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CNN Money ranks Santa Rosa #1
CNN Money ranks Santa Rosa #1

Home Price Forecast 1 yr: (6.0%)

Many cities close to the Bay Area saw a huge run-up in home prices during the boom as real estate buyers branched out to less expensive markets. Santa Rosa, the largest city in northern California's wine country, was no exception: Prices grew more than 121% from 2000 to the early 2006 peak.

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December 11, 2009
Home Buyer Tax Credit

Extended and Expanded 

In an effort to stimulate the U.S. housing market, Congress has passed new legislation that:

  • Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010
  • Expands the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30,   2010
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