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Arvada, CO

Tax Credit for Home Buyers - 'Right' or 'Wrong'? 'Good' or 'Bad'?

Joetta Fort - Realtor Denver Colorado Real Estate: Real Estate Agent in Arvada, CO

There’s a lot of controversy about government spending these days, including the extended tax credit for home buyers. I'm not going re-hash the debate, but I want to make a statement about my thoughts from the perspective of a real estate agent.

First, did the credit that is about to expire help at all? I think the obvious answer to anyone familiar with our local market is “Yes!” It most certainly turned the entry-level market around. It’s actually difficult to find a nice, 3-bedroom, 2-bath house in Arvada for less than $225,000, with simple specifications such as it doesn’t adjoin a busy street or train track.

That’s not my opinion, that’s the real-life experience of people looking for a home right now. The tax credit cleaned out existing entry-level inventory. There are more homes available in surrounding cities such as Westminster and Thornton, but the ones that aren't over priced go fast.

Along with the $8,000 tax credit for first-time home buyers, the new tax credit offers $6,500 to people who have owned a home for at least five years, when they buy a new home. I believe this will have the effect of making more entry-level homes available, and really jumping our local market into high gear.

Is it good or bad for our country? Will it help or hurt our economy? Is it morally right or wrong for me to benefit from it, in the form of more clients? I don’t know all the answers – all I know is this –

If YOU want to buy a house, and this tax credit is going to make it feasible for YOU, and YOU want to take advantage of it, I’ll be so excited for YOU and completely supportive. But YOU have got to get going NOW, especially if you have a house to sell. (You must be under contract on the new house by the end of April and closed by the end of June.)

The people that have made the most out of the tax credit thus far, are folks who bought homes that needed work, and used the funds to do a large portion of that work. These people may not have been able to buy a home at all without the credit.

The people who most need the ‘move-up’ funds of $6,500 are folks who need to move into a bigger house, smaller house, closer to an ailing family member, etc., but don’t have any equity, and don’t want to move with no money at all left in their bank accounts. Many who already have their house on the market will now see their way clear to lowering the price and getting their plans for their future moving again.

Is it ‘right’ or ‘wrong’ in the big picture? Time will tell. But is it right or wrong for YOU – that’s what matters to ME. Please, let me know if the tax credit made or is going to make a difference to you, even if you used a real estate agent other than me.

I’d really like to hear your stories.

I write posts on real estate issues and local events in the Denver metro area, especially those communities between Denver and Boulder, as a public service. My hope is to give people an idea of the 'flavor' of our community, in case they're new here or considering a move here. I've collected my local info posts here.

I am a residential real estate agent, and would love to assist you if you're considering buying or selling a home in the northwestern Denver suburbs.

Find homes for sale in Arvada and nearby communities.

Check out my website.

Life in Arvada - Neighborhoods, Stores, Things to Do, Local Info

Joetta Fort - Realtor Denver Colorado Real Estate: Real Estate Agent in Arvada, CO

Life in Arvada is the subject of several posts I've written on neighborhoods, merchants and stores, things to do, and other local info, with the hope of helping those trying to get a feel for life here.

I know how hard it can be to get a handle on the ins-and-outs of a smaller town like Arvada.  People seem to think about Denver or Boulder when moving to Colorado, but what about all those suburban towns and neighborhoods between the better-known cities? Arvada is one of those towns, and it's a sweet one.

So if you're new to the area between Denver and Boulder, or thinking of moving here, I hope you'll find the info in these posts informative and enlightening. I've gathered them here, and will keep adding links to this post as I get new ones written.

Enjoy!

(And if you have questions I can address, or if there's something you'd like to see more info on, let me know.)

I write posts focused on local businesses as a public service, and am not endorsing any business, nor do I have any sort of 'relationship' with them, other than as a raving consumer. My hope is to give people an idea of the 'flavor' of the community of Arvada, in case they're new here or considering a move here.

I am a residential real estate agent, and would love to assist you if you're considering buying or selling a home in the northwestern Denver suburbs.

Neighborhoods

New Homes for Sale in West Arvada - Whisper Creek, Spring Mesa, more

Meadowglen

Olde Town Arvada's Historic Neighborhoods

The Village of Five Parks

Village of Five Parks Sales Statistics

West Woods Ranch

Lake Arbor

Pomona Lakes

Pomona Lakes homes with 2000 Finished Square Feet

Pomona Lakes Real Estate Snapshot

Arvada Colorado Luxury Home Market Report

Wyndham Park

 

Merchants & Stores

A Butcher - Steve's Meat Market 

A Baker - Rheinlander German Bakery

La Patisserie Francaise French Bakery

Novo Coffee and The Arvada Coffee Bar

Knit Knack

A Candlestick Maker - Nature's Gift Candleworks and Studio

Things to Do in Arvada

Arvada's Community Garden

Free Concerts in the Park

4th of July Celebrations

Ladies-only Sample Tour

Kite Festival

Valentine's Day Celebration

Things to Do Near Arvada

Colorado Dragon Boat Festival

Boulder Iris Farm

Celestial Seasonings Tour

Quality of Life

Recycle Your Turkey-Frying Oil

How our Doggies Deal With the Snow

Arvada's Got Trains!

