What the new "First Time Home Buyer Tax Credit" really looks like and how it could change the look of the real estate market across the country...

NAR opposes mortgage interest deduction provisions on President Obama's Budget Proposal which was released February 26th. As currently drafted, the plan changes the mortgage interest deduction by reducing the amount of mortgage deductibility on families earning over $250,000. It will be interesting to see how it affects people relocating to Nashville, Middle Tennessee and the home values across the country. Click here to read more and to view the Government Affairs Tax Credit Chart.

Posted By: Tammy Carroll

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