California Tax Credit Update Plus Real Estate & Financial News Roundup

California has already received an estimated 7,750 applications and reservations for the  California New Home Tax Credit!  They’re estimating that 70% of the estimated total requested credit is already reaching over $50 million.  Unfortunately, they haven’t finished updating their computer system, so these are all estimates for now.  Time is certainly of the essence to reserve your share of the tax credit.  Merimont, Redwood Gate, Satake Estates, and Village Square all have homes that would be eligible for tax credit.

Now for more of what’s happening in real estate & financial news: