WASHINGTON (Realtor.org) – A $15,000 homebuyer tax credit could be enough to encourage more people to purchase homes, according to a nationwide poll conducted by the National Association of Home Builders (NAHB).
The poll shows that a third of all 1,200 respondents and 61 percent of renters would be more likely to purchase a home if the tax incentive becomes law. The tax credit was included in the stimulus package passed by the Senate this week.
“This is extremely significant because normally in any one year only about 5 to 7 percent of households purchase a home,” said NAHB Chief Economist David Crowe.
