The tax credit for first time homebuyers (and those who haven't owned a home in the past three years) is still available and there is still time for you to to take advantage of it.

The credit of $8000 will be available to qualified home buyers until December 1, 2009.  That means that time is running out!

To qualify the home purchase must be closed by December 1, 2009.  That gives you time to get pre-qualified and means that you would want to start your search right away. 

Inventory levels are still up, meaning there is a good supply of homes to choose from and interest rates are still down...at historically low levels. 

The only type of home purchase transaction that we may be running out of time on would be the short sales, but even those may be able to be completed before the deadline.

If you would like more information or if you are ready to start your search, let me know!  I am ready to help you find your next home now!