The new $8000 tax credit for first time homebuyers isn’t just good news for homebuyers. It’s great news for home sellers as well. First time homebuyers taking advantage of this incentive will make it possible for many sellers to find qualified buyers for their homes. Those sellers in turn will then be able to purchase their next home and so on and so on and so on. This NECN interview with the President of the Massachusetts Association of Realtors may answer some of your questions about the $8000 tax credit program and the current Massachusetts real estate market in general.
