Real estate agents make great brokers. Take the next step in your career with Allied's Real Estate Broker License Courses. Be prepared to assume a management role in a real estate office as you oversee the entire real estate process. Receive a high-level of knowledge that includes advanced real estate practice, law, finance, appraisal, economics, property management, escrow, and/or real estate office administration.

On July 30, 2008, Bush signed the Housing and Economic Recovery Act of 2008 to help stabilize financial markets. This measure is regarded as the most significant housing legislation in decades.

The bill may provide mortgage relief to overextended homeowners, offer first-time homebuyers with tax credits up to $7,500, plus low income housing tax credits will make rental housing more affordable.

So, what does this all mean?

Mortgage relief is a positive step towards fewer foreclosures. With a decreased number of homes on the market and an increased demand from buyers with tax credits, the real estate market is on the upswing.

According to Nancy Pelosi, Speaker of the U.S. House of Representatives, "this legislation will help strengthen the housing market and create jobs."

As more buyers enter the market, the demand for real estate professionals, brokers, appraisers and home inspectors will increase. And now is the perfect time to prepare for a real estate career. Trained real estate professionals will play an important role in facilitating the housing bill, but turning homeownership dreams into reality will be the most fulfilling part of this career choice.

By Danielle Macklin, Allied Real Estate School, www.brokerlicense.com

Labels: Housing and Economic Recovery Act of 2008, housing bill, Real Estate

Posted by Danielle Macklin @ 8:22 AM • 0 comments