It’s not in the House version but if the Stimulus Package that comes out of the House-Senate conference committee includes the $15,000 tax credit for home purchases as in the approved Senate version, then we have us a whole new ball game in Arizona since our home prices in some outlying areas have already largely corrected in my opinion.
“The proposal would allow a tax credit of 10 percent of the value of new or existing residences, up to a $15,000 limit.”
If you find details on the Senate version, please post links in the comments.
February 5, 2009 by Realtor John Wake
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John Wake
Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.
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