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How To Fix Housing Now |
The National Association of Homebuilders has representatives in Washington DC pressing for passage of a bill, "Fix Housing First." I'm behind it and encourage you to get behind it as well. In a nutshell, the two key provisions are:
(1) The federal government would offer a tax credit of between $10,000 and $22,000 (depending on locale) to anyone closing on the purchase of a home, new or resale, by December 31, 2009. The credit would not have to be repaid, which is a major upgrade from a tax credit passed last summer; and (2) The government would provide a federally-subsidized 30-year fixed rate mortgage of 2.99 for all home purchases, new and resale, closing by June 30, 2009. After that, the rate would be 3.99 for purchases closing by December 31, 2009. Visit FixHousingFirst.com for full details and a direct link to your Senator and Representative. Let's get housing fixed now! |
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Free Stuff |
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Are Your Afternoons Productive |
Do you generally enjoy your work, but routinely feel kind of fuzzy in the afternoon. Would you like to be more productive in the second half of your workday. Learn how... |
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Making Home Tax Credit Effective |
If all home buyers become eligible for a tax credit without a repayment feature, it could result in an additional 555,000 home sales - enough to meaningfully draw down excess housing inventory, according to the National Association of Realtors®. Learn more... |