June 12 2009

California Running Out of $10,000 New Home Tax Credits

CNN reports that California is nearly out of their $10,000 tax credits for anyone who buys a new-construction home (new houses or new condos).  The state set aside $100 million that was meant to last for a year, but after four months $24 million has already been used and another $58.5 million has been claimed, leaving only $17.5 million left… read the full article here: 

California running out of $10,000 tax credits

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