federal tax credit: Where did all tthe buyers go?
- 06/07/10 01:37 AM
So, since the Federal Tax Credit has ended it seems that there's been a dramatic drop in the number of buyers actively seeking and purchasing Real Estate. The obvious question is why? Is it mainly because of the loss of the Federal tax Credit or has it also been signifinantly impacted by other factors like the overall lack of jobs, state of the economy, lack of consumer confidence and or the crazy oil spill and lack of control of it in the Gulf of Mexico? I guess we'll figure this out fairly soon as the Spring Market ends. Rich Salla, GRI … (5 comments)
federal tax credit: What's next in real estate?
- 05/20/10 01:21 AM
Where do we go from here? Mortgage rates are still at all time lows, but there seems to be some question if buyers are willing to act at the present time. They may be choosing to wait to make their move since prices are still dropping in many areas. The April 30 deadline expiring for buyers to qualify for the Federal Tax Credit certainly has an impact. The Spring market is quickly drawing to a close and seems to be better than last year, but maybe not as productive as many Realtors would like it to have been. Sure we have some time left, but … (5 comments)
So, since the Federal Tax Credit has ended it seems that there's been a dramatic drop in the number of buyers actively seeking and purchasing Real Estate. The obvious question is why? Is it mainly because of the loss of the Federal tax Credit or has it also been signifinantly impacted by other factors like the overall lack of jobs, state of the economy, lack of consumer confidence and or the crazy oil spill and lack of control of it in the Gulf of Mexico? I guess we'll figure this out fairly soon as the Spring Market ends. Rich Salla, GRI 
;)
;)
