Here in Valencia, Stevenson Ranch and all areas of the Santa Clarita Valley in California we are approaching a crucial cross roads! This is also true in Los Angeles County, California and the entire United States of America. The last day a first time buyer has to get the $8,000. first time buyer's credit is November 30, 2009. The buyer must own the home on or before that date in order to qualify for this credit.
It is well known that our economy is driven by home sales and home ownership. The real estate bubble bursting lead us into this recession! Home prices are down as much as 50% and buyers are now buying homes at an incredible rate. The most important use of the government's money is to continue stimulating the sale of homes. When homes sell prices rise and people spend money. This is a natural stimulation that the government can assist along the way.
Most of our financial worth is related to the equity in our homes. Having homes sell and prices rise will give confidence to the American people. Confidence is the driving force to our economy.
Your Friend & Realtor,
Tony Lewis
RE/MAX of Valencia
661-510-7975 Cell Direct
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