Visit Tour of Trees - through Dec. 20
Lowder New Homes brightens the holiday season with its Tour of Trees now through December 20
For the sixth year in a row Lowder New Homes is holding its Tour of Trees, showcasing beautiful, designer-decorated Christmas trees. The Christmas trees are on display at five Lowder Model Homes and Information Centers in Montgomery, Prattville and Millbrook. At each location visitors are encouraged to register to win a dazzling seven-foot, pre-lit Christmas tree to be given away December 20. They can continue to register each time they visit. The tour is free and open to the public.
“This event is our way of giving back to the community,” said Jimmy Rutland, vice president of Lowder New Homes. “We get excited about it every year because it’s something the whole family can enjoy and any family can afford since admission is free.”
The Christmas trees bear themes ranging from the fanciful and sophisticated to the patriotic and are designed to be an abundant source of ideas people can use in their own holiday decor. Visitors can also borrow ideas from the Model Homes themselves, which have been professionally decorated and beautifully furnished and come equipped with new and exciting products and design features. Tour hours are Monday through Friday from noon to 5:00 p.m. and Saturday and Sunday from 1:00 p.m. to 5:00 p.m. The Model Home locations and themes of the Christmas trees are as follows:
Glad Tidings Woodland Creek
Red, White & Blue Christmas StoneyBrooke Plantation
Global Celebration Deer Creek
Christmas In Oz Highland Ridge/Prattville
Nature’s Joy Grand Park/Millbrook
Click here for more information.
Posted on Nov 17, 2009 | 12:14 PM
Builders Applaud Congress on Extending Home Buyer Tax Credit
A Statement From The Home Builders Association of Alabama
The National Association of Home Builders (NAHB) applauded Congress for passing legislation that will extend and expand the $8,000 first-time home buyer tax credit, stating that this will provide a much-needed boost to the fragile housing market and economy.
“We commend lawmakers for acting in a bipartisan manner to extend the first-time home buyer tax credit beyond its Nov. 30 deadline and expand it to a wider group of home buyers,” said NAHB Chairman Joe Robson, a home builder from Tulsa, Okla. “The tax credit has proven to be a powerful economic incentive. Today’s action by Congress will further stabilize housing and the economy by creating new jobs, stimulating home sales, reducing foreclosures, cutting excess inventories and stabilizing home prices.”
The new law will extend the $8,000 credit for first-time home buyers for sales contracts entered into by April 30, 2010 and closed by June 30. Further, it has been expanded to include a new $6,500 credit for owners of existing homes who are purchasing a new principal residence. An existing home owner can claim the $6,500 tax credit if they have been residing in their principal residence for five consecutive years out of the last eight. Additionally, the income eligibility limits to claim the full credit amount for both groups of home buyers have been raised to $125,000 for individuals and $225,000 for married couples.
NAHB estimates that the extended and expanded home buyer tax credit will create 211,000 jobs and generate 180,000 additional home sales in the coming year. It is also expected to generate $9.6 billion in wage income and $6.9 billion in federal, state and local taxes.
The legislation, which also extends unemployment insurance benefits and offers relief to cash-strapped firms by providing broader tax benefits for businesses with net operating losses (NOLs), is expected to be signed into law shortly by President Obama.
“The new NOL rules will throw a lifeline to struggling businesses, allowing them to continue making payrolls, paying business loans and otherwise keep their doors open until the economic recovery takes hold,” said Robson.
Posted on Nov 11, 2009 | 4:16 PM
