houma realtors

Energy Tax Credit – December 31 Deadline

Energy Tax Credit Deadline Looms

The Dec. 31 expiration of most energy tax credits is driving a mini-boom in home improvements.

The federal tax credit covers 30 percent of the cost of various conservation upgrades, up to maximum of $1,500. In many states, it can be combined with state and energy company credits to potentially double the credit.

Congress is considering a smaller incentive for next year. Currently, the proposed new credit would cover 10 percent of the cost of conservation upgrades to a maximum of $500. The measure has passed the House, but there is no guarantee that it will pass the Senate.

Compliments of Realtor.org

For more information visit:

http://www.realtor.org/rmodaily.nsf/pages/News2010121502?OpenDocument

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October Market Update

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September Market Update

As of September 30, 2010

Total Listings: 1354

New Listings Added: 200

Total Pending Listings: 81

Total Sold: 63