Last week, the Fix Housing First Coalition, a group of housing stakeholders and spearheaded by the NAHB, recently launched a housing recovery plan to boost the US economy.
Fix Housing First consists of more than 600 organizations. The goal is to push for a stimulus package to thwart declining home values and spur on economic growth.
Among other things, the coalition is asking congress to support a below-market 30-year fixed rate mortgages for home purchases.
In 1974, Congress passed a similar recovery plan which included a short-term $2000 tax credit for all new homes, along with subsidized mortgage rates.
What are your thoughts? Would this work? Do stimulus packages such as this one drive the economy?
Monday, December 15, 2008
Tuesday, December 9, 2008
New Blog Site
As we launch our new blog site here at Steere Home Builders, we're very excited. We've been wanting to begin a blog site for quite a while that our readers can have access to all of the housing related news that we have access to on a daily basis.
If you are new here, please begin by introducing yourself by commenting on the blog so that we can know you are out there and reading. If at any time you would like to request information on any particular topic, let us know and we'll do what we can.
For more information on what we do, please visit our website at www.steerehomebuilders.com
If you are new here, please begin by introducing yourself by commenting on the blog so that we can know you are out there and reading. If at any time you would like to request information on any particular topic, let us know and we'll do what we can.
For more information on what we do, please visit our website at www.steerehomebuilders.com
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