It's been a week since Utah announced it is offering $4,000 grants to new home buyers in an effort to help boost housing sales in the state. There were 1,950 grants available, but in the last week 18 of those grants have been spoken for. Earlier this year, the state offered new home buyers $6,000 grants, but they went quickly and many who wanted the incentive were turned away. It will be interesting to see how long this new round of money lasts. Go here to read details about the program.
There is still an $8,000 federal incentive for first-time buyers or those who haven't owned a home in the past three years. But that program will disappear by Dec. 1. For more information, read this.
Thanks, One Cheap Chick.
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