The $8,000 First Time Buyer Tax Credit You've Heard All About

And now here it is! This is the link that will tell you who is eligible. This credit does not have to be paid back and you have until 12/31/09 to purchase a house to become eligible for the credit!

http://www.federalhousingtaxcredit.com/2009/glance.php

Per the Federal Housing Tax Credit web site!

And the Newest Link to this Housing Tax Credit is:

http://www.federalhousingtaxcredit.com/

Ways to Live Green

You've probably all read this....heard this.....seen this on TV. Ways to live green....At our house we have a programmable thermostat and use it, recycle faithfully, are starting to compost this year, will grow our own garden, are judicious in our use of our vehicles, turn our lights off (everyone of us is good at this but one...and we won't mention names). But check this out...and there is an additional web site you can check out for more good ideas!

http://www.nwmls.com/discover/index.cfm?SectionGroupsID=25&SectionListsID=25&PageID=4875

This was posted in the NW Reporter this month, linked to the NW Multiple Web Site.

MSN Announces Great Time To Buy

There are lots of articles available for your viewing pleasure lately. Let's face it, the media does just so love to sensationalize the vast majority of information floating around out there. I've chosen to pick and choose what I post here. The market is what it is and will turn around. This also happened to almost this extent in our area from 1990 - 1991 and almost 1992. It was tough then for Sellers to see the market go from huge price increases to price falls. It is tough now. But for Buyers...we're in an opportunity not seen for a long, long time! And in case you're wondering if it is tme for you to get off that fence and ride.....here's an interesting article. This indicates that real estate is still a fabulous investment. See what you think!

http://realestate.msn.com/article.aspx?cp-documentid=17856930

NW Report News Says 2009 Year of Our Stabilization

Who can predict the future? Not I. But I do agree that it seems as though this is the year we will stabilize our housing prices. I've read three articles this past week-1 from Standard and Poor (previously reported), 1 from Moody Report, and this NW Reporter Article I'm attaching that seem to indicate that they expect Q3 2009 to be the turnaround spot. 2 of the 3 articles say they expect prices to go down in this area another 8 - 14.9%. While that is not great news, this particular article also says that new home inventory is down by about 20% over last year. This is a correction that needed to happen. Now where is that stimulus package when you want it NOW!

http://www.nwmls.com/discover/index.cfm?SectionGroupsID=25&SectionListsID=25&PageID=4870

Standard and Poor Report Neutral Close to the Bottom Housing Market in 2009

This is an interesting article on msn.com about predictions for the housing market situation in 2009. It indicates projections that would mean we'll be "bumping along the bottom" in the next 6 - 9 months (consistent, I must say, with my earlier thoughts) with better news in 2010. Here's the link, see what you think!

http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=BWK&date=20090202&id=9568091