If there is to be another stimulus (i personally say - just let market forces be market forces... prices adjust..) -- the move-up and luxury markets are the ones needing the most help.

See this article for more information.

The sponsor of the original Senate bill, Johnny Isakson, Republican of Georgia, is back with a new bill that would give a maximum $15,000 credit to any buyer who stays in a home for at least two years.

The Tax Policy Center, a joint venture of the Brookings Institution and the Urban Institute.

It labeled the original credit as one of the worst provisions of the stimulus package, on the grounds that the money is a bonus for people who would buy a house anyway.

The center has an even dimmer view of extending the credit to all buyers.“Is this the best way to spend money we don’t have?” asked senior fellow Roberton Williams.

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Rick Hauser, ABR, CNE, GRI Exclusive Buyer Agent - 100% Buyers

Hawthorn Woods, IL

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Relocation Advisors Group - CHICAGO IL AND SUBURBS

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Chicago Exclusive Buyer Broker - Relocation Advisors Group Inc. We offer a better form of representation for buyers because we are always on the home buyer's side - never the seller's side. Home buying tips. Home buyer advocates. Chicago area market conditions.


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