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
610 Los Trancos Rd, PALO ALTO
  • Single Family Residential
  • 5 Beds
  • 8 Baths
  • 21,082 SqFt

610 Los Trancos Rd, PALO ALTO

$53,900,000
0 Chester Ave, SARATOGA
  • Residential Lots and Land
  • 0 Beds
  • 0 Baths
  • 0 SqFt

0 Chester Ave, SARATOGA

$36,900,000
595 Lawrence Expy, SUNNYVALE
  • Common Interest
  • 0 Beds
  • 0 Baths
  • 33,552 SqFt

595 Lawrence Expy, SUNNYVALE

$21,500,000
1527 Waverley St, PALO ALTO
  • Single Family Residential
  • 4 Beds
  • 6 Baths
  • 5,575 SqFt

1527 Waverley St, PALO ALTO

$20,980,000
855 Hamilton Ave, PALO ALTO
  • Single Family Residential
  • 6 Beds
  • 6 Baths
  • 5,963 SqFt

855 Hamilton Ave, PALO ALTO

$19,900,000
28025 Natoma Rd, LOS ALTOS HILLS
  • Single Family Residential
  • 5 Beds
  • 9 Baths
  • 10,715 SqFt

28025 Natoma Rd, LOS ALTOS HILLS

$18,500,000
1655 Berryessa Rd, SAN JOSE
  • Common Interest
  • 0 Beds
  • 0 Baths
  • 9,740 SqFt

1655 Berryessa Rd, SAN JOSE

$18,500,000
New
0 Santella Dr, LOS GATOS
  • Residential Lots and Land
  • 0 Beds
  • 0 Baths
  • 0 SqFt

0 Santella Dr, LOS GATOS

$17,500,000
975 Boynton Ave, SAN JOSE
  • Multi-Residential
  • 0 Beds
  • 0 Baths
  • 34,144 SqFt

975 Boynton Ave, SAN JOSE

$17,500,000
1025 Lincoln Ave, PALO ALTO
  • Single Family Residential
  • 6 Beds
  • 8 Baths
  • 6,101 SqFt

1025 Lincoln Ave, PALO ALTO

$17,500,000 ↓ $2,000,000
0 Monterey Rd, GILROY
  • Commercial Lots and Land
  • 0 Beds
  • 0 Baths
  • 0 SqFt

0 Monterey Rd, GILROY

$16,815,000
New
543 Tennyson Ave, PALO ALTO
  • Single Family Residential
  • 6 Beds
  • 7 Baths
  • 5,756 SqFt

543 Tennyson Ave, PALO ALTO

$15,888,000
 

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 May 31st, 2023 at 11:24pm 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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