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6 Comments on What is Your Market like after the Tax Rebate Rush?
It is a funny market.. .slow in some towns and busy in other towns.. It will be interesting to see how things develop in the next few weeks.
It's called the tax credit hangover. Some of the readings I've been doing are saying that many of the sales that wouldhave happened for the next few months just got pushed up as the buyers wanted to take advantage of the tax credit.
In the Greater Seattle market, things are a little mixed. Some report slowdowns, while others report no change. Business is about unchanged for me.
Hi Jerry. It seems to me there has also been a slow-down in Southern Oregon. I sure hope that things start changing for the better soon.
It feels like traffic has slowed a bit, but I dont think the tax credit had anything to do with it. Our market always slows down after our winter season.
The buyers that I had that could take advantage of the tax credit would have bought anyway.
Jerry, the days following the April 30th end to the credit were actually quite busy with buyers. Then we had The Flood and everything has fallen off since then. I'm hoping it will pick back up after this holiday weekend, but who knows!