The U.S. Senate’s approval of an amendment by Senator Johnny Isakson, R-Ga., to stimulate the housing market with a $15,000 tax credit for people who purchase a home in the next year could have a significant impact on the market. Learn more about the amendment and read commentary in a New York Times article.
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I think this is a really viable way to get the pent up demand of buyers out there to pull the trigger on purchasing a home now. We have a history to show that this kind of stimulas works and this ammendment was created by someone that actually knows the real estate industry. What a novel idea! Go Johnny!