I think a rebate or tax credit is a good incentive and would encourage people who might be on the fence. Also, getting mortgage rates down is another motivator. Out of the box ideas? Hmmm, how about: buy a house and get a new energy-efficient car from Detroit? Have the gov't subsidize Detroit and get them to build good, economical cars and that will save another industry.
Please take a look at the Local Pages Info we have on Seattle and on most major markets. We have TONS of data on the housing market - from negative equity to foreclosures to number of homes sold. For example, here's a look at East Queen Anne where MoM sales of homes were up 12.5%. Once you find the market you want to learn about, click the "Home Values" link on the left and you can slice and dice the data many different ways. Take a look!
According to Bloomberg News (usually a very accurate source), the Senate won't vote untilnext week at the earliest on proposals to extend both an $8,000 tax credit for first-time homebuyers and unemployment benefitsfor the nation's jobless.
If you could write a stimulus package for Real Estate, What would it include?
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