Julie Johnson

Currently, the government is offering a $7500 tax rebate for first time home buyers when they buy a new home. This rebate is a interest free loan with repayment not starting for 5 years. Now, there are discussion of increasing this amount to $15,000 and doing away with the repayment. This is great information for Dallas since we have only seen a small downturn in our market. Knowing the market always goes up for spring and summer, the tax rebate and low interest rates could not come at a better time to set Dallas up for an up swing in home sales.