BROOKFIELD - First-time homebuyer Kelly Walt said she has certain
criteria for her future house, including cost. So, she was concerned
to hear that some home sellers are increasing the cost of their
homes in response to the first-time homebuyer tax credit.
"Thatís a huge relief off your back to have $8,000 that
you donít have to pay back," she said.
Walt, 24, started to search for a starter home in the town of
Brookfield and Waukesha-area about nine months ago. She only has a
single income to pay for the house so cost is a huge factor in her
Since beginning her search, she said she has found homes that are
priced too high for her budget and some that are priced above
Walt said she has heard from Realtors that home sellers are
raising their prices in response to the up to $8,000 revised
first-time homebuyer tax credit approved Tuesday by President Obama.
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