The Governor of our great State of California is getting set to sign legislation that will give tax credits to home buyers. Some of the particulars are in the article but I'm sure there will be more to follow. I will send them out as I get them. The tax credit is huge because it will follow the expiration of the federal tax credit at the end of April so what this means to you is that should you buy a home within the next year to year and a half you can receive monies from the state over a period of a few years. This is great news for our market and I do believe that the Feds will keep interest rates low for the remainder of the year so it looks like it is still going to be a great time to buy a home! Keep note of this though, that these monies can run out and once that happens the program is no more so once the program is up and running get yours while the fire is hot!
CU Later
Carl O
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