Jul 16, 2008

Builders say tax credit will boost sales.

According to the latest National Association of Home Builders press release, builder confidence in the real estate market continues to fall.

NAHB President Sandy Dunn stated, “The worsening housing slump and the near-meltdown in financial markets last week makes it even more urgent for Congress to complete action on the housing bill now, a move that will help stabilize and restore confidence in housing and the U.S. economy.”

A portion of the housing bill calls for a tax credit of up to $8000 which the builder association believes will attract buyers into the market place.

Builder Association press release


Related Florida real estate views:

Home builder want tax credit for home buyers

Is now the time to buy a new Orlando home?

Orlando builder Taylor Morrison offering low fixed rate on new homes


- Greg Staker Watson Realty Corp. 407-304-0255

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