The Future of Home Buying Arrives in Philadelphia

House X today announced Philadelphia, Pennsylvania as one of the pilot cities to launch the American Dream 2021, expanding home ownership; featuring over 40,000 new, healthier, energy-efficient homes across the country valued at over $18 Billion with up to $364 million in stimulus by providing home buyers free renewable energy and a discounted mortgage.
The virtual home buying event is limited to selected markets in the United States–admission is free to consumers. Free stimulus incentives apply to all contracts executed from January 27-April 15, 2021 for registered home buyers.
The Philadelphia Pilot includes:
WHY: The purpose of the event is to expand home ownership by educating consumers on the advantages of smart, healthier, sustainable homes that are more efficient, lower carbon footprint and less expensive to own, operate, protect and maintain – lowering total cost of ownership. The home is more important than ever since the onset of the pandemic and the trend was a highlight at CES with smart home technology with a focus on hygiene, cleanliness, energy-efficiency and sustainability.
The National Association of Home Builders (NAHB) is finding more and more evidence that the pandemic is changing America’s home buying plans. Rose Quint writes in NAHB’s Eye on Housing Blog that the percentage of those households considering purchasing a home within the next year took the largest jump in the history of the association’s Housing Trends Report.
The new administration is also launching efforts to expand home ownership and offset costs through a proposed tax incentive. The proposal states its purpose to:
“Help families buy their first homes and build wealth by creating a new refundable, advanceable tax credit of up to $15,000. Biden’s new First Down Payment Tax Credit will help families offset the costs of homebuying and help millions of families lay down roots for the first time. Building off of a temporary tax credit expanded as part of the Recovery Act, this tax credit will be permanent and advanceable, meaning that homebuyers receive the tax credit when they make the purchase instead of waiting to receive the assistance when they file taxes the following year.”
WHEN: American Dream 2021 Pilot Program will include free stimulus incentives on fully executed purchase contracts between January 27 – April 15, 2021.
WHERE: American Dream 2021 is limited to home purchases in selected pilot cities available on 
Los Angeles/Riverside Area 
Orange County 
San Diego Area
San Francisco
Dallas/Fort Worth
San Antonio
Experts Available for Interview:
About House X:
House X World is a consumer-focused Smart Home Marketplace that empowers home enthusiasts with data and resources to make more informed decisions while making their home purchase and investing on the consumer’s behalf to make a home a smart home at zero cost to them. HOUSE X companies are consumer advocates and licensed realty organizations that exclusively represent home shoppers and buyers – not home sellers. The company serves as the primary manager of American Dream Pilot Project. The executives of House X have over 40 years of experience in representing builders, developers, Federal, State and local governments.
Media Contact:
Amy Kauffman
Phone: 214.235.6043
Source: House X