Wednesday, 14 September 2011

How Will Real Estate Respond To The Stimulus

Ah, the million dollar question.  According to the National Association of Realtors a few hundred thousand extra transactions will take place as a direct result of the real estate portion of the recently signed stimulus package.  The provision directly responsible is the $8000 tax credit for first-time home buyers that does not have to be repaid as was the case for last year’s ‘credit’. Read More

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