Use Free NAHB Online Tools, Opportunities to Sell Homes in April
April is the last month for home owners to qualify for the $8,000 and $6,500 home buyer tax credits — and it is also New Homes Month.
The home buyer tax credits and the spotlight on new homes provide great opportunities for builders to show new customers the benefits of homeownership before the tax-saving opportunities disappear.
Late last year, the $8,000 first-time home buyer tax credit was extended and a new $6,500 repeat buyer tax credit was introduced, providing an extra benefit for potential home buyers to move off the fence and into their new home.
In order to qualify for the credit, however, prospective buyers need to sign a contract by the end of April, which makes New Homes Month the perfect opportunity to get last-minute buyers into the home of their dreams before it is too late.