$8000 First Time Home Buyers Tax Credit

Late on Wednesday February 11th, Congress approved a tax break of up to $8,000 for first-time home buyers.

So just think: If Congress had passed this bill back in October of 2008, they could have saved the taxpayers the $700,000 billion that the banking industry squandered on themselves instead of investing it in economic incentives that would circulate through the private sector. At least the taxpayers are getting something back this time around – and the flagging Charlotte real estate market is finally getting a jump start.

- Julie