Randy Harden

It's the same credit as before, but with additional benefits and stipulations.

$8,000 tax credit to first time homebuyers.

$6,500 for repeat purchasers (those who have used previous home as principal residence for 5 of 8 previous years).

Set income limits at $125,000 for single and $225,000 for joint filers.

The credit is available until April 30, 2010, with a 60 day extension if binding contract is in place by April 30th.

Purchase price of home must not exceed $800,000.

The House of Representatives may adjust some details, but if no changes are made President Obama could sign it by the end of the week.

This news combined with the fact that the interest rates are being kept so low makes this a very smart time to buy property... from me. ;)

UPDATE:

THE HOUSE AND SENATE HAVE PASSED THE CREDIT EXTENTION, SO ALL OF THE ABOVE INFORMATION IS CORRECT.

For additional information, check out http://www.federalhousingtaxcredit.com

The two Wieder Realty offices have listed, sold and rented more property in Palm-Aire in the past 90 days than any other brokerage, according to MLS Statistics.

Q: How does Wieder Realty list the most property in the Palm-Aire area?

A: Here are the Top 10 Reasons why:

1. We have two local offices to serve our customers

2. Print advertisements for our listings in Palm-Aire specific magazines & newspapers, the Sun-Sentinel, and various other newpapers in Philadephia, New York & Canada

3. All of our listings are advertised heavily locally, nationally & internationally

4. We have over 20 agents serving Palm-Aire and the surrounding areas

5. Wieder Realty is Family-Owned and Operated since 1986

6. We Showcase Listings on Realtor.com, the #1 Real Estate website

7. We feature our listings on more than two dozen real estate websites

8. Both of our offices have been operating in Palm-Aire for more than 20 years

9. We send out hundreds of postcards thruout Palm-Aire featuring the best of our Just Listed and Just Sold properties.

10. www.Palm-Aire which generated 5,689 individual visitors, who in turn viewed 35,721 pages in September alone.

There are some significant news updates this week that you should be aware of:

Economic Recovery is Modest:

The Federal Reserve said on Wednesday that the economy is recovering modestly. According to the Fed, gains were "small and scattered". The general report of the Southeast part of the United States, known as the 6th District stated that "home sales continued to rebound but at a slower pace. Although layoffs eased, firms are waiting for a surge in sales before hiring."

Property Tax Appeals:

Palm Beach County officials are calling for a statewide change of the fee incurred by property owners who appeal their taxes from $15 to $50. According to the Broward County Value Adjustment Board this is a move to cover the actual cost of the appeal, and as a deterant for property owners to file appeals.

In Broward County, the appeals increased 9% to 32,411 this year.

HUD to add fair housing protection for homosexuals:

The Department of Housing and Urban Development (HUD) is developing regualtions to ensure that gays and lesbians aren't denied access to federally subsidized housing based on their sexual orientation. There's no word on how soon such changes would take effect, however it does appear that the changes are in the works.

As always, Wieder Realty stays on top of all of the latest changes and trends in the South Florida Real Estate market in order to serve our customers better.

Make Wieder Realty your local real estate expert today!

Today's Quiz . . .

Palm-Aire's Palms Championship Course is

A. IN TERRIFIC CONDITION
B. NOW OPEN 7 DAYS A WEEK
C. JUST $22 ON WEEKDAYS (Limited-time special)
D. ALL OF THE ABOVE
The correct answer is D - all of the above.

With the majority of the clubhouse remodeling complete,
we'd like to re-introduce South Florida to this hidden gem
of a golf course with this limited-time golf preview:
$22 weekdays / $35 weekends

During this promotion, Palm-Aire & PACC Card
members will enjoy additional discounts.

Must present coupon. Cart included. Add 6% sales tax. Good for
up to 4 players. Not valid with other offers. Valid thru 10-30-09.

FLORIDA RESIDENT RATES ALSO AVAILABLE
FOR OAKS, CYPRESS & SABALS!

Call (954) 975-6244 for Tee times.

Recently Normiz Realty was purchased and transferred to Wieder Realty, Inc.

Both locations are still open and fully operational. Now we have 24 Realtors selling the Palm-Aire/Cypress Bend area.

Our Normiz-Wieder office is located 1221 S Powerline Road, next to the Bagel Snack restaurant and can be reached at 954-979-9788 and 800-962-9788.

Our Wieder East office is still located at 900 S Powerline Road, between Walgreens and the Isle Casino & Racetrack. The office phone numbers are still 954-978-8300 and 888-658-1745.

Statistics from the MLS show that the two Wieder Realty offices have sold the most property within the last 90 days as well as have the most property listed within the area compared to any other brokerage.

With over 20 years of experience Wieder Realty is your best source of information when it comes to Palm-Aire and Cypress Bend properties and the surrounding areas of Pompano Beach & Fort Lauderdale. Call us at 888-658-1745 or email us at Info@Palm-Aire.com for real estate questions and to view properties for sale and for rent.