Further Evidence . . .

By this time, the dead horse has been beaten to a pulp by real estate professionals.  Yes, the government is offering a $8000 tax credit for first time buyers.  Yes, the tax credit is set to expire on November 30th (though there has been a heavy push to extend.) And last but not least - Yes, the Tax Credit is stimulating sales. 

A recent article published by the Austin American Statesman reported that according to data supplied by the Austin Board of Realtor, home sales in Austin rose by over 6% in September (year over year).  This significant jump in sales is the first comparable increase in the past 2 years.  Read how the First Time Homebuyer Tax Credit has help fuel sales. 

For many would-be buyers, the security of the tax credit benefit has been the deciding factor in making a decision top purchase.  For others, its allowing for some flexibility to make those all important cosmetic changes.