Big news tonight... The Senate just voted to give a tax credit of up to $15,000 to homebuyers.
Like to read the entire Tax Ammendment that adds the 15 K Tax Credit to the stimulas bill for 2009 tax year. Still needs to approval from the CONGRESS to become law.
http://isakson.senate.gov/Amdt_106.pdf
This may help to kick start our market. I also believe a decrease in Capitol Gains taxes would go a long way to help jump start the Housing Market. I hope it works as I know our market could use a boost.
This tax credit, along with the good deals that are out there , coupled with interest rates, at an all time low may be just what is needed.
It may work. I hope so.
Karina Morgan REALTOR, ABR, GRI
CENTURY 21 Regency Realty, Inc.
(334) 477-2694
www.RuckerPCS.com
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