The tax credit expires April 30th! First time homebuyers can receive an $8,000 tax credit if you are in a contract by April 30th and close by June 30th. The first time homebuyer market, under $150,000, is so hot right now you might actually pay more than $8,000 if you are in multiple offers. So come May buyers will have a plethora of homes and good deals will start springing up. Kare11 did a great story about the tax credit.
Also there are still first time homebuyer programs out there:
If you buy in the city of Minneapolis or St Paul City Living Program or the Dakota County Bond Program for purchases in Dakota County.
Great website for homeownership and first time homebuyers. Home Ownership Center.
If you have any questions about the tax credit or would like to get in contact with a lender who is able to do the first time homebuyer programs please give me a call.
