Why We Need the $8,000.00 First Time Home Buyers Tax Credit!
Anyone familiar with my comments know that I think we should keep this Tax Credit as it is the only Bailout/Tax Relief that is actually directed at middle class Tax Payers.
The NAR has waived it's magic wand and come up with these numbers to support it and it's extension before Congress. Since the Tax Credit Inventory has dropped nationwide from 9.1 months to 8.2 months. Every Home Sold pumps $63,000.00 into the economy. Putting $63,000.00 into the economy creates one new job.
NAR also went after the evil beast HVCC before congress.
Agree or disagree with the numbers (and there is a lot of room to fudge them) there they are.
Comments (3)Subscribe to CommentsComment