Comments on: Obama’s Recovery Plan, Including The $15,000 Tax Credit For Home Buyers Is Leaning Forward.

By: 8000 tax credit

8000 tax credit — Tue, 17 Feb 2009 08:23:18 +0000

Also note that the package says: 8.000,- OR 10 % of the homes value wichever is less. not sure if some houses has a value above 80.000,-. And don't forget: its just for the 2008 and 2009 taxes.

By: how to stop foreclosure

how to stop foreclosure — Tue, 17 Feb 2009 07:52:14 +0000

and still they are spending so much in Afghanistan. This sucks.

By: 8000 tax credit

8000 tax credit — Tue, 17 Feb 2009 00:23:18 +0000

Also note that the package says: 8.000,- OR 10 % of the homes value wichever is less. not sure if some houses has a value above 80.000,-. And don't forget: its just for the 2008 and 2009 taxes.

By: Andy

Andy — Wed, 11 Feb 2009 11:52:14 +0000

Looks like the tax credit will happen. The question is will if make people buy homes. Unless unemployment is addressed, my answer is no.

By: Haynes

Haynes — Sun, 08 Feb 2009 23:25:05 +0000

Along with the suggestions above drop the interest rate back in the 4's%. This along with the $15,000 tax credit and allowing mortgage lender ability to loan with 30-40% down to foreign nationals would stimulate the housing market + eleviate some foreclosures.

By: Audrey

Audrey — Sun, 08 Feb 2009 11:42:13 +0000

Ken, Good stuff. This should definitley help the housing market. Hoping the folks will feel more positive and move forward to stimulate the econonmy.