I attended the NAR Convention in Orlando. During the NAR Board of
Directors meeting we were told of a four point program that NAR Leadership
was going to present to Washington. The plan has 4 basic points:
- Make the $7,500 tax credit available to all with no payback
- Make new loan limits permanent
- Government assisted lower interest rates
- Keep banks out of Real Estate.
Lots of controversy on the language at the meeting. In the end after
several attempts to adjust the wording it was passed with the thought that
no matter how much we tweaked the words we need to allow leadership the
latitude to bring the message to Washington DC. It would likely be adjusted
by both parties during the discussions. Inman News posted a report on the
proposal Here Read some of the comments on the Inman article it is quite
interesting. A lot of differing opinions.
Including a short video for you of the NAR Directors Meeting and even better,
the "Peabody Ducks" making their daily pilgrimage to the fountain in the center
of the hotel lobby.
Is there a corollary between the NAR Stimulus Plan and the Peabody Ducks??
Grand Rapids Ada Real Estate ~ Westbrook Realty
The authors of the this blog write about Grand Rapids Real Estate,
the Greater Grand Rapids MI area, and what it is like to live in
West Michigan. We believe: Grand Rapids is a Great Place to Live!
Contact Terry 616-292-7263