Blue Light Special in the Homes Aisle (://URLFAN)

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Blue Light Special in the Homes Aisle

Post Date: Sep 20, 2008 8:51 p.m.
Ranked website: woodinvillelivingundressed.neighborhoodsundressed.com (Not Ranked Yet)

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NEW LAW PROVIDES TAX INCENTIVES   It’s hard to believe that anything that takes nearly 800 pages to describe could be time sensitive, however, President Bush recently signed the Housing and Economic Recovery Act of 2008 and, for many, it may provide the incentive needed to act now, and finally buy a home of their own. Why? A new $7,500 tax credit for first-time home buyers is a temporary incentive from the government to boost interest in real estate – but the time frame to take advantage of the credit is limited.   Blue Light Special in the Homes Aisle   When retailers have too much inventory they have a sale – and the same is true in the real estate market. With home prices falling all across the nation, the real estate sale is clearly marked with “For Sale” signs everywhere you look. According to the National Association of Realtors, home prices have dropped about 7% nationally from one year ago, and the inventory of homes available i...

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Post Date: 2008-09-09 09:47:28

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