What IS selling are homes under $350K. 1st -time buyers need to know the Obama $8000 tax credit ends Oct. 31st. ,Was Nov. 31st. Interest rates are slowly going up. $8,000 tax credit or amend your taxes and get the money soon after (as long as you do...n’t owe taxes!). June rise in New-Home sales highest in 8-years. Figures nationally and in Utah may signal housing market has finally found a bottom.