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This month’s edition of the Mobile Eastern Shore Real Estate Podcast covers market activity and then we will examine the Housing and Economic Recovery Act of 2008 recently passed by Congress.

Features special guest Terri Murphy of US Learning.

Program length: approximately 7 minutes

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Excerpt from this month’s show:

“The government is offering $7,500 in what amounts to be a tax-free loan, helping first-time home buyers get into a home. 

Up to $7,500 will be given to first-time purchasers as they file their income tax returns. The amount will be phased out above a certain income level and is to be no more than 10 percent of the home purchase price — though first-time buyers will qualify for the full amount.”

Listen to our Podcast to learn more about how the Housing and Economic Recovery Act of 2008 is helping Mobile and Eastern Shore home buyers.