Tuesday, February 17, 2009

Stimulus Bill.....

Well, the wait is over...the news for home buyers and sellers isn't what we were hoping to see....

The bill is offering $50 Billion to help stem foreclosures...I am not sure what this means today....I guess that we will find out down the road a bit.

Treasury Secretary Timothy Geithner will be getting back to us on the details of this plan..

I guess that Wall Street doesn't understand this either...at the close of business today, all Markets are down....

On the bright side...housing prices are down as are interest rates...time to buy, especially if you are a first time home buyer...

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