NAR estimates that the federal government's economic stimulus plan, along with lower interest rates and other mortgage relief measures, could help trigger 900,000 additional home sales in 2009, compared with conditions in the absence of the stimulus package. The association also expects home inventory to fall below an 8- month supply by the end of the year. For more info contact me at: findit@LehighValleyRealty.comSaturday, July 18, 2009
Stimulating Home Sales
NAR estimates that the federal government's economic stimulus plan, along with lower interest rates and other mortgage relief measures, could help trigger 900,000 additional home sales in 2009, compared with conditions in the absence of the stimulus package. The association also expects home inventory to fall below an 8- month supply by the end of the year. For more info contact me at: findit@LehighValleyRealty.com
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