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Realtors Seek Extension to Homebuyer Incentive Program

Posted: Saturday, September 26th, 2009 at 6:27 am

The national housing market is slowly rebounding, and many are crediting the impact of the $8,000 first-time home-buyer incentive for the turnaround. That incentive expires later this fall, though, and realtors are hoping for an extension.

Doug Van Zee, a Broker Associate with Prudential First of Pella Realty says the housing market isn’t back on its feet just yet and says he thinks an extension of the program would continue to help, and adds that it would be nice to see the incentives offered to more than just first-time homebuyers.

If no extension is granted, the Federal incentive program will end on November 30th.