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Weichert Realtors Porter Properties
November 9, 2009

Auburn Homes Benefit from: Congress passes Home buyer Tax Credit Extension and Expansion

Auburn Homes and Opelika AL buyers and sellers found out great news yesterday afternoon.

Congress passed an extension of the First-Time Home Buyer Tax Credit into 2010 and expanded the bill to include current homeowners with a home sold or being sold as a principal residence consecutively for 5 of the previous 8 years, in turn benefiting the Auburn AL homes for sale and Opelika AL homes for sale community. Realtors across the nation are hoping this will continue the housing market increase they have been seeing over the last year.

Auburn Houses are Selling at Porter Properties!

The tax credit extension states that first-time home buyers will be able to cash in on the tax credit until April, 30 2010, also it expanded to include a credit of $6,500 to current home owners purchasing a new or existing home between the date the bill is signed by President Obama and April 30, 2010. The real estate industry on the Auburn Al and Opelika AL local level as well as across America feel this is a major victory for consumers, Realtors and the current housing market. For more information about the details of the extension and expansion of this bill please visit the National Association of Realtors website at Also, please click on the links below to see the Podcast from the NAR President, Charles McMillan & the Home buyer Tax Credit changes.

Auburn Homes buyers and Sellers have a reason to celebrate!

Homebuyer Tax Credit Changes

Charles McMillan on the Tax Credit Extension & Expansion