October 28, 2009
The housing market continues to improve with robust sales and an actual less then expected drop in home prices year over year. I know from personal experience that the first time buyer tax credit is having an impact on the market and title company's, home inspectors and others are swamped. There is a bill to currently being debated about extending the tax credit which will be prorated til the end of 2010. We can hope for the best and continue to put pressure on our representatives hopefully spurring further growth in the market which is what we really need at the moment. If you haven't done so feel free to take a moment and write your representative about the tax credit and if you support it. If you don't that is fine as well (we live in a democracy, so every opinion matters).
