farmhomesrealty

A recent Reuters report says that home sales in September reached a 2 year high! This is good news for everyone.

The National Realtors Association and local realtors associations are urging members to contact their local lawmakers to extend the first time home buyers credit. It’s even been suggested that Congress might pass a bill to offer home buyer credits to all buyers.

It’s evident the impact the housing market has on our economy. Any movement in a positive direction gives us hope that we may be seeing daylight after a long dark recession.

The National Association of Realtors says sales of existing homes climbed 9.4% in September. Much of the credit is given to the First Time Home Buyers credit.

We’ve finally found something that really works to stimulate the economy.  Let’s encourage our law makers to continue this program and keep the economy growing!

The National Association of Realtors has issued a “call to action” for all realtors to contact their local and state representatives to extend the $8000 first time home-buyer tax credit.

Officials have cautiously suggested that we may be recovering from the recession. This is partly due to the rebound of the real estate market. If we want this trend to continue, it is very important that we support the effort to extend the first time home buyers credit and possibly expand it to include all home buyers.

We all recognize the impact real estate has on our economy.  The first time buyers tax credit has played a part in stimulating the real estate market.  In order to continue the current recovery it is essential that the first time buyers tax credit be extended for at least 6 more months.   

 The current deadline for this valuable program is fast approaching.  As it stands now you must have your home bought and the transaction closed by November 30.  On average, most home closings are taking 30-45 days so it may already be too late for some.   We are asking everyone to contact your state representatives, congressman and senators to get to work NOW to extend the first time buyers tax credit.  Time is running out.

Let’s let our voices be heard in Washington and do our part to  keep our economy growing!