Housing & Economic Recovery Act of 2008

In a previous blog entry dated July 26, 2008 I mentioned the New Housing Rescue Bill. Great news! President Bush just signed this bill into law. The Housing & Economic Recovery Act of 2008 has now become a law! This is great news for consumers and our country. Homebuyers will now soon have access to better options for financing and first time homebuyers (or those who have not owned for 3 years) will get a tax credit that will help them get into the real estate market. If you would like to read more about this new law click on the link below.

Housing & Economic Recovery Act of 2008