Protesting Your Tax Valuation

Colorado Tornadoes

My Newsletter on Local Events, News, and Real Estate

November Newsletter

October Newsletter

Local Real Estate Information

Check Building Permits Before you Buy a House

I have lots of other posts you might like - here's my blog. 

Check out my website.

Find all the homes available in Arvada, Westminster, Broomfield, North Denver, Thornton, Lafayette, Louisville, Wheat Ridge and Golden.

Subscribe to my blog using the button to the right.

New Tax Extend means = "Everyboby Needs a Realtor" to the video "Everybody Love Someboby..Sometime"

GARY DIGIORGIO -Denver- Arvada -Westminster: Real Estate Brokerage in Westminster, CO
We all need a little humor ....we all need 8 hours of sleep a night too.
well we may not get 8 hours, yet we can find humor thru one another....
so please laugh along with Dean and me...on this remix ....
.
Please scroll down to click on the demo.
Then please scroll back up to sing along to.....
.
---------------------------------------.
Everybody Needs a Realtor.
------------------------------------------.
.
Everybody ..needs a Realtor ....sometime.
Everybody list their home... somehow.
Something in my listining.. just told me.
That you're selling ....right now.
.
Every buyer finds a home ...someplace.
There's no telling where it may appear.
Something in my heart keeps saying.
Buying someplace.... is near..
.
If I had it in ...my contract.
I'd arrange.. for every close ..to have no alarm.
Then every minute.. every hour.
Lenders would appreciate our.. charm.
.
Every Seller finds a Realtor someplace.
And all though their dreams were ..overdue.
Your kindness ..made it all ...worth waiting.
For a seller.... like you..
.
If I had it in ...my contract.
I'd arrange... for every deal... to have no alarm.
Then every minute, every hour.
Somebody would find that we all sell with charm.
.
Everybody needs a Realtor.. sometime..
And though their dreams were overdue.
Your kindness.. made it all worth ....waiting For a client.......... like you..
.
.............................................................................................................
Looking for a great seller like you.....!!!! and a buyer too...love Referal !!!!.
Gary DiGiorgio.
The DiGiorgio Group.
9035 Wadsworth pkwy 2000.
Westminster.Co 80021.
Direct 303 898 4279.
Office 303 422 5200 fx 303 467 0211.
Gary@Di-DenverRealty.com.
Di-DenverRealty.com.

Remember the wonderful song “Downtown” Where we could forget all our problems, forget all our cares... Today it is "On Line" to the tune of "Downtown"

GARY DIGIORGIO -Denver- Arvada -Westminster: Real Estate Brokerage in Westminster, CO
Remember the wonderful song “Downtown”
Where we could forget all our problems, forget all our cares...

Well that was yesterday...today is today...when you need to forget all your problems
Forget all your cares ....you can go ....“On Line “...

So just scroll down and click on the video to listen to the gentle song
Then scroll back up the and sing along to this re write below

“On Line”

When you’re house hunting and wishing you had a home
You can always go .....on line..
When you’ve got tax problems, all the toys and the furry
Seems to help,..... you know...on line

Just listen to music of your fingers on the keyboard
Linger on my web site where the newest homes are pretty
How can you lose ?? The screen is much clearer there
You can forget all your tax problems, forget all your credit cards so.. go

On line ....things will be great when you’re
On line , no other place for sure

On line ..new listings waiting for you......

Don’t bang around and let your problems compound you
There are groovie homes ...on line.
Maybe you know some little condos to go to
Where they always close..on time

Just listen to rhythm of your fingers on the keyboard
You’ll be prancing on a web site before your time is ove
r Sappy again ?? The screen is much clearer there
You can forget all your tax problems; forget all your credit cards and go
On line... where all the homes are bright
On line ..waiting for you late night
On line...you’re gonna buy all right ..ya know...

On line....On line...On line.... On line.....

And you may find a Realtor kind to help and assist you.
A Realtor who is just like you and needs a buyer to drive.. them along
So, Baby I’ll see you there
We’ll remember all our obligations, remember all our fica scores and go

On line...listings will be great when you’re
On line....don’t procrastinate no mo..go
On line...operators will be waiting for you .......

On line.....On line .....On line..... On line.....
On line..... On line..... On line..... On line.....

The DiGiorgio Group..
9035 Wadsworth pkwy 2000..
Westminster.Co 80021..
Direct 303 898 4279..
Office 303 422 5200 fx 303 467 0211..
Gary@Di-DenverRealty.com..
..
Serving and selling Denver for over 29 years..
ARVADA***GOLDEN***THORNTON***WESTMINSTER..
I REALLY APPRECIATE YOUR REFERRALS..

Gotta love Colorado-- The 2 foot snow from last week is gone from the city and in the hills

GARY DIGIORGIO -Denver- Arvada -Westminster: Real Estate Brokerage in Westminster, CO

Gotta love Colorado-- The 2 foot snow from last week is gone from the streets and is still in the hills

Goin to be a great skiing - boarding base !!!!

snow in the hills- mountains

Gary DiGiorgio

The DiGiorgio Group

9035 Wadsworth pkwy 2000

Westminster.Co 80021

Direct 303 898 4279

Office 303 422 5200 fx 303 467 0211

Gary@Di-DenverRealty.com