Get ready for a Jolt in the Real Estate Market!
The national recovery is about to begin!
$15,000 Tax Credit
To All Homebuyers for Primary Residence
The Senate Republicans yesterday pushed through by unanimous voice vote a new provision in the Stimulus Package to give homebuyers a tax credit of ten percent of the value of new or existing residences, up to $15,000. This new provision would have no repayment of the tax credit and the law would be in existence for one year from the start of the Stimulus Package. It is expected that the final vote of this bill could be February 13th. President Obama has indicated that he will support the measure.
Keep your fingers crossed that this passes, people!
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