GOOD NEWS!
John Connaughton, UNCC economist, predicts that next year, the state's economy will grow 2.8 percent, following this year's 3.6 percent decline. N.C. businesses are expected to add nearly 33,000
jobs next year, with growth in more than half of the state's economic sectors - including finance and real estate, which took massive hits in the recession, Connaughton said. He expects the
construction, services and government fields to post the biggest gains in 2010.
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<< MORE >>As 2009 comes to a close, we want to share plenty of good news with you on the residential real estate front.
First, we are thrilled to see the federal government pass the extension and the enhancements to the home buyer’s tax credit. This will significantly help the real estate market lead the economy into stronger times. To summarize the new program:
Contact The Lee Ann Miller Team today to begin your journey in this positive real estate market.
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September 2009
I am sure you are familiar with the stimulus provision that provides an $8,000 tax credit to first-time buyers if you purchase and close on a home prior to December 1, 2009. This is an amazing opportunity for first-time buyers to take advantage of the current real estate market benefits. Just what are the current benefits?
First, affordability is at an all-time high. According to the National Association of Realtors, 72.3% of Americans can afford to buy the median priced house with their median family income. This number has never been higher since we began keeping records. ...<< MORE >>