Real Estate Minute with Paddo on Mt. Hood – Tax Credit Update

 Summary:

Tax Credit extended to April 30th. This means you have to be IN a transaction before the end of April and CLOSE before the end of June.

• 1^st Time Home Buyers could be eligible for an $8000 tax credit.
• Upgraders could be eligible for up to a $6500 tax credit if you’ve owned your home for at least 3yrs.
• Some Portland Metro areas have experienced a 10% decrease in home values.
• Mortgage rates are at historic lows.

Now is a great time to buy!

Call or email me for more information 503-336-6736 / Ansbro@kw.com