The 2010 Federal income tax credit for home buyers is coming to an end. This economic stimulus can help the overall economy because it will get people to move  sooner on buying a home and with that you have the added benefits of other industries realizing additional revenue. It is estimated that for most every home sold the local economy realizes an additional $60K in benefit. If you think about all the added items that you purchase such as landscaping materials, furniture, blinds, and even new electronics to put into your new home the added value of buying and selling a new home is great for the overall economy. So while this offer is coming to a close do not hesitate to talk to your real estate professional about how you can take advantage of this great government tax benefit.

The $8000 tax credit that was put in place as part of the housing stimulus will be coming to an end April 30. It is estimated that over 2 million consumers have been able to take advantage of this credit when buying a new home.