Are Roanoke Home Sales stalled due to the Congressional Wall?

By
Real Estate Agent with Damon Gettier & Associates, REALTORS- Roanoke Va Short Sale Expert

Whether you are a fan of the 1st Time Home Buyer Tax Credits or not, (I am not) we all  have to admit that they directly impact the sales of homes. 

The news media, REALTORS and lenders have all been spreading the word for the last week about Congress extending the tax credit till next April and expanding it to include people who were not 1st time home buyers.  The problem with everyone telling a story that has not become a reality is that they have effectively stalled the market until Congress makes a decision and writes it into law.  At this time, this has not happened.  Any rumor to the contrary is strictly that.....rumor. 

I urge everyone to contact your Congressmen and urge them for a resolution.  Vote one way or another...at this point I really don't care which (although I am against it).  Just make a decision and stick to it.  Let us move on with life instead of keeping us in this limbo stage.

Thanks, my vent is over!

Posted by

Damon Gettier, Broker/Owner RE/MAX 1st REALTY --ABR, ABRM, CDPE, ePRO, GRI, SRES, AHWD,  VA Licensed Real Estate Instructor

Buyer and Seller Representation

Roanoke Virginia Foreclosure Agent

Roanoke Virginia REO Agent

Roanoke Short Sale Listing Agent

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