Posted by: Roby Robertson | January 22, 2009

Lake Norman Real Estate:Is a Comprehensive Housing Strategy on the Horizon?

The Obama Administration and Congress are working to stimulate home sales through Troubled Asset Relief Program (TARP) initiatives and economic stimulus packages, while the National Association of Realtors® also pushes for a comprehensive housing strategy. NAR President Charles McMillan said the housing sector is at the core of the current economic crisis, and stimulating the housing market is imperative.

Part of this plan includes the elimination of repayments for the $7,500 first-time home buyer tax credit. Proponents of the plan are also hoping that this credit will be extended to all home buyers. The overall focus of the stimulus plan is to keep mortgage interest rates low, boost home buyer confidence, and reduce the current foreclosure rate. For more information, check out the NAR’s recently issued release at Realtor.org.

If you need any questions answered or would like to see homes around Lake Norman please contact your Lake Norman and Charlotte area agent at 704 451 7051 or by email!

See Also:

Be The First To See Lake Norman Hot New Listings as soon as they become available.

What would my Lake Norman Home Sell For?

Lake Norman Area No Hassle Buyer Program

Roby Robertson

 

Saving My Clients Thousands

Broker/Owner

 

Real Living In Style
Davidson NC

 

roby.robertson@realliving.com
www.LakeNormanRealLiving.com

 

Ph: 704 451 7051
Fax: 704 892 9766

Committed to Saving My Clients Thousands When Buying and Selling Real Estate


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