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What happened to Home Buyer's Stimulus?

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Services for Real Estate Pros with http://4114Info.com

Senate Adds $15,000 Home Buyer Tax Credit to Stimulus

That was from February 5th. Would that have been nice or what? It would have sparked our website, I'm sure! I mean, AIG gets to hand out $130Million of our dollars, some of it to keep employess that weren't even still working there? And we don't get this?  It would be nice to see this coming, even if it is half this amount.

The beginning and the end of a recession is in direct correlation to the housing market. I think a $900,000 home in Oakland isn't worth $900,000 and that's part of the problem. But that will continue as long as they have a grip on the Bigger Sucker Theory.

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Stephen Wigg

Webmaster - 4114Info.com

Comments(2)

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Eric Reid
Renaissance Realty Group of Keller Williams Atlanta Partners - Lawrenceville, GA

I think we have to STOP looking to DC to restart the market and rememebr that Real Estate is local local local and get out there and educate buyers.

Mar 18, 2009 02:15 AM
Stephen M. Wigg
http://4114Info.com - Omaha, NE
4114Info.com

Exactly! My partner found a great home for a great price! And locked in a great rate! If you're not going to buy for an investment in the short-term, now IS the time to buy the right home. And that whole "Buyer's Market" thing isn't affecting prices on great homes now or ever.

Mar 18, 2009 02:32 AM