Well it looks like President Obama will be signing the Stimulus Package here in Colorado today. It includes an $8000 Tax Credit for Buyers when the purchase a home prior to December 1, 2009. It also "betters foreclosure mitigation and lowers interest rates for Homeowners and Buyers" What does that mean for you? Well if your a in the Market to sell your home Buyers have a nice incentive to buy it. If your looking to purchase that $8000 tax credit will come in handy next year at tax time. The goal is for this incentive to stabilize prices and remove some of the inventory we're currently holding.

Read more about it at http://www.realtor.org/press_room/news_releases/2009/02/realtors_advocate_quick_stimulus_implementation