Saturday, September 04, 2010

Illinois fourth in nation for Home Buyer Tax Credit claims

The U.S. Government Accountability Office reported Illinois was fourth in the nation in buyer tax credit claim dollars. Illinois has 84,559 claims for $601 million. California was first with 261,302 claims for $1.95 billion, Texas second at 190,979 claims for $1.39 billion and Florida third with 149,066 claims for $1.08 billion.

Inman News (a top real estate industry source) and also reported Realtors' Associations and the White House have squashed any speculation a buyer's tax credit will make a come back. We get the this question (new credit or not) a lot as people have been hopeful for another tax credit the slow July closings report.

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