Just today the United States House of Representatives voted 403-12 to extend and expand the Home Buyers Tax Credit.
The National Association of Realtors has provided this helpful document summarizing the details of the new Home Buyers Tax Credit.
Following the 48-0 vote by the United States Senate yesterday, and remembering our civics lessons, the Home Buyer Tax Credit will become law effective on the date that President Obama signs the bill.
*First Time Buyer Tax Credit is $8000 ($4000 if married/filing separately)
*+Tax Credit For Current Homeowner of $6500 ($3250 married/filing
Visit Main Line Pa Today for the details of the expanded Home Buyer Tax Credit:
The Senate is working on approving The First Time Home Buyer Tax Credit Extension. Part of the proposal is to Expand The Home Buyers Credit for existing home sellers/home buyers but so far there is no Senate Vote. Possibly next week there may be a vote ready to go to the House and from there who knows?
From Soap Operas like Days of Our Lives (”tune in tomorrow for the next exciting episode”), to Dallas, we’re drawn to cliff hangers. Who didn’t tune in to find out, Who Shot JR?
Remembering Saturday afternoon at the movies…return on deposit money pennies were saved from collecting empty Coke bottles, and then spent on Saturday afternoon movie adventures. We were transported by the story, as only children can be, until these words popped onto the screen …”To Be Continued”. They were delicious seconds of anticipation. But even before I could read, I’d cover my ears from the hoots and hollers, catapulting me back to reality as the lights came up.
See Main Line Pa Today for more discussion about the First Time Home Buyers Extension:
The Third Quarter Tredyffrin Real Estate Absorption Rate is looking more like a normal real estate market instead of one drowning in inventory.
Some months I have felt like I needed a huge mop to soak up the excess inventory. And in some markets that’s still the image that resonates.
But here in Tredyffrin Township for the Third Quarter Real Estate Market, we’re showing signs of recovery. The months supply of inventory is down to 5.6 months.
See Main Line Pa Today to read more about the Absorption Rate and Months Supply of Inventory in Tredyffrin Township Third Quarter 2009:
As the Market Dynamics for Tredyffrin Township show, all of the Median Price indicators are down for September 2009 as compared to September 2008 and September 2007.
While it’s painful to write that all of the Median Price indicators are down, we could view these statistics as a positive indicator.
See Main Line Pa Today for information about Tredyffrin Township third quarter September 2009 Market:
Today is Blog Action Day 2009 l Global Climate Change is the topic that Bloggers around the world have agreed to write about with the goal of raising awareness on one critical issue that impacts each of us. Climate Change and Climate Control are big issues! Big enough to be overwhelming. But we need to resist the temptation to do nothing. We each need to accept responsibility for the future our planet in big and small ways.
I’m a proud Mom who’s often inspired by my two children and 3 precious grand children. As a real estate agent I spend my professional life helping families. And so it’s no surprise to me that our children and young people are the hope of our future. We need to educate ourselves as well as support and follow the efforts of our Children For Climate Change.
Visity Main Line Pa Today to learn more about Global Climate Change and how you can help in your own small but significant way:
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