Buyers Wait for Stimulus Package Details

After much debate, reports indicate that lawmakers have finally reached a compromise regarding the stimulus bill. The final draft is expected to reach the President’s desk by Monday. The $15,000 buyer tax credit, according to preliminary reports, has been reduced to an amount of $8,000.

Many potential home buyers have been in a holding pattern waiting for the details of the stimulus package. These hesitant buyers will soon have the specifics of the new stimulus bill and will be able to make informed decisions about purchasing a new home.

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http://www.cnn.com/2009/POLITICS/02/12/stimulus/index.html

http://money.cnn.com/2009/02/12/news/economy/stimulus_revamp/index.htm?



http://abcnews.go.com/Politics/Business/story?id=6862083&page=1

Seeking Opportunity In The Midst Of The Chaos!

Is it Time to Buy??

Among the dark clouds of the housing market lurks a silver lining ready to be taken advantage of by today’s savvy buyers and investors. Although markets cycle, real estate is a wise long term investment, and today’s “perfect storm” of undesirable financial events has yielded some extraordinary buying opportunities.

There are an abundance of houses on the market with great bargains seemingly at every turn. Buyers are finding value in reduced properties, foreclosures, short sales and even new construction. These exceptional buying opportunities, coupled with historically low interest rates, could possibly be a once-in-a-life-time event!

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