The Boyenga Team | Silicon Valley REALTORSĀ®

California Tax Credit

 

California Re-Established & Extended $10,000 Homebuyer Tax Credit!

The Law: 

AB 183, signed by Gov. Arnold Schwarzenegger,

allocates $200 million to the credit for homes purchased between May 1 and Dec. 31, and between Dec. 31 and August 1, 2011. That's twice the amount allocated to a similar credit passed for purchasers of new homes last year. Those funds were quickly depleted and builders have been asking for the credit's return ever since.

California has extended the $10,000 Homebuyer Tax Credit to first-time buyers of existing homes as well as buyers of new homes. *The funds will be split evenly between the two groups, and buyers will have to occupy the home for at least two years.  This legislation is backed by the California Building Industry Association and the California Association of Realtors.

The credit will be paid out over several years and therefore lessen the blow to the cash-strapped state's budget.

 

Homes for Sale

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000
$800,000 - $900,000 $900,000 - $1,000,000 Over $1,000,000
24021 Highway 9, LOS GATOS
  • Commercial Lots and Land
  • 0 Beds
  • 0 Baths
  • 0 SqFt

24021 Highway 9, LOS GATOS

$89,000,000 ↓ $7,600,000
610 Los Trancos Rd, PALO ALTO
  • Single Family Residential
  • 4 Beds
  • 7 Baths
  • 21,082 SqFt

610 Los Trancos Rd, PALO ALTO

$53,900,000
27500 La Vida Real, LOS ALTOS HILLS
  • Single Family Residential
  • 5 Beds
  • 12 Baths
  • 20,982 SqFt

27500 La Vida Real, LOS ALTOS HILLS

$39,998,000
0 Chester Ave, SARATOGA
  • Residential Lots and Land
  • 0 Beds
  • 0 Baths
  • 0 SqFt

0 Chester Ave, SARATOGA

$36,900,000
10718 Mora Dr, LOS ALTOS HILLS
  • Single Family Residential
  • 6 Beds
  • 11 Baths
  • 9,677 SqFt

10718 Mora Dr, LOS ALTOS HILLS

$25,000,000 ↑ $5,200,000
1650 Waverley St, PALO ALTO
  • Single Family Residential
  • 5 Beds
  • 7 Baths
  • 5,787 SqFt

1650 Waverley St, PALO ALTO

$22,950,000
200 Lowell Ave, PALO ALTO
  • Single Family Residential
  • 7 Beds
  • 9 Baths
  • 8,059 SqFt

200 Lowell Ave, PALO ALTO

$22,500,000 ↓ $2,500,000
595 Lawrence Expy, SUNNYVALE
  • Common Interest
  • 0 Beds
  • 0 Baths
  • 33,552 SqFt

595 Lawrence Expy, SUNNYVALE

$21,500,000
939 Story 295, SAN JOSE
  • Common Interest
  • 0 Beds
  • 0 Baths
  • 44,898 SqFt

939 Story 295, SAN JOSE

$21,000,000 ↑ $20,613,845
1300 White Oaks Rd, CAMPBELL
  • Common Interest
  • 0 Beds
  • 0 Baths
  • 40,000 SqFt

1300 White Oaks Rd, CAMPBELL

$19,998,000
New
24301 Elise Ct, LOS ALTOS HILLS
  • Single Family Residential
  • 6 Beds
  • 8 Baths
  • 9,435 SqFt

24301 Elise Ct, LOS ALTOS HILLS

$19,950,000
25355 La Loma Dr, LOS ALTOS HILLS
  • Single Family Residential
  • 9 Beds
  • 13 Baths
  • 20,324 SqFt

25355 La Loma Dr, LOS ALTOS HILLS

$19,950,000 ↑ $450,000
 

Please feel free to browse through this site to explore any, and all of Silicon Valley's finest neighborhoods.  This comprehensive home buyer/seller tool offers direct access to the latest properties for sale in Silicon Valley (Santa Clara & San Mateo Counties.) Featuring extensive community information, Silicon Valley consumer links, Silicon Valley rentals, Silicon Valley school information, free home reports, answers to commonly asked real estate questions, and more, you will find everything about Silicon Valley real estate within one easy source.

Contacting the Boyenga Team is the best way to learn more about Silicon Valley real estate. Feel free to call us at 408.373.1660, 650.497.4645 or send Boyenga Team an email.

MLSListings Inc Logo Based on information from MLSListings MLS as of September 28th, 2022 at 3:24am PDT.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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