Real Estate Stimulus
It is encouraging to know that real estate sales are on the rise. The majority of real estate agents are walking around once again with a smile and a bounce in their step because of this increase in sales. A good amount of these sales are due to the real estate stimulus efforts by our Federal Government. One of their better judgment calls as of late.
Giving first time home buyers a nice tax credit has made a major impact on so many people and has people who would have never even thought about buying a house looking around to see what they can find. And now they have extended this tax credit, once again, and it’s including other options as well. Folks that have lived five years consecutively in the past eight years can receive up to $6,500 from Uncle Sam.
I’ve found a good overview of the extension at Coldwell Banker’s web site, they have an interesting short video that I’ve placed below for your information. This can mean some serious money so it’s good to try and get the word out, if you know what I mean. Once again I have to thank YouTube.com for allowing us to view videos such as this one.