And now we wait....to see what effect it has on our industry and the market.  I for one have high hopes that some of the things in the bill will stimulate home buyers.  First time home buyers for sure need to review their situation and get ready to jump into this market with both feet.  Yes the rate of foreclosures coming to the market will slow, but the impact on interest rates is fabulous, and the inventory is still good.  Most importantly don't forget that $8,000 tax credit.  The National Association of Realtors was pushing for a $15,000 tax credit.  We didn't get it.  But the $7,500 tax credit, which was really a loan, it had to be repaid has not become a tax credit.  I haven't seen all the details but it appears that if you are first time buyer and you qualify for the credit, it will come off your taxes and not have to be repaid if you plan to stay in your home for at least 3 years.  Piece of cake.  With the cost of buying you should plan to stay in your home for at least 3 years, actually I would say 5 to 7 at a minimum.  I can't wait to see and hear all the details.  If you haven't been out looking you should be.  Call me, I'll get you an online search account so you can begin your search for a home.  Send me an email - sign up on line at this site - just do it.  Until we all agree to get out there and do it, we'll remain stalled and that's not what the stimulus package intended us to do.