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The Economic Stimulus Package

By Coco Clayman-Cook

We've all been waiting to see what help for home owners would be coming down the pike. The new $8,000 refundable tax credit may not be all that we had hoped for, the $15,000 tax credit had a nicer ring to it but it was split over two years, still this is at least a jumping off point.

With the cost of owning approaching the cost of renting more and more people should be moved to buy. An $8,000 incentive will hopefully be the straw that topples the camel's back and encourages more buyers to the market. Let's all hope that more hope is on the way.

In the meantime it is so important that we all stay positive and roll these new policies out to as many people as they can help.

Posted by Coco Clayman-Cook on 04/27/2009 07:33 PM

Comments (6)

Staying Positive in the Sales Strategies / Tactics Channel

coco claymancook, staying positive, recognized luxury condo realtor, los angeles real estate, beverly hills real estate, west hollywood

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6 Comments on The Economic Stimulus Package

APR

I appreciate your blog and just subscribed.
Make it a great day!

I think its time to stop waiting ..and start acting if buyers keep waiting the "best deal bus" may pass them by.

I do think that many Realtors are waiting for this magic fairy dust to boost the economy, but at the end of the day, people are still buying and selling real estate. We just need to get out there, spread the word, and make real estate happen!!!!!

Thank you for your post!

- Harrison

Hi Coco! If these incentives don't push a buyer to actually buy, what will? Too bad the incentive isn't for everyone!

Great post. Yes, the time to move forward is now.

It is what it is. More would be better but it's better than the first version. Nonetheless, people still want to buy regardless of any incentive (relocation, bigger family, low prices, etc.). I say increase lead generating activities and don't stop until retirement.

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