The Boyenga Team | Silicon Valley REALTORS®

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
170 North Wolfe Rd Suite 6, SUNNYVALE
  • Commercial Rental
  • 0 Beds
  • 0 Baths
  • 120 SqFt

170 North Wolfe Rd Suite 6, SUNNYVALE

$680
7660 Monterey St 105, GILROY
  • Commercial Rental
  • 0 Beds
  • 0 Baths
  • 3,534 SqFt

7660 Monterey St 105, GILROY

$750 ↑ $20
116 5th Street St, GILROY
  • Commercial Rental
  • 0 Beds
  • 0 Baths
  • 400 SqFt

116 5th Street St, GILROY

$900 ↓ $100
7660 Monterey St 101, GILROY
  • Commercial Rental
  • 0 Beds
  • 0 Baths
  • 298 SqFt

7660 Monterey St 101, GILROY

$1,125
1706 Heron Ave 4, SUNNYVALE
  • Residential Rental
  • 1 Beds
  • 1 Baths
  • 210 SqFt

1706 Heron Ave 4, SUNNYVALE

$1,400 ↓ $100
0 Lundy And Berryessa Ave, SAN JOSE
  • Commercial Rental
  • 0 Beds
  • 0 Baths
  • 1 SqFt

0 Lundy And Berryessa Ave, SAN JOSE

$1,500
3400 El Camino Real 8, SANTA CLARA
  • Commercial Rental
  • 0 Beds
  • 0 Baths
  • 4,950 SqFt

3400 El Camino Real 8, SANTA CLARA

$1,650
31 S 8th St 35, SAN JOSE
  • Residential Rental
  • 1 Beds
  • 1 Baths
  • 600 SqFt

31 S 8th St 35, SAN JOSE

$1,800
257 Skyway Dr, SAN JOSE
  • Residential Rental
  • 1 Beds
  • 1 Baths
  • 650 SqFt

257 Skyway Dr, SAN JOSE

$1,895
1920 Camden Ave, SAN JOSE
  • Commercial Rental
  • 0 Beds
  • 0 Baths
  • 19,905 SqFt

1920 Camden Ave, SAN JOSE

$2,000
1661 Burdette Dr B, SAN JOSE
  • Commercial Rental
  • 0 Beds
  • 0 Baths
  • 11,520 SqFt

1661 Burdette Dr B, SAN JOSE

$2,100
2345 Sutter Avenue 4, SANTA CLARA
  • Residential Rental
  • 1 Beds
  • 1 Baths
  • 2,910 SqFt

2345 Sutter Avenue 4, SANTA CLARA

$2,185
 

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 December 2nd, 2024 at 11:09pm PST.
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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