California first-time home-buyer credit running low; New construction buyers have time

The CA Franchise Tax Board, who is responsible for administering the tax credits for first-time home-buyers and new construction buyers, estimates they have received approximately 17,860 applications as of yesterday, 6/22/2010. Those 17,860 applications account for 91% of the available credit for first-time home-buyers. The tax board is currently receiving around 2,500 applications per week… Read More