Real estate blog entries tagged with economic by Jon Wnoroski, Summit County Realtor (America's 1st Choice RH Realty Co., Inc.)

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Home : Blogs : Jon Wnoroski, Summit County Realtor : Jon's Blog : Tag "economic"

economic: Housing and Economic Recovery Act of 2008 - 07/31/08 03:43 PM

I just got this from one of my contacts and would like to pass it on for all to review:
Key elements of the Housing and Economic Recovery Act of 2008 include:
A temporary first-time home buyer tax credit. The tax credit will stimulate home buying, reduce excess supply in housing markets and shore up home prices. FHA modernization and expansion. A revitalized FHA will have greater flexibility to respond to the needs of borrowers, enable more working families to become home owners and play an important role in the mortgage markets. To address the foreclosure crisis, the FHA is given … (5 comments)

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Jon Wnoroski, Summit County Realtor

Green, OH

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America's 1st Choice RH Realty Co., Inc.

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