The Enterprise Homebuilders Association and the Wiregrass Board of Realtors are working in a collaborative effort to provide the community with a rare opportunity to visit many homes for sale this weekend.

The event gives area homebuilders and Realtors an opportunity to showcase their listings and highlight housing trends in the current market.

The Enterprise Homebuilders Association and the Wiregrass Board of Realtors are working in a collaborative effort to provide the community with a rare opportunity to visit many homes for sale this weekend.

The event gives area homebuilders and Realtors an opportunity to showcase their listings and highlight housing trends in the current market.

This will be one of the final opportunities for many consumers to take advantage of the Homebuyer Tax Credit that expires April 30. Binding contracts must be in force by April 30 and closings are required to be completed by June 30. Members of the military and certain other federal employees serving outside the United States have an extra year, until April 30, 2011, to buy a principal residence in the states and qualify for credit.

This extended rule applies to any individual and if married, their spouse, who has served on extended duty outside the U.S. for at least 90 days after Dec. 31, 2008 and before May 1, 2010. The National Association of Home Builders estimates that close to 70 percent of all potential homebuyers could qualify for some form of the current credits.

Wiregrass Board of Realtors association executive Sharon Lindley said this is the second year they have worked with the Enterprise Homebuilders and the Parade of Homes event.

"The local event coincides with the Alabama Association of Realtors 'Alabama Open House' and the Realtor 'Nationwide Open House,'" she said.

"Just in the Wiregrass we have about 150 homes in Enterprise, New Brockton, Level Plains and Daleville that will be open and marked with the Realtor blue balloons. We will have one of our 260 members in each home to answer questions and help in any way they can. Interest rates are still good and consumers need to find out if they meet the criteria and not just assume they won't qualify for a mortgage. If you have been considering buying a new home, the tax credits combined with interest rates and competitive home prices make it an ideal time to buy."

However, the Alabama Open House and Parade of Homes is not just for people who are interested in buying right now.

"This is a great opportunity to see the latest colors, trends and choices available," she said.

President of the Enterprise Homebuilders Association Arnold Woodham agrees.

"We have 16 houses in the parade this year that have been built by nine different homebuilders," he said. "This is the time to see the different styles and tastes of the builders. The homes on the parade range ins size from 1,500 square feet to 3,000."

Woodham said the Parade of Homes is not only a promotion for home sales but also is a promotion for existing home upgrades like cabinetry work, countertops, crown molding, bathroom accessories and new environmentally friendly ways to turn a home into a "Green Home."

"If you see something you like take notes and pick up one of the business cards that can be found inside the home," he said.

The Parade of Homes begins on Friday with a 10:30 a.m. ribbon cutting ceremony at 129 Brookwood Drive, in Brookwood Subdivision.

"I would like to invite everyone to the ribbon cutting ceremony," Woodham said. "Mayor Kenneth Boswell and Alabama Home Builders Association president Cliff Pittman will be there to meet everyone."

In 2009 the city of Enterprise issued 168 permits for new home construction and has issued 32 so far this year.

"I hope everyone will come and be a part of it," Woodham said. We have a lot to offer Enterprise residents and those who may be moving to the area."

To learn more about housing tax credit, go to www.federalhousingtaxcredit.com.

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