Industry Pushes to Extend Home Buyer Tax Credit

By: Leslie Williamson

As the online edition of the Wall Street Journal states, positive steps were made today to reinvigorate the US Housing Market.  An association of chief executive officers of leading US corporations issued a set of recommendations for the White House and Congress that are aimed to jumpstart the housing market in order to stimulate a broader economic recovery!

The recommendations are very targeted, i.e. keep mortage rates at historically low levels (below 5%) for at least one year, and are critical next steps for a housing recovery  that will in return boost the economy as a whole.