
Home buyers and Americans receiving unemployment benefits both got the word that a bit more money and time is coming their way. On Friday, President Obama signed into law a bill that extends unemployment benefits and the First Time Home Buyers tax credit, which is also being expanded to include benefits for home buyers who aren't on the first time around buying a home.
If purchasing a home is in the future for you or anyone you know, you can get all the details of the home buyer's tax credit in the upcoming week's Blog series. But first, here are a few additional details from last week...including important job market news. The official Jobs Report from last week showed that there were 190,000 jobs lost last month, higher than the 175,000 job losses that were predicted. It is really heartbreaking to imagine what 15,000 families now without at least one source of income looks like. That is overwhelming on a human level. i think it is easier to talk numbers rather than lives. Talking about lives puts a qhole new dynamic. (sniff) I guess that is why I prefer residential real estate over commercial. Real people, real lives.
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