Among industry professionals, there is much debate as to what will happen in the marketplace now that the tax incentives for first time homebuyers and others to buy have now gone away. Will the sales continue? At what pace? Will there be other incentives? Where will the buyers come from?So many REALTORS are asking themselves these questions, but the REAL question is this: Now that these incentives have sunsetted...what are YOU experiencing out there in the marketplace?For … [Read more...]
NAR urges Senate to act on Rural Housing Assistance Bill
May 1, 2010 By Leave a Comment
According to this post on REALTOR.org, The National Association of Realtors® is urging the Senate to act quickly to approve House legislation passed today to extend loan commitment authority under the Rural Housing Service program to help families purchase homes in rural areas. The present commitment is expected to expire Friday, April 30.The House bill, H.R. 5017, the Rural Housing Preservation and Stabilization Act of 2010, would provide additional commitment authority under Section … [Read more...]
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