A quick note on the so-called "First Time" Buyer's Credit as we head toward the end of this year and the start of a new one: The credit has been extended by Congress until April 30, 2010. Additionally, the maximum income limits for buyers who use the credit have been increased by about $55,000 for married couples to a new level of $225,000.

In addition to this, if you already own a home, you're still able to take advantage of the credit, though for a slightly smaller amount. If you've lived in your home for at least five of the most recent eight years, you can get up to $6500 of the credit for your purchase.

Call your accountant for details--and CALL YOUR REALTOR!! There's no time like the present to move up or in or both!

Happy Holidays,

Peter & Jane