Senate Moves Quickly to Stimulate the Economy Through Housing
Once the Senate and Congress finalize the stimulus package, the real estate and related industries can look forward to a busy spring market. The current $7500 tax credit is a great benefit for first home buyers, but the newly approved amendment expands the benefits and to all home buyers.
Senator Isakson, the co-sponsor of the amendment, is the former head of Northside Realty. Isakson compared the current housing crisis to that of 1974 and his ideas quickly received Democratic report with little resistance from other members of the Senate. Therefore, it is likely that this amendment will be included in the final version of the package.
Call RE/MAX Country Properties/innovations real estate at 800-222-2829 for assistance.
To view home buying options,obtain information about New England communities and search the MLS go to Virtual Homes real estate.
The following is a comparison: