Homebuyer Tax Credit Deadline Extended

It's almost official according to all the news sources. President Obama just has to sign the bill.

For Team Patereau, this bill doesn't have any impact. All of our homebuyers who qualified closed before June 30th.

Life After the Homebuyer Tax Credit

It's safe to say now that the action brought to the nation's housing markets by the Homebuyer Tax Credit is over. Any buyers who wished to take advantage of this credit had to have been in contract by April 30 and now must close by June 30.

But please remain seated before exiting this ride and declaring the housing market D-O-O-M-E-D (as several headlines have cried this week). Gino Blefari, President and CEO of Intero Real Estate has an opinion on this. Read on.