With the Federal Tax Credit program expiring agents may be looking for new ways to excite buyers. Mortgage interest rates are still VERY low and of course our home prices here in Los Angeles are equally as attractive.
Plus...
Since May 1st, 2010 the $10,000 State of California tax program aimed at first time home buyers and new homes has been in effect! The State put aside 20 million and the program will last as long as these dedicated funds do. Qualified buyers can take up to $10,000 and spread that out over 10 years to help reduce their state tax bills. Not bad!
For more info on this program click here: California Tax Credit Program
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