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 Marketwatch.com 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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