Friday, October 16, 2009

California Association of Realtors, (CAR) supports tax credit extension

Here's a post from C.A.R.'s facebook page:


The federal tax credit for first-time homebuyers is set to expire November 30, 2009. Since its inception earlier this year, the tax credit has brought 1.2 million new buyers into the market nationwide, according to NAR. In California, nearly 40 percent of first-time homebuyers reported they would not have purchased a home without the tax credit, according to a C.A.R. survey.

C.A.R. supports an extension of the federal tax credit through 2010 and to include all homebuyers—not just first-timers. Historically, housing has led the nation out of economic downturns, and can do so again.

As the expiration date for this successful program looms, it is imperative that all REALTORS® take action by contacting their congressperson and urging them to extend this vital home-buying incentive.

Call your congressional representative immediately!

1. Dial 1-800-961-3302.
2. Enter your NRDs i.d. to be directly connected to the office of your representative.
3. Ask your representative to vote for extending the first-time homebuyer tax credit.

see it here:
http://www.car.org/governmentalaffairs/federal/call4actiontaxcredit/

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