As if we need more incentives for home buyer's to enter the market!!!
President Obama is expected to sign into law today the stimulus package aimed at helping our sagging economy toward a turn around. Part of that plan is to offer an $8000 tax credit to first time home buyers.
So in addition to great selection, historically low interest, low prices, now free money!!! What gives?
Despite all the positives, first time home buyer's have been reluctant to enter the housing market. With all the news focused around the housing market being bad, many buyer's are needlessly scared off.
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