Today, House Bill 261 was signed by Governor Sonny Perdue. This bill provides an $1800 tax credit which would be taken over three years. This bill is immediately in effect and is meant to spur the housing market. The amount of the credit will either be $1800 or 1.2 percent of the purchase price (whichever [...]
Georgia Housing Tax Credit Bill
Window of Opportunity
In recent months, I have been talking to you about the “window of opportunity” when it comes to mortgage lending. As I type this post, rates are within a half a point of the lowest rates in country’s history. If you have been sitting on the fence waiting for 4% interest rates, here are a [...]
Positive Action for Mortgage Rates
According to the Washington Post this morning, the Treasury Department is considering intervening into the mortgage market. This intervention would dramatically force down interest rates. They are actually talking about driving rates down to an interest rate of no more than 4.5%. The National Association of Realtors feels this would definitly boost the housing market. [...]
Gwinnett Market Report for October
Gwinnett County Real Estate Market Report 10 08 View SlideShare presentation or Upload your own. (tags: market gwinnett)
