If you are currently homeowners and owned your homes at least 5 years would be eligible for tax credits up to $6500. The credit is good for purchase your principal homes costing $800K or less and would be phased out if you made more than $125K or $225K for joint filers.
Senate voted on Wendesday to extend First-time homebuyers tax credits of and expand the tax credit to include
buyers who already own homes.
In my opinion, the home buyers credit extend to existing home owners defintely a good idea cause the $8000 credits actually helped a lot of my first time home buyers to pay for their closing cost and to digest most the starter homes and foreclosured homes inventories priced under $250K in our area. But we have a high inventories which are priced $315K or up and so I can see once the $6500 credit approved by the house and will have a positive impact and to reduce those range. But you will need to meet the time limit and income limit in order to get the $6500.
To qualify for the tax credit, you will need to sign a purchase agreement by April 30, 2010, and close by June 30, 2010. Anyway, it defintely a good news to a lot of existing home buyers and I can see a lot of my buyers will able to take advantage the $6500 tax credit and is defintely one step forward to stabilize the existing housing market! I can see the housing recovery is right at the corner....
Anyway, it is not final until it is passed by the House but will defintely keep you update and talk more how you can take advantage the $6500 credit if you want to trade up your current homes.
Hannah Chan Broker, GRI - Your Entrusted Real Estate Advisor in Traingle
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Email: caryraleighrealty@yahoo.com
Website: http://www.caryraleighrealty.com
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
If you like to read or you like to buy some good bargain books and you will not want to miss this annual Public Libraries' Booksale which offers 300,000 books at bargain prices. Only cash and checks are acceptable for payment. You are encouraged to bring hand trucks and/or push carts.
Where:1514 Garner Station Blvd., Raleigh, NC 27603 in the South Station Shopping Center

Booksale Hours & Dates:
| Saturday | Nov. 14 | 10 a.m. | - | 8 p.m. |
| Sunday | Nov. 15 | 10 a.m. | - | 6 p.m. |
| Wednesday | Nov. 18 | 10 a.m. | - | 8 p.m. |
| Thursday | Nov. 19 | 10 a.m. | - | 8 p.m. |
| Friday | Nov. 20 | 10 a.m. | - | 8 p.m. |
| PRICES FOR THE FIRST 5 DAYS ARE $4.00 FOR HARDBOUND BOOKS; $1.00 FOR PAPERBACKS |
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| Saturday | Nov. 21 | 10 a.m. | - | 8 p.m. |
| HALF PRICE DAY: HARDBOUND BOOKS $2.00; $.50 FOR PAPERBACK BOOKS |
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| Sunday | Nov. 22 | 10 a.m. | - | 6 p.m. |
| $5.00 PER BOX; $2.00 PER BAG BAGS & BOXES PROVIDED BY THE LIBRARY---CUSTOMER PACKS. |
For more information about the 2009 sale, email Dale Cousins at dale.cousins@wakegov.com
The 2008 Wake County Public Library Book Sale collected nearly $182,000 in revenue and you can tell how many book they sold last year....
Hannah Chan Broker, GRI - Your Entrusted Real Estate Advisor in Traingle
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Email: caryraleighrealty@yahoo.com
Website: http://www.caryraleighrealty.com
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
Timely Analysis on Policies, Understanding challenges and Opportunities
On November 1st, the latest information on national macro economy, scientific development and technological innovations in China, and the opportunities, incentives and procedures for overseas Chinese returning to China, will be shared with the audience at North Carolina State University. A delegation from Overseas Chinese Affairs Office of the State Council, Ministry of Science and Technology , Academy of Macroeconomic Research at Department of Project Planning and Management and National Development and Reform Commission of People Republic of China. The Chinese delegation will offer great insight into challenges and opportunities in China and also answer questions at this event.
