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Jason Catton

Jason Catton

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Possible effects of the proposed first time home buyer tax credit

(Published on - 2/20/2021 7:08:11 PM)

 
 
As predicted the 1st quarter of 2021 continues to hold as a strong sellers market. With low inventory (a 3 months supply as compared to a 6 month supply in an average market) combined with low interest rates the real estate market is fantastic for the sellers out there. 
 
The possible addition of a $15,000 tax credit for first time home buyers could create an even better market for those thinking of an upgrade.  There are other items in the bill that may hinder this particular tax credit from passing, but if you have been dragging your feet in getting your home ready to list, I am here to tell you to stop procrastinating.  Now is the perfect time to sell. If you are curious about what buyers in the market are looking for or wondering if you should update that bathroom before you list, give me a call or email. I can walk you through what properties your house would be in competition with, and help you better understand all your options. 
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