The $8,000 tax credit is a great incentive for a first home buyer (or someone who has not owned a home in the last three years). I have already sold three homes to families that will benefit directly from this incentive.
If you are currently renting and "thinking about" buying, please note that you MUST purchase the home BEFORE November 30th, 2009 to qualify for this tax credit.
Don't miss out! The tax credit, low mortgage rates and low home prices form a very special and favorable set of circumstances.