Today's New York Times ran an article that brings hope to those waiting for the real estate market to turn around. Might it be time to declare a 'bottom' and move on?The article mentions that many think the $8,000 first time homebuyer credit is helping the turnaround. The National Association of Realtors (NAR) wants to expand the current credit, which expires in December, with a $15,000 credit for all buyers. This would be great for the Outer Cape market if it also included second homes.
Go to the New York Times article...Here. (Note: Thank you, Wendy.)
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