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Obama's Housing Stimulus and Miami Real Estate

By
Real Estate Agent with ONE Sotheby's International Realty

Miami Real Estate Market

What does Obama's housing stimulus package mean for Miami area home buyers? The recently proposed $15 Billion housing stimulus package as part of his American Jobs Act is designed to connect Americans seeking employment in distressed communities with the growing need to repair, re-purpose and re-sell residential and commercial Miami properties

 

Miami Luxury Real Estate

 

While the program has obvious struggles that are best debated on a political forum, it is important to note the goal of this new funding proposal is to put individuals and families into homes. No matter how you cut it, if the program works, it will provide value to the communities of Miami real estate and the surrounding Miami areas.