Marco Island Real Estate Stats Q1-2009

After a weak January results, real estate sales have shown signs of recovery. Although, we still trailed Q1 of last year, we saw some positive growth in single family homes in the month of March, up 55% in pending sales and 50% for closed sales as compared to the March of 2008.

Click the link for all Marco Island Real Estate Stats Q1-2009

For more information about Marco Island Homes for Sale, contact:
Joseph A. Bartos, P.A.
Assist 2 Sell Buyers & Sellers Real Estate
(239) 404-5068
mailto:info@bartosgroup.com
Let us assist you in buying or selling a property in the Marco Island area.

Marco Island Real Estate Statistics for March 2008

March overall sales were dead even with last year. Single Family Homes led the way with a 50% increase in sales over last year and nearly 70% increase from February 2009. Furthermore, pending sales for homes was up 60% from last March.

To view the statistics, click Marco Island Real Estate Statistics for March 2008

For more information about Marco Island Homes for Sale, contact:
Joseph A. Bartos, P.A.
Assist 2 Sell Buyers & Sellers Real Estate
(239) 404-5068
mailto:info@bartosgroup.com
Let us assist you in buying or selling a property in the Marco Island area.

Get up to $8000 Tax Credit for First-Time Homebuyers

In an effort to stimulate home sales, the government has passed a new law that could put up to $8,000 in your pocket via a first-time homebuyer tax credit that does not have to be repaid.

So, how do you know if you qualify?

1. You need to be a "first-time homebuyer". The law defines "first-time homebuyer" as a buyer who has not owned a principal residence during the three-year period prior to the purchase.
2. To be eligible, you must be a U.S. citizen who files taxes
3. There is an adjusted gross income limit of $75,000 a year for individuals and $150,000 a year for joint filers. Those who make more may qualify for a partial credit.
4. You must buy a home between Jan. 1 and Dec. 1 of 2009 and close escrow during these dates.
5. The property you are purchasing must be your primary residence.

To apply for the credit, you would need to use IRS Tax Form 5450 to claim the first-time homebuyer tax credit. If you would like to purchase a home and take advantage of this tax credit, contact me at (239) 404-5068 for a free consultation.