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
2025 Pacheco Pass Hwy, GILROY
  • Multi-Residential
  • 0 Beds
  • 0 Baths
  • 2,682 SqFt

2025 Pacheco Pass Hwy, GILROY

$995,000 ↓ $155,000
2025 Pacheco Pass Hwy, GILROY
  • Single Family Residential
  • 3 Beds
  • 1 Baths
  • 2,682 SqFt

2025 Pacheco Pass Hwy, GILROY

$995,000 ↓ $155,000
0 Monterey Rd, GILROY
  • Commercial Lots and Land
  • 0 Beds
  • 0 Baths
  • 0 SqFt

0 Monterey Rd, GILROY

$16,815,000
18565 Old Monterey Rd, MORGAN HILL
  • Commercial Lots and Land
  • 0 Beds
  • 0 Baths
  • 0 SqFt

18565 Old Monterey Rd, MORGAN HILL

$3,200,000
0000 San Antonio Valley Rd, SAN JOSE
  • Residential Lots and Land
  • 0 Beds
  • 0 Baths
  • 0 SqFt

0000 San Antonio Valley Rd, SAN JOSE

$649,950
0000 San Antonio Valley Rd, SAN JOSE
  • Residential Lots and Land
  • 0 Beds
  • 0 Baths
  • 0 SqFt

0000 San Antonio Valley Rd, SAN JOSE

$349,950
105 Leavesley Rd, GILROY
  • Commercial Rental
  • 0 Beds
  • 0 Baths
  • 24,000 SqFt

105 Leavesley Rd, GILROY

$18,000 ↑ $8,760
19900 Dougherty Ave, MORGAN HILL
  • Residential Lots and Land
  • 0 Beds
  • 0 Baths
  • 0 SqFt

19900 Dougherty Ave, MORGAN HILL

$1,899,000
0 Fox Run, LOS GATOS
  • Residential Lots and Land
  • 0 Beds
  • 0 Baths
  • 0 SqFt

0 Fox Run, LOS GATOS

$399,000 ↓ $50,000
1080 Sunrise Dr, GILROY
  • Residential Lots and Land
  • 0 Beds
  • 0 Baths
  • 0 SqFt

1080 Sunrise Dr, GILROY

$1,999,999 ↑ $504,999
7483 Monterey St, GILROY
  • Common Interest
  • 0 Beds
  • 0 Baths
  • 2,000 SqFt

7483 Monterey St, GILROY

$850,000
19089 Skyline Blvd, LOS GATOS
  • Residential Lots and Land
  • 0 Beds
  • 0 Baths
  • 0 SqFt

19089 Skyline Blvd, LOS GATOS

$599,000
 

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 April 17th, 2024 at 3:25pm 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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