Below are two news article links for the proposed $15,000 homebuyer tax credit recently added to the US Senate’s version of the economic stimulus bill. In light of the constantly fluctuating status of our economy, the proposals and options to help revive the economy change every day. Helping the housing/homebuyer market seems to be a bill cornerstone, though, that both parties and the executive branch all hope to keep a focus on.
http://www.google.com/hostednews/ap/article/ALeqM5gk-O6w-BLfUXwpefbNc-d3Z2X6-QD965PNM80
http://www.nytimes.com/2009/02/05/us/politics/05stimulus.html?hp
Additionally, a 4% fixed 30-year mortgage plan was defeated:
http://www.google.com/hostednews/ap/article/ALeqM5gFSu3GqniGVvNSQKACosXSPETSNwD965NDUO0
While I am not, in any way, asking you to form an opinion or follow an opinion that I have of a proper solution, if you are of the inclination to get involved in the political process and you do feel this type of home buying stimulus would be beneficial to our business/market, now would be a good time to send an e-mail, make a call, etc., to our respective Senate & US Representative to encourage this measure.
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