Positive News
H.R. 3221, the Housing and Economic Recovery Act of 2008 — which was passed by the Congress on July 26 and then signed by President Bush — allows first-time home buyers to take a $7,500 tax credit from the purchase of a single-family home, townhome or condominium. This is great news for home buyers, but also great news for home sellers as this will excite and hopefully generate more buying! If you have questions about this new tax credit, please email me at Kristan@KristanCole.com
Friday the Alaska Senate voted to award TransCanada a license to build the natural gas pipeline. The legislation now moves on to Governor Palin for her signature. This should boost confidence here in
Our local news is positive too. The new prison is slated to begin construction in 2009, Target is opening this fall, and it was announced this weekend that Costco is coming to town. This should help our struggling real estate market recover more quickly. That's good news for everyone.
Of course if you are looking for specific market information regarding your property, please email me or call me at 907-373-3575.
