Private incentives replacing federal tax credit for home buyers

home buying incentives
home buying incentives

Reports from around the country seem to indicate that lots of people rushed to take advantage of the end of the government home-buyer tax credit. "It's gone nuts," one real estate agent in Plano, Texas, tells the Wall Street Journal.

But it turns out the end of government incentives to buy a house is just the start of some private, industry incentives that may make running out and purchasing that first time home, or upgrading to another house, equally attractive.