Archive of stimulus bill

The Media Doesn’t Sell Real Estate, Agents Do

So like everyone else, I’m pretty sick and tired of all the constant negative talk about the real estate industry that the media seems to spew on us on almost a daily basis. It really gets to me when they make huge sweeping generalizations about the real estate market across the nation. So with the help of some of my close real estate friends, I thought I would provide a glimpse into some local markets to see how the “feet [...]

Read more »

What does the Stimulus Bill do for Home Buyers?

The stimulus bill, formally named the “American Recovery and Reinvestment Act of 2009″ is broken up into several initiatives. However, we’re interested in how this will impact the housing industry specifically.

There’s an additional benefit for some homebuyers in the bill awaiting President Obama’s signature. First-time buyers can claim a credit worth $8,000 – or 10% of the home’s value, whichever is less – on their 2008 or 2009 taxes.

First-time buyers include people who have never owned a home before as [...]

Read more »