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Jason and Amber Gardner Realtors (971) 832-1234

Where is the $8,000 Tax Credit is Going?

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Featured on www.DiscoverSherwood.com

Through August 2009, 315,000 first-time homebyers took advantge of the Recovery Act tax credit of up to $8,000. Of them so far, 3,565 Orgonians have taken advantage of the first time home buyer tax credit!

According to a U.S. Treasury Department report, these facts only include buyers who claimed the credit on amended 2008 tax returns. However, the number of buyers in Oregon is expected to significantly increase because many are expected to file the credit on their 2009 tax return in early 2010.

Across the map, California led all the states with 42,304 credits claimed. Followed by Texas with 29,536 and Florida at 29,132.

Click here for the CNN Money map which shows how states compare with each other as it relates to the first-time buyers claiming the tax credit.

As mentioned in our previous post, according to the RMLS, in Sherwood Oregon alone nearly half of all homes sold this year fall within the standard first time home buyer range of $200K -$300K.

Contact your top producing real estate team today. We can help you find a home & get a loan just in time... DON'T MISS OUT!

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Sherwood First Time Home Buyer Stats

In Sherwood Oregon alone, 95 of this years 182 Sherwood homes sales fall within the first time home buyer tax credit range of $200K - $300K. This makes a up nearly half of ALL homes sold in Sherwood so far this year.

(Data provided to RMLS - Residential Homes, Sold Date Range 1/1/09 to 9/1/09)

Learn more about the first time home buyer tax credit here.

Keep up on Sherwood first time home buyer info at www.DiscoverSherwood.com

New on Market – One Level Home in Gladstone Oregon

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Property website: www.1LevelHome.com

Cute one level home in Gladstone Oregon with new exterior windows, paint, trim, built-in's, fully updated kitchen, bay window and flowing hardwood floors you're sure to love. Fenced lot with gated entrance, roomy porch deck and much more. Great home - great value... This is the perfect first-time home buyer opportunity!

Contact Jason Gardner with Gardner Team Real Estate at 971.832.1234 for a personal showing of this home in Gladstone today!

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8,000 reasons to buy your first home NOW!

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The first-time home buyer tax credit expires November 30, 2009. If you are thinking of buying a home in Sherwood or the surrounding areas, now is the time!

In order to qualify for the tax credit, you must close on your new Sherwood area home by the end of November. While a typical transaction can take 30 to 45 days to get from an accepted offer to closing, it is anticipated that there will be a large increase in transactions as the expiration date draws near. Act now to allow yourself enough time to have the transaction processed and through closing so you can take advantage of the $8000 tax credit.

Read more on Sherwood's Blog... Discover Sherwood Oregon

NEW Price & $10K Credit on this Sherwood Home

Great 1st time home buyer property - Not a short sale!

Our motivated sellers of this beautiful home on Madrona Lane in Sherwood, Oregon have JUST reduced the price of their home to $299,900. That makes this 2,454 Square Foot home only $122 per square Foot and truly the BEST value in town!

The best deal in town just got better! The sellers are offering another incentive to buy this beautiful home NOW - Get a $10K credit at closing on any accepted offer for upgrades and/or closing costs! All the way around, this is a deal of a lifetime - Hurry!

Property Website www.BeautifulSherwoodLiving.com

Additionally, we just had new exterior photographs taken of this home on Madrona Lane in Sherwood. We wanted to capture the "tree top view" you're sure to enjoy from the windows along the back of the home or while relaxing on the spacious back deck. The mature trees also add a sense of privacy to the back yard as well. This photograph also showcases the attractive roofline and overall scale this large home comes to offer.

Marketed and Represented by The Gardner Team Your Sherwood Real Estate Team