Political Quotes

“although the housing crisis has devastated cities and towns across America, nowhere has been hit harder than Nevada. Nearly 1 in 20 households has been affected by foreclosure, and that number goes up every single day. Every time a home is lost, a family loses not just a place to live but a sense of security, financial stability and the promise of a brighter future. Last evening, the Senate passed an amendment to the American recovery and reinvestment plan that doubles the tax credit for home buyers to $15,000. This legislation will also expand the credit to all purchasers, not just first-time buyers. In Nevada, this incentive will help encourage those who continue to sit on the fence, hoping for further price declines, to jump into the market and buy a home. Despite the current uncertainty, many experts agree that for the long term, now is an excellent time to become a homeowner. Nevadans know that this amendment will not solve our housing crisis, but it will help. If Democrats and Republicans keep working together with President Obama, putting partisanship aside to find commonsense solutions, we can stabilize our housing market and begin the long road to economic recovery.”