New home buyers and existing home owners can benefit from these new proposals from our Feds. There are three actions proposed by our government to help stimulate the housing industry. 1.First-Time Home Buyers Tax Credit...the 2009 proposed budget will introduce a new non-refundable tax credit based on $5,000 for first time home buyers who purchase and take possession of a qualifying home after January 27, 2009. 2. The Home Renovation Tax Credit...A temporary 15% tax credit for home renovatio ... Full Article...

We are back from our Caribbean vacation and it is still cool with ice and snow around. Hurry up spring. The market is still in the buyers court. Prices are slowly dropping and downward pressure is continuing due to the world wide recession and overall economic outlook.  People need to find confidence before things will turn around. First time buyers should give good thought to getting their first property as rates are at an all time low and there are many homes to choose from. Some lenders stil ... Full Article...