Friday, February 10, 2012 5:19 am

Subdivision Search

  1. Autumn Oaks
  2. Seven Springs
  3. Sterling Hills
  4. Silver Ridge
  5. Deer Field
  6. Hernando Oaks
  7. Glen Ridge
  8. Woodland Waters
  9. Spring Ridge
  10. The Heather
  11. Royal Highlands
  
  1. Home
  2. National Real Estate
  3. Shaun Donovan Quote Sparks Controversy

Shaun Donovan Quote Sparks Controversy

Posted on Aug 31, 2010

A recent quote on CNN Sunday by Shaun Donovan, HUD Secretary, has caused plenty of turmoil in the real estate industry.  After stating that a restoration of the homebuyer tax credit is "not off the table" and that it is "too soon to say" if the tax credit would be revived, Donovan's remarks sparked controversy among real estate professionals.

HUD spokesperson tried to back pedal yesterday by claiming that "There are no discussions underway to revive the credit." However, just the talk of a revision could cause the home sales to stall even further.  The existing home sales in July showed a drastic decline, and if the figures for August are anything like July's a push for Government interference could certainly rise.  The Pending Home Sales Index will be released by the National Association of Realtors (NAR) on Thursday, September 2, 2010.

 

This form is intended to allow Guest comments to be added to this article.

  • Your Name:
  • Your Email Address:
  • Your Comment:
  

Search the Listings

  1. Type:
  2. County:
  3. $ From:
  4. $ To:
  5. Beds:
  6. Baths:
  7. Waterft:
  8. Pool:
Listing Data ©2012 Hernando County Association of Realtors
Listings provided courtesy of The Hernando County Association of Realtors MLS. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
©2006-2012 brokeridxsites.net
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. Datafeed updated Daily. last update on 10Feb2012 at 3:00am
brokeridxsites.net
Manage Your Account