This home is the ONLY private beach front estate available in the ‘upscale’ community of Playa Hermosa, Guanacaste. Beautifully landscaped grounds flow directly onto one of Costa Rica’s most beautiful beaches.
Truly a mini resort with its full sized private pool, fruit trees, pool table and service staff, the villa invites you to the vacation home of your dreams. The pristine waters of Hermosa Bay rhythmically lap upon the shore a “stones throw” away. Sunsets explode in a kaleidoscope of colors directly in front of your private veranda. The main home is 5 bed room & 5 bath, 5000 square feet and the lot is over 3481 square meters (36651 square feet) Separate guest house and 4 bay garage.
Only 20 minutes to the Liberia Airport
NOW $2,900,000 Just reduced by $800,000
Michael H. Mills
RE/MAX Prestige Ocean Properties
Located in the Hacienda Del Mar Sales Center on the Las Trancas Rd. in Playa Panama, Costa Rica.
Office: 001-506-2672-1298 Cell 011-506-8827-5418 FAX 011-506-2672-0251
Toll Free 1800-418-4941

Email: michael@costarica-realestate.com Web: http://www.costarica-realestate.com

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The First Time Homebuyer Tax Credit has been extended and expanded, and the details can be found in our most recent special edition.

For December, we take a look at the results the incentive had on stimulating home sales since 2008.

According to the IRS, about 1.4 million people have taken advantage of the first time homebuyer tax credit.

Not surprisingly, California ranks number one with the number of people filing a claim for the tax credit, while Alaska and Wyoming are among the states with the fewest number of claims.

But those numbers dont tell the whole story. For more, we go to Bryon Ellington. Bryon?
Bryon: Thanks, Jay.

According to the Internal Revenue Service, every state in the Union has participated in the First Time Home Buyer Tax Credit.

If we look at the results according to the total number of claims, heres how the rankings shake out:

California is number one with more than 160 thousand tax payers taking advantage of the first time home buyer tax credit.

Texas is number two with over 131 thousand.

And Florida is number three with over 105 thousand.

But when we look at the data in terms of per capita claims, or the percentage of folks in each state who took advantage of the tax credit, we get radically different results.

Heres a look at the top three in terms of per capita participation in the tax credit

Nevada is in the number one position with more than 20 thousand claims out of a population of 2.6 million.

Utah is in the number two position with over 17 thousand claims out of a population of 2.7 million.

And Arizona is in the third position with over 38 thousand claims out of a population of 6.5 million.

Whats more, we find Alaska moving from near the bottom of the rankings to number 26 above California! And Wyoming, the least populated state in the U.S., moves to number 16. Thats just a bit behind Texas in terms of per capita tax payer participation.

Back to you, Jay

Jay: Thanks, Bryon. Thats it for This Month in Real Estate. Thank you for joining us.

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