Waco Homes For Sale

INFO THAT HITS US WHERE WE LIVE 

 The big housing news last week came out of Washington. Senate Democrats and Republicans agreed in principle to a $15 billion housing stimulus package that could pass as early as this week. Interesting provisions. A property-tax deduction for homeowners who don't itemize. FHA insurance up to $550,000. $100 million for counseling borrowers on the verge of default. A tax credit for buyers of foreclosed homes. Tax-exempt bonds for local housing authorities. Block grants for foreclosed properties. Tax breaks for homebuilders. It needs to get through the House and be signed by the President. But at last there is a strong bipartisan effort to get housing back on track.