The housing industry has recently seen a small boost in homes sales due to the $8,000 first-time homebuyer tax credit. The credit is set to expire on November 30, 2009, but in order to continue helping America recover from the recession, the housing industry still needs support.
Homebuilders across America are asking Congress to extend the $8,000 tax credit through November 30, 2010, and expand it to include all home purchasers, not just first-time buyers.
If Congress extends the tax credit program, it would spur 383,000 more home sales across the country; including 80,000 housing starts down the road as the increased sales help deplete the current inventory of unsold homes. This stimulus will create nearly 350,000 jobs over the coming year nationally…over 3,800 of those would be right here in northern Nevada.
You can make your voice heard by letting your members of Congress know that housing equals jobs, and to restore America, we must revive housing.
Call your members of Congress today toll-free at 866-924-6242 and tell them to:
- Extend the deadline for the $8,000 tax credit through November 30, 2010
- Make it available to all home buyers
Thank you for your help in letting Congress know that to restore America, we must revive housing.
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