2:00~4:00pm, Sunday November 1st , 2009
SAS Hall 2203, NC State University, 2311 Stinson Dr, Raleigh, NC
Building 32A, North Campus
http://www.ncsu.edu/facilities/buildings/sashall.html
Parking Lot of SAS Hall (Math and Statistics Building)
Guest Speakers:
Major Shift in Science & Technology and Opportunities in Various Industries in China"
by Mr. Qiming Wang
Mr. Qiming Wang is the Counsellor for the Ministry of Science & Technology of People's Republic of China, who is currently overseeing Asia and Africa affairs. Mr. Wang will elaborate on the on-going major transition of science & technology development in China. The Chinese government is taking steps to innovate rather than imitate and is determined to proactively integrate and utilize global resources. It provides tremendous opportunities in the development of industrialization, therefore guiding towards creating a more open, efficient and greener environment
| "The ‘Changed' and ‘Unchanged' Factors in Chinese Economy During Recent Financial Crisis" by Mr. Yulong Shi |
Mr. Yulong Shi, deputy director of Department of Macro Economic Research and Management of National Development and Reform Commission of the People's Republic of China, will focus on the "changed" and "unchanged" factors in the current economic environment due to the global financial crisis, with its deepening effect now on industrial entities. Therefore, the Chinese government are taking effective measures to speed up the process of reorganization of the economic structures and shifting the governmental policies to ensure a consistent GDP growth and smooth development to modernization in China |
RSVP: email cynthiaqiu@gmail.com before 5pm, Friday October 30th, 2009, please note that talk will be given in Mandarin and this event is free of charge.
If you are watching closely what is happening in the past couple weeks...you will find Research Triangle Park (RTP) is attracting more and more companies and families attention!!
According Triangle Business Journal
-Dallas-based ACS (NYSE: ACS) Affiliated Computer Services is hiring for about 150 positions at its Raleigh call center, the company announced Monday. ACS currently employs 2,600 in North Carolina, including about 2,300 in the Triangle.
-Stiefel laboratories was acquired by GlaxoSmithKline has announced it will shutter its 200-plus employee operation in Duluth, Ga and relocate to RTP next year and GSK employs about 4,000 people in its U.S. headquarters in Research Triangle Park.
- AAIPharma Inc a clinical research organization that was based in Wilmington, has changed its name to ZeeCRO and moved its corporate headquarters to Cary.
-Raleigh has the 28th lowest uninsured rate among the nation's 70 largest cities, according to new data from the U.S. Census Bureau with 16.73 percent of its population not covered by health insurance.
-North Carolina tied with Arizona and Washington as the sixth most popular states in the nation when it comes to where people want to live, according to a Harris Interactive poll.
-People in the Triangle made more money, with fewer living in poverty, last year despite the worst economic conditions in decades, according to data released Tuesday by the U.S. Census Bureau
Be honest with you, the list can keep longer and longer...and if you are still thinking is this a right place for your family, your business and your retirement???? Do your homework and come and see and you will find out yourself!! Of course, you will want to give me a call so you will not get lost cause we had so many new roads and shopping which your GPS may not able to recognise the address :)
Hannah Chan Broker, GRI - Your Entrusted Real Estate Advisor in Traingle
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Email: caryraleighrealty@yahoo.com
Website: http://www.caryraleighrealty.com
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan

I would like to share the "New Listing" Highlights in this Issue!
FOR SALE:
Georgetown at Preston - Beautiful 2 story home in Preston For Sale/For Rent. Private fenced yard and Prime Location! Close to Golf course, parks and shops $359000/2720sqft
FOR RENT!
Upchurch Farm - Georgeous 2 story home FOR RENT in the most popular subdivions FOR RENT! Top Schools and great floorplan. Dec availability. $1850/3008sqft.
Amberly - $1700/3257 sqft Great Cary Location in pool and fittness community FOR RENT! Close to RTP, Highways and Move in Ready!
Beacon Cove - Nice 2 story, 3 brs, 2.5 bath Home in Cary with partial lake view FOR RENT! Ready Jan 2010 $1150/1700sqft!
Hannah Chan Broker, GRI - Your Entrusted Real Estate Advisor in Traingle
Broker/Owner
Cary-Raleigh Realty, Inc.
919-426-1854
919-468-1570(Fax)
Email: caryraleighrealty@yahoo.com
Website: http://www.caryraleighrealty.com
Blog: http://caryraleighapexmorrisvillerealestate.blogspot.com/
Profie: http://www.linkedin.com/in/hannahchan
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