Thought you might enjoy a brief overview of each of the main contender's outlook for real estate and related issues after "they become President." I do not endorse or support any candidate or party in this posting.
This information is taken in part from data at Realtor.org
DEMOCRAT Top Three:
Clinton: Would provide about a Billion to US States. This is targeted to help borrowers avoid foreclosure. Suggests another Billion to help state and local governments with affordable housing trust funds. Would ask Congress to authorize a tax credit helping uninsured households obtain health coverage.
Obama: Would strengthen detection of and punishment of mortgage fraud. Create a new office of Urban Policy to improve delivery of federal funds to urban areas. Would ensure health insurance carriers would make affordable options available to households.
Edwards: Would create fund to help troubled home owners renegotiate subprime loan terms. Proposes moving subsidized renters out of concentrated housing areas by expanding tenant based vouchers. Would require employers to either offer health insurance or help employees buy it on their own.
Search the MLS database of Silver City area properties
REPUBLICAN Four:
Giuliani: Would make Bush's tax cuts permanent and keep marginal tax rates low. Would index alternative minimum tax rates for inflation. Would abolish the estate tax and create tax savings accounts.
McCain: Would enact legislation prohibiting government from taking property for "economic development." Would appoint judges who take a strict constructionist view of private property rights. Would balance the Federal Budget.
Romney: Will propose ZERO taxes on investment for households earning under $200K. Would eliminate high deductibles in health savings accounts. Would provide federal incentives to states to reform their health insurance markets.
Thompson: Would better educate the public, and offer more and better insurance choices. Would dissolve the IRS in it's present form, and create a new tax code based on simplicity, fairness, and economic growth.
The Silver City real estate market is showing signs of the normal Holiday swoon. Realtors polled say they are still getting calls and showings, but snow and Christmas always have some effect, and we are feeling it as expected. This is the time of year for families, friends, and the right spirit.
For those who wish to hunt for your dream property during this time of year, many of us will be available during the Holiday Season. I will be working much of the Holiday Season, and will be happy to help you in your real estate searching. Call 800-368-5632 #17 or contact me through the blog... Merry Christmas and Happy New Year ----aarcher--->
Wednesday, December 12, 2007
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