Huntsville Real Estate: The Best-Laid Plans

By: Huntsville Real Estate Expert Mike Manosky On December 12, 2008

Huntsville Real Estate: The Best-Laid Plans

As the U.S. economic crisis worsens, the National Association of Realtors has been urging legislators to include principles of the association’s four-point plan in any future housing stimulus legislation.

NAR developed the plan with consumers in mind, to boost the economy and stabilize real estate markets. The plan recommends:

  • Extending the $7,500 tax credit to all home buyers and eliminating the repayment requirement
  • Making the 2008 FHA and conventional loan limits permanent
  • Putting the Troubled Asset Relief Program back on track
  • Permanently barring large banks and banking conglomerates from engaging in real estate brokerage and management.

Learn more about the National Association of Realtors four-point plan.

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