending sales have dropped off.  Realtors believe that extending the tax credit will help to stabalize prices and continue to move homes through the winter months and carry us into Spring. 

 Keep visiting for updates on what's happening and if you or someone you know is looking to make a move, shoot me an email or text me!

 

Chris Wood
REALTOR
Mobile:  (513) 382-2474
Email:  chris@chrisjwood.com
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Posted: Friday, October 30, 2009 5:52 AM by Chris Wood
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