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What is to come of our real estate market...

By
Real Estate Broker/Owner with The Briles Company

So there has been lots of "push" for the extension of the first-time homebuyer tax credit and the ability for others to take advantage of $6500, and I have very mixed feelings.  Obviously, I want people to buy and sell homes, and I want to keep the economy moving.  The problem is that I feel like we are bandaiding the issue and not truly solving the issue.  Just like with any difficult thing in life, we have to go through pain and perseverance before we can reap the rewards.  We have definitely had pain (and I can say that have been on the fortunate side of the pain) but instead of persevering through the roughness, we are taking an easier path by throwing money at the problem. 

I keep typing, deleting, and re-typing because I feel like I could go on for several minutes on this topic and since I have mixed feelings, I could go with either side...guess I am just venting a little...

Let me know your thoughts!!  Thanks for reading!

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Melinda (Mel) Peterson
Grants Pass, OR - Bend, OR
The Savvy Broker - ABR, CRS

So true Lauren.  Although, sometimes throwing money at something works.  I just watched a program about FDR creating the CCC after the Great Dpression.  It did a lot of good for the working class, economy, and the soils throughout our nation.  It was an interesting story on Public TV.  This too shall pass :)

Nov 03, 2009 03:58 PM