Since the government has extended the tax credit does this mean that all the buyers are going to get off the fence? When this started we had many buyers still hanging on in the middle because they were either waiting for that great deal or thinking the interest rates were going lower. In some cases maybe this worked for some. Others I am not so sure. I have been talking with my co-workers about this and I know in our firm we had a push in October but things have slowed down again. Does this mean since the tax credit has been extended are they going to wait until the last minute.

I realize the holidays are coming up and most people aren't looking for homes but what better Christmas present then a new home for your family. I think that interest rates are going to change meaning go up a little not go way down like they did over spring of 09'.

In my market we have had a big push from 100,000-250,000 sell. When you get to 260,000 and over it just drops off. We even had a jump in price on our townhouses. Good for me since that is what I live in.

Hopefully for 2010 with the tax credit change for not just first-time homebuyers but for homeowners that have lived in there principle residence for at least 5 years and decide to sell and move up or down this will help out the $260,000 and higher price ranges.

Curious about your thoughts.