NAR: Senate Stimlulus, Treasury Plan Good Start
Daily Real Estate News | February 11, 2009
The NATIONAL ASSOCIATION OF REALTORS® praised the Senate for passing its stimulus bill that expands the homebuyer tax credit, an important housing component that will help shrink housing inventories, bring stability to home values, and move the country closer to an economic recovery.
The bill now heads to conference committee to reconcile differences between the Senate and House versions. Congressional leaders hope to have the bill ready for President Obama’s signature by the weekend. NAR will continue to press the need for housing stabilization measures with Congress and the Obama administration to make housing a primary component of the government’s economic recovery plans.
