home buyer incentives and buying in central texas: Home Buyer Incentives
- 02/03/10 07:08 AM
Many buyers are taking advantage of the $8000 stimulus money. This is great in the short run for the real estate market but was it the right solution? The market is being artificially held up by this government program. When it ends the sales could quickly slow and we may see another speed bump in the market for buyers. It would make more since to slowly reduce the amount that is offered. Tapering the amount off through say the end of 2011 or 2012 would allow a gradual rather than abrupt transition. With things ending on April 30th 2010 there has been a big push to find the right property. Central … (3 comments)
Many buyers are taking advantage of the $8000 stimulus money. This is great in the short run for the real estate market but was it the right solution? The market is being artificially held up by this government program. When it ends the sales could quickly slow and we may see another speed bump in the market for buyers. It would make more since to slowly reduce the amount that is offered. Tapering the amount off through say the end of 2011 or 2012 would allow a gradual rather than abrupt transition. With things ending on April 30th 2010 there has been a big push to find the right property. Central … (3 comments)
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