Extended Home Buyer Tax Credit – Time is Running Out!

Last fall, Congress extended the Home Buyer Tax Credit to April 30, 2010 and expanded the program to apply to non-first time homebuyers as well. These buyers are sometimes referred to as “repeat buyers” or “long term residents”.  Here are some further details on the Extended Home Buyer Tax Credit: Deadline: All buyers must be…

Sotheby’s Doing Their Part To Support the Real Estate Industry

Last week Christy and I received an email from Kathy Korte, President and CEO, of Sotheby’s International Realty, updating us on ways the private sector are trying to jumpstart the sluggish housing market. A Business Roundtable was formed and here are the results of that meeting. Business Roundtable, an association of chief executive officers of…

First Time Homeowner Tax Credit – Explained – How Does It Help Jackson Hole Homebuyers?

Information about first time home buyer tax credits as amended by the American Recovery and Reinvestment Act of 2009 (HR 1). We highly suggest that you please consult your tax advisor / accountant to determine whether you are eligible for this tax credit before making any decisions or changes to your tax status. This website…

Housing and the Stimulus Package – Jackson Hole Status Report

February 17, 2009 Christy and Garth Gillespie, the “Jackson Hole Experts” have reviewed the Stimulis Bill and Treasury announcements made last week and being signed today and here are our thoughts. We were in support for a $15,000 tax credit but that was defeated. We are very excited to report much of what the National…

United States Senate Approves $8,000 Tax Credit For Home Buyers -Including Jackson Hole Home Buyers

If you decide to purchase a home within the next year, you will be entitled to a $15,000 tax credit, thanks to an amendment written by Georgia’s Senator Johnny Isakson. This amendment to the economic stimulus bill will be available to any home buyer within a year of it’s enactment. Homebuyers will be entitled to claim a […]