Housing stimulus bill signed by President BushPresident Bush has signed a broad-based housing stimulus bill that includes a myriad of provisions designed to benefit consumers and the housing industry. Among the measures in the new law is a first-time homebuyer tax credit that is available for any qualified purchase between April 8, 2008 and June 30, 2009.

http://www.realtor.org/GAPublic.nsf/files/chart_homebuyer_tax_credit_.pdf/$FILE/chart_homebuyer_tax_credit_.pdf
Click here to access a chart that outlines the basic features of first time homebuyer tax credit.
http://www.suburbanrealtorsalliance.com/news/documents/homebuyertaxcredit--QA7-29-08.pdf
Click here to access a Q&A document that will describe the operation of the credit more fully.
http://www.realtor.org/gapublic.nsf/pages/hr_3221_key_provisions
Click here to access a summary of the key provisions of the housing stimulus bill.

Yeah! More help on the way...
Please let me know your thoughts on this and other ways the government can improve our current housing market.
Thanks and stay cool...