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Put money in Buyer's Pocket, Home Prices Will Rise & Millions will Avoid Foreclosure!

By Tony Lewis

Real Estate Agent with Summit Real Estate Group BRE# 01215778

June 10, 2010 05:12 PM

It's time for Congress and the President to get an understanding on how to best help our Country and the American People! Millions, Billions and now over a Trillion Dollars have been invested to help save our Country for financial ruin.

The Easiest, Cheapest and Wisest move is to extend the Home Buyer Tax Credit. We are now on one heck of a roll. Giving a new incentive to get buyers buying will allow the homes to sell quickly, prices to rise and prevent millions from losing their home.

The added benefit is that instead of bailing out States, home prices will rise thus property taxes will increase and as consumer confidence grows spending will begin. This will put millions back to work and guess what, all the money will enc up back in the Treasury. Again I say, ask a Realtor for real estate answers!

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Your Friend & Realtor,

Tony Lewis RE/MAX of Valencia, Ca. www.TonyLewis.com tonyglewis@yahoo.com 661-702-4720

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Mike Saunders

Retired - Athens, GA

Tony - I think the better way would be for the administration to just get out of the way. Governments cannot create jobs and without jobs no amount of credit will pull the real estate market out of the crapper. However, government can create an environment that fosters confidence and confident companies hire people.

Jun 11, 2010 02:43 AM

Tony Lewis

Summit Real Estate Group - Valencia, CA

Summit Real Estate Group Valencia & Aliso Viejo

Mike, I knew this would you would be against this stimulus! I believe that home ownership and equity is the largest driver of consumer confidence. This stimulus would create more jobs and the jobs created will be lasting not like adding more people to the public payroll. I do value your opinion. Can you see a better way to spend our nations money and get the type of return that the home stimulus has produced?

Jun 11, 2010 03:42 AM

Lane Bailey

Century 21 Results Realty - Suwanee, GA

Realtor & Car Guy

JOBS... JOBS... JOBS... That is what we need in order to end the housing issue... and many of the other issues. STOP blowing money on these stupid and unproductive stimulus packages. Until this administration stops the massive increases in spending and the looming tax increases on those that actually create jobs, there will be no REAL growth.

And the government isn't spending "the nation's money"... they are spending the money of our grandkids.

Maybe you should examine the Depression of 1920... Sharp downward trend REVERSED by a decrease in taxes and spending. Jobs were created... government got their budget under control...

Jun 11, 2010 04:20 PM

I have been updated that there should be a short term lull as the tax incentives run out. Expectations are that the home sales will continue to recover without need for any additional stimulation. Homes sales are expected to increase in the second half of this year.

Why would you make a statement like that on one post, and then say on another that we need more wasteful government spending to keep the market going?

Jun 11, 2010 04:28 PM

Lane, I am located in Valencia, Stevenson Ranch and Santa Clarita, California. Our community is well on the road to recovery. However it is evident that there are many home owners that will lose their homes throughout our nation should home prices continue to stay as low as they currently are valued. We need an influx of money to get prices on the rise and stop the Banks from taking over more and more homes. It would be great to get the Banks out of their lofty position of controlling the real estate market. You see I dislike the fact that these same Banks have chosen to allow so few Realtors share the wealth. They are self serving and need to get back to lending. I want to see a market in which and willing buyer and seller determine the market place once again!

Jun 11, 2010 05:35 PM

Let's allow buyers and sellers to determine the price... That is a MUCH better idea than allowing the government to falsely prop up prices...

Jun 12, 2010 02:45 PM

Put money in Buyer's Pocket, Home Prices Will Rise & Millions will Avoid Foreclosure!

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