It seems that the home buyer tax credit had put a bid in the real estate market this past spring. Most markets since have slow down considerably. Yes, it was spring the strongest season and it pulled many buyers out early, but you can feel the difference in the lower end of the market. If the lower end doesn't moved it affects all the ranges. It is estimated, that it cost the federal government 22 Billion dollars for the program. Compared to the trillions spent on the other aspects of the recovery act, this was well spent and helped sell a lot of … (5 comments)
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