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american recovery and reinvestment act: Real Estate Stimulus Still Needed - HAMP a Hope - 03/28/10 07:58 PM
First-time and repeat homebuyers profited from the homebuyrer tax credit offered as part of the American Recovery and Reinvestment Act (ARRA) initiatives designed to help jump start the economy. That package helped sustain the residential real estate market through the past two years and has been particularly helpful to first-time home buyers, many of whom felt left out during the protracted increases in home prices up to 2007.
If the real estate market doesn't recover soon, it won't be for lack of trying on the part of President Obama's administration. The first homebuyer tax credit extended initially only to first-time homebuyers, expired … (2 comments)
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american recovery and reinvestment act: Stimulus Funds - 03/23/09 02:44 AM
The news media are full of chatter about the American Recovery and Reinvestment Act, more often referred to as the stimulus package, and how they are being used. Almost everyone has an opinion. Lawmakers in some states have rejected the funds. In others, they welcome whatever money is available with open arms. Most have a need to make the shortfall brought about by the worldwide economic downturn and are even critical of the way the money is being spent. A recent article in the local newspaper criticized the spending of money allocated for transportation because buses and trains were bought in Canada and in another state. The government had to justify … (7 comments)
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Eloise Gift, Albuquerque New Mexico Real Estate
Albuquerque,
NM
More about me…
Gift Realty NM
Address: 5547 Timberfalls Road , Albuquerque, NM, 87114
Office Phone: (505) 554-2183
Cell Phone: (505) 363-5156
Email Me
Albuquerque, New Mexico real estate news, views, and information about Greater Albuquerque neighborhoods, real estate market; buying, selling, investing in Albuquerque homes by Eloise Gift, Managing Broker/Owner, Gift Realty NM; information about Northeast Albuquerque, Northwest Albuquerque, Southeast Albuquerque, Southwest Heights, Los Ranchos, North Valley, Placitas, Corrales, Rio Rancho, Los Lunas.
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