The housing market still has a steep hill to climb to fully recover, there are however good signs indicating the recovery may have begun. The $8,000 First-Time Home Buyer tax credit has helped to stimulate growth in many areas. Without the tax credit the housing market would surely be a whole lot worse off than we are today.
On December 1st the $8,000 tax credit will expire, leaving question as to what will become of the local real estate market and economy as well as the national markets. It is my opinion that the signs of recovery we are now seeing will diminish and will have a severely negative affect on the economy.
Join myself and thousands of other Realtors who have taken action by writing to your congressmen. As their constituents and concerned citizens, you can have a voice and a positive impact on getting the Federal tax credit extended and expaned. uncertaintly about the future of the credit will dampen consumer demand.
We have already gained traction and momentum but we need the tax credit to be extended soon. Please help out by sending a letter to your representatives requesting that the first-time home buyer tax credit be extended well into 2010.
Please follow the link to identify your representative and gain their contact information.
http://www.utah.gov/government/contactgov.html
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3 comments:
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