Do Homebuyers Need More Encouragement?

Here we are, well into the aftermath of the financial crisis that torpedoed home values across the country, sent mammoth financial institutions into the poor house, and drove unemployment numbers toward the double digits. The government, for its part, has taken increasingly drastic steps to put the real estate market right again, to mixed effect. From rock bottom interest rates to massive loan modification programs to tax credits to entice first time homebuyers, we?ve seen a lot of effort from Uncle Sam. With signs of a recovery mounting and buyers starting to emerge from the woodwork in greater numbers, the question becomes whether we are doing too much to spur a recovery. New homebuyers, for example, already have a pretty sweet deal going. Currently, if your credit score is up to snuff,