Latest on Housing Stimulus, Charlotte Real Estate Stats, Slumdog- Millionaire, Inaugural Update
January 30th, 2009 Categories: Real Estate News
Charlotte NCSenate Finance Bill Similar to House Housing Stimulus
The House Stimulus Bill passed with a $7500 tax credit on home purchases, and the Senate Finance committee approved a similar measure extending the credits through September 1, 2009. Latest details on the Housing Stimulus Details are here. It could be still improved in the Conference Committee, and my hope is Congress will extend the credits through the December 31 of this year. What can you do? Call or write your Representatives in Congress. Photo frm the inauguration of the 44th President if the US.
Representative Sue Myrick (202) 225-1976
Representative Larry Kissell (202) 225-3715
Senator Kay Hagan (202) 224-6342
Senator Richard Burr (202) 224-3154
The call should be simple-
Congress must act to increase demand for housing
express urgency in stopping the downward spiral of home values- Home Values are just like America’s saving accounts. With them go American spending, America’s confidence, and digs the economy into a deeper hole. House Purchase Tax Credits are the fastest way to increase demand.
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Remember, All Real Estate is Local. You Wouldn’t Watch the National Weather Report to Figure Out What to Wear Outside in Your City
so says the head of the Texas MLS,
living in a state where the real estate has done remarkably well over the last few years, like the Carolina’s. Thanks Texas! I couldn’t have said it better!
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Charlotte Home Sales, December 2008 to December2007, by units are off 34%. By volume, sales are about 55% of 2007 blevles. Average homes prices? Off by 11%. Average Sales to list? 90%
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Cast my vote, Slumdog Millionaire is the Best Movie of The Year,
but Not just this past year, but the last 5 Years. Atleast.
A love story with fast moving action, Slumdog takes watchers on an inside trip into mysterious and brutal India. It makes you laugh, cry, want to throw up, and then, the hero overcomes all odds in his search for happiness and his one true love.  Modern India is on display, for all of its liveliness, wickedness and power.
The last movie that had such an impact? Schindler’s List. Blood Diamonds had a similar effect with a less attractive ending.
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Inaugural Update
Many of you saw that we got last minute tickets but how we got them was quite a story. We had about resigned ourselves to Not going as our many requests for tickets had fallen on deaf ears… something about NC going Blue this year. We heard a brief announcement that Senator Kay Hagan would be distributing excess tickets Monday before inauguration; Amy, our youngest, or AmyMac as her friends know her, who goes to school a few miles from Senator Hagan’s office, agreed to go there and wait.
She was there early looking for 4 tickets. There were about 40 people ahead of her as she got out her homework and began to work before 9. She waited. After a while, she heard she could only get two tickets. They took her name, a copy of her NC License, and cell number- and told her they’d call her. She left and there were hundreds in line behind her.
About 1:00 she got the call that there would be 2 tickets for her, and she called us, and we congratulated her and told her to go get them and have fun with her roommate. Again, we resigned ourselves to not going.
Then about 3:00pm, she called us and told us that “She didn’t wake up early to get herself tickets, she went for us her Mom and Dad, and she could go with her friends out on the mall, and we needed to leave now and come up and use the tickets. We thought about it 5 minutes, and an hour later we left for Washington DC.
As bad an experience as some had, ours was much better. We met some great people along the way. We shared the day with a couple from St Louis, from the morning crush through the final song, and we are still in contact with them.
Thanks again AmyMac!   AmyMac is heading to Kenya this summer to work with AIDS patients. She is raising funds, email me at terry at terrymcdonaldre.com for more information if you’d like to help send her there.
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Charlotte NCÂ Terry’s Introduction to Charlotte, Over 10,000 views You Tube views-#1 for a search Charlotte NC,
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I am dying to see Slum Dog Millionaire. Thanks for the write up. I can’t believe it only got 2.5 stars but is loved so much.