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Saturday, February 21, 2009

Obama's $timulu$ Plan...Will it help Viera sellers?

Like most I have heard (and read lots of stories) this week about the impact of President Obama's housing stimulus plan.

In the Viera, Florida market we have buyers who are buying because they are moving into the area (retiring to a 55+ community like Heritage Isle) or relocating due to a change of employment.

And then there are the first time home buyers who are taking advantage of the attractive prices in the Viera and Rockledge, Florida area.

So, how will "the plan" impact Brevard County sellers? I guess the best way to frame the question is

Will an $8,000 tax credit cause you to buy a
new house?

The tax credit is for new buyers entering the market - not those who have sold a home in the past three years. How many of the folks moving to Viera are first time home buyers? My guess is there are some ... but the jury is still out on the plan's impact!

Buying or selling in the Viera, Florida area, call me. Relocating to one of the 55+ communities in Viera, call me. Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida.

Read my blogs at www.gwatersc21.activerain.com and www.movingbrevard.blogspot.com.

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