Big week in real estate
The coming week should be one of the busiest of the year in the real estate world. Buyers seeking to claim the Federal first time home buyer tax credit of $8000 must complete their closing by June 30 to qualify (they had to have the property under agreement by April 30). The last day of June has always been busy at the Registry of Deeds. Not only is it the end of the fiscal year for many corporations, but families who have waited until school is out before moving find the end of June to be the first opportunity to close. I’ll report back Wednesday night with a report on the day’s activities.