Dear Santa,
Please see the link below:
Tax credit spurs rush of November home buyers - MarketWatch
I really hope Rudolph and The Boys are rested, 'cause it looks like you have a lot more stops to make.
Because there has been no viable alternative, I have been a supporter of the First Time Home Buyers Tax Credit, and now The Extension. Naysayers will immediately point to the raw cost of this program, and they have a point. But the link shows, the tax credit is motivating people to buy.
Perhaps just as importantly, the tax credit is also generating positive headlines. Call me an optimist, but I feel that this program is having a motivating effect on new buyers. And over time, it will lead to buyers starting home improvements, hiring contractors and buying large ticket home appliances. If there is a viable, workable alternative, I welcome any discussion you may have. In the mean time, enjoy a positive headline. I promise, it won't kill you.
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