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Economic Stimulus plan!
As I am sure you are aware, the Senate will be voting on the Economic Stimulus Plan very shortly. Restructure Builders say: Yes We Can! with our Economic Stimulus Pricing! Trenton At Westwood Townhomes - prices start at $314,500.
Restructure Builders say: Yes We Can! with our Economic Stimulus Pricing!
Homes located at 26th Ave SW & SW Trenton St. Beautiful, modern townhomes combine simple lines with a quality feel. Spacious interiors with 8 available homes featuring 1,717 sq ft interiors and 231 sq ft garages. Each home has three bedrooms and 2 1/2 bathrooms. Floor plan allows for an easy house share with two master suites on different floors. Large, professionally landscaped and fenced private yards. Environmentally friendly energy efficient all-electric homes with renewable resource bamboo flooring & electric fireplace adjacent to Westwood Village and 1/2 block to Metro. Sell your car and shop locally!
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Vote For Living & Saving Green!
As I am sure you are aware, the Senate will be voting on the Economic Stimulus Plan very shortly. Our Government Affairs staff in Washington D.C. has just informed us that a Senate vote on the Economic Stimulus Plan could occur as early as tomorrow, February 6. We have also been advised that special Amendment #353 to the Plan, a provision for the Federal Government to buy-down mortgage rates to 4.5% or less for a 30-year fixed rate loan for the purchase of a primary residence, will be voted on as early as TODAY. Without question, a 4.5% or lower, 30-year fixed rate mortgage would help stimulate housing sales and would also open the door to hundreds of thousands of new potential buyers by greatly improving housing affordability.
Congress and the U.S. Department of the Treasury must enact legislative and regulatory priorities to stabilize the housing market and help stop the U.S. financial market’s rapid deterioration, and on Friday, five freshman U.S. senators took decisive action toward this goal.
“For months the National Association of Realtors® has urged the importance of stabilizing the housing market to help the nation’s economic future,” said NAR President Charles McMillan. “Although steps have been taken, the focus has not been on housing in the way it needs to be. We thank and congratulate five of our country’s newest senators for their leadership in pushing for decisive action to, in their words, ‘restore vigor to our nation’s slumping housing industry.’”
Last November, NAR presented a four-point plan developed to spur home sales and stem the rapid rise in foreclosures by lowering mortgage interest rates and unclogging the credit market, extending the home buyer tax credit, making the increased loan limits permanent, and increasing liquidity in the both the commercial and residential real estate market.
On Friday, Sens. Jeanne Shaheen, N.H., Kay Hagan, N.C., Mark Udall, Colo., Tom Udall, N.M., and Mark Begich, Ark., called for their Senate colleagues to focus on housing in the American Recovery and Reinvestment Tax Act of 2009, S. 1, and to expand the home buyer tax credit through the end of 2009. In a letter to their colleagues, the senators noted that the housing industry has long been the engine that drives our economy and recommended extending the tax credit until the end of 2009 to encourage aspiring and qualified home buyers to come off the sidelines and significantly reduce the nation’s high housing inventory.
Learn more about the author, Michele Protzeller.
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