COMMON SENSE FOR THE TAX CREDIT EXTENSION
November 2nd, 2009 categories: Buying, Market Trends, Rants, Selling
Just as the woman in our picture is climbing a ladder, the tax credit has helped our economy climb the ladder out of the hole it has been in. The very, very best analysis of what the tax credit for first time home buyers has done and what an extension and/or an expansion of that credit could do has been written by Kay Severinsen and can be found in the Chicago Sun Times. Kay is one of the few people who recognizes that housing is a huge economic engine for our country. Just think about it–even with the most modest home purchase, the new home owner will buy a gallon or two of paint, a couple of paint brushes, perhaps some wire closet accessories or a new garbage can. And that is for the low end buyer–obviously, many, many thousands of dollars can also be spent on remodeling, new window treatments, etc., etc.,etc. This money sifts through our whole economy and is essential to the recovery of our nation’s financial system. Please, please, please read the article and contact your representative and your senator. Click here and read the whole article.
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Would you like some help sorting through Chicago real estate questions–just call me, direct is 312-981-2360, cell phone is 312-607-1306 or e-mal.
This entry was posted on Monday, November 2nd, 2009 at 2:56 pm and is filed under Buying, Market Trends, Rants, Selling. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
