$8000 First Time Home Buyer Tax Credit

     Texas has 10 of the top 25 fastest growing counties in the United States. Harris County (no.2) and Travis County (no.14) have had continued to have steady growth even during this recession period. This has helped Central Texas real estate agents to continue making a living compared to some of the other harder hit real estate markets around the country. The Austin residential real estate market may have slowed down and people have had to turn to leasing Austin and Lake Travis homes; however, the government has offered an $8000 tax credit for first time home buyers.
     This $8000 credit will help first time home buyers get out of their Austin rental property and into Lake Travis homes. This credit can also be applied to Austin Condominiums or Lake Travis Condominiums. Any Austin Real Estate agent can help explain this tax credit and how it can helps put first time home buyers into Austin real estate. With people moving from all over the country to Texas, for the many jobs in the education, health, and technology sectors, Austin commercial real estate and Lake Travis commercial real estate will to continue to recover.