Housing Market Stimulus Plan
January 25th, 2008Washington’s new economic stimulus plan, made public this week, contains key provisions designed to stimulate the housing market. The greatest impact of this proposal is expected to occur in those markets that need it the most, according to CNNMoney. The proposal submitted by Congress and the Bush administration would place the majority of the focus on the hardest-hit markets like California and Florida by making it easier to purchase a house with a selling price in the range of $417,000 to $625,000